DeMelo Group Logo
$2,250,000
( $254.18Per Sq Foot )
 $12,078 est/mo Sourced by Back At You

249-255 King Street E,Hamilton, ON L8N1B9

Hamilton, ON L8N1B9

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Description

Turnkey mixed-use investment opportunity in the heart of downtown Hamilton. Situated on a prominent corner at King St E and Ferguson Ave N, this fully tenanted asset offers a blend of stable residential income and high-exposure commercial frontage. The property features two ground-floor commercial units and six residential apartments (1- and 2-bedroom units). Fully leased at market rents with a favourable tenant structure, providing consistent cash flow from a diversified income base. Located in a high-traffic, rapidly evolving corridor with excellent walkability and transit access, this is an ideal opportunity for investors seeking a stable, long-term asset in a prime urban location. (id:13843)

Details

MLS #40818294
Listing TypeFor Sale
StyleResidential Commercial Mix
StatusActive
Days On Site193
Listing Provided ByCity Brokerage | Bianca Marijan

Features

SQ Feet8,852
Story(s)3
ZoningD2
Acreage0.13

Interior

Fireplace Yes / NoNo

Exterior

Lot FeaturesSouthern exposure

Utilities

SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount23356.95

Area Information

ProvinceON
CityHamilton
Postal CodeL8N1B9
Community Name140 Beasley
Listing VS Median (in 140 Beasley)
Price:
$2,250,000
low | high
Med:
$222,400
100% of Average
sqft:
8,852
low | high
Med:
566
100% of Average
$ / sqft:
$254
low | high
Med:
$400
7.53415938837% of Average
On site:
193
low | high
Med:
32
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Lindsey DeMelo

Lindsey DeMelo

Sutton Group - Quantum Realty Inc- Brokerage

Broker, (416) 219-1109ldemelo@sutton.com
ProvinceON
CityHamilton
Postal CodeL8N1B9
Community Name140 Beasley
Listing VS Median (in 140 Beasley)
Price:
$2,250,000
low | high
Med:
$222,400
100% of Average
sqft:
8,852
low | high
Med:
566
100% of Average
$ / sqft:
$254
low | high
Med:
$400
7.53415938837% of Average
On site:
193
low | high
Med:
32
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.687M - $2.812M
sqft: 6,500 - 11,000
Nearby Listings Property ImageNearby Listings Details
185-187 KING STREET E Property Photo 1
$1,799,000
185-187 King Street E
Hamilton (beasley), ON L8N1B3
33 BOWEN STREET Property Photo 1
$2,699,900
33 Bowen Street
Hamilton (corktown), ON L8N3Y6
33 BOWEN Street Property Photo 1
$2,699,900
33 Bowen Street
Hamilton, ON L8N3Y6
Listing Updated: October 19, 2026 at 1:43:06 PM PDT