Property Details

70 King Street E, Hamilton, Ontario, L8N1A6

70 King Street E, Hamilton, Ontario, L8N1A6 (ID H4150059)
Representative
Joanne and John Lake portrait
Joanne and John Lake
Broker and Sales Representative
Real Estate Homeward - Gravenhurst
Cell: 416-797-6804
Tel: 705-710-1131

$6,299,000 - For sale

ID#:H4150059

One of the most prestigious heritage properties in the city could finally be yours! 66 & 68 King Street East is a towering pair of mixed-use heritage properties in the core of city fronting onto the pedestrian only Gore Park. 68 King Street East, also known as Victoria Hall, designated a national historic site because it is of national historic and architectural significance. It is a superior and rare example of a commercial building with a decorative, architectonic, sheet-metal fašade, which is completely hand rather than machine-made. This 22,000 SF building hosts two ground floor commercial units that are currently home to a local, vibrant cafe and reputable province wide food franchise. The upper floors currently contain seven oversized apartments of 3, 4 and 5 bedrooms. Combined the apartments have over 30 bedrooms leading to the current Co-Living business model where rooms are rented instead of apartments. This business model has a tremendous positive impact on cashflow resulting in approximately $450K in gross revenue. This building had previously been considered for CMHC financing, please call for details and our marketing package! (id:2471)

Property Details
  • Property Address:70 King Street E, Hamilton, Ontario, L8N1A6
  • Property Type:Multi-family
  • Lot Size:41.6 x 137.48
  • Acreage:41.6 x 137.48|under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Driveway:No Garage
Structure Details for 70 King Street E, Hamilton, Ontario, L8N1A6
  • Structure Style:Multi-Family
  • Floor Space:22355 sqft
  • Heating Type:Natural gas, Baseboard heaters, Forced air
  • Architecture Style:Multi-Unit, Other
  • Storeys:5
  • Basement Type:Full (Unfinished)
  • Foundation Type:Block
  • Cooling Type:Central air conditioning
  • Rental Equipment:Other
  • Exterior Type:Other
Amenities for 70 King Street E, Hamilton, Ontario, L8N1A6 No Driveway
Representative
Joanne and John Lake portrait
Joanne and John Lake
Broker and Sales Representative
Real Estate Homeward - Gravenhurst
Cell: 416-797-6804
Tel: 705-710-1131
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Listing Offices: Ambitious Realty Advisors Inc.,, Ambitious Realty Advisors Inc.

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70 King Street E, Hamilton, Ontario, L8N1A6

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