428 King Street W Hamilton, Ontario L8P 1B7

$799,000

Welcome to 428 King Street West. A prime mixed-use investment opportunity in Hamilton's thriving Strathcona neighbourhood! Positioned on a prominent corner at King Street West and Pearl Street North, this exceptional property presents an exciting opportunity to invest in one of Hamilton's most sought-after and evolving urban neighbourhoods. Situated along the approved Hamilton LRT corridor, this high-visibility location combines immediate income potential with promising long-term growth and investment appeal. Offering approximately 3,290 sq. ft. of versatile space, the building features an impressive 1,728 sq. ft. ground-floor commercial unit, complete with expansive display windows, excellent street exposure, and a commanding corner presence. The second floor offers four residential rental accommodations, conveniently accessed through a separate entrance on Pearl Street North. These include a self-contained one-bedroom apartment and three individually rented rooms with a shared kitchen and bathroom. This income-generating property offers investors the advantage of established rental revenue from day one. Its Transit Oriented Corridor (TOC) zoning further enhances its appeal, accommodating a broad range of potential commercial uses, including medical, retail, and professional offices. The location is equally impressive. Just minutes from Highway 403, steps from public transit, and within walking distance of the vibrant shops, restaurants, and amenities of Locke Street and Hamilton's West End, the property offers exceptional accessibility and convenience for commercial and residential tenants alike. A rare opportunity to secure a prominent, mixed-use property in a high-profile location poised to benefit from Hamilton's continued growth and revitalization. Whether expanding an investment portfolio or seeking a strategically positioned income property, 428 King Street West delivers an outstanding combination of location, versatility, and long-term potential. (id:63616)

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https://www.realtor.ca/real-estate/30394278/428-king-street-w-hamilton-strathcona-strathcona