807-809 King Street E
Hamilton (Gibson), ON L8M 1A8
- 3Bedrooms
- 5Bathrooms
- 3Garage
- —Sq Ft
- $5,770Tax
- 29×101 ftLot Size
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About 807-809 King Street E, Hamilton, Gibson
GRAB HOLD OF A STELLAR OPPORTUNITY TO OWN A VALUE-PACKED TURNKEY INCOME-GENERATING PROPERTY! 807-809 KING STREET IS A MIXED-USE BUILDING WITH 1 RETAIL UNIT + 3 RESIDENTIAL UNITS!2 RESIDENTIAL UNITS ARE ONE-BEDROOM APARTMENTS AND THE THIRD UNIT IS A LOFT APARTMENT. ALL UNITS ARE FULLY EQUIPPED, RETAIL AND RESIDENTIAL UNITS ARE RENTED TO AAA CLIENTS. THE RETAIL UNIT IS A 1750 SQ FT AND WITH A FULL BASEMENT R. IT IS A VERY WELL-MAINTAINED BUILDING. PARKING CAN BE AT THE REAR OF THE BUILDING. TENANT PAYS THEIR HYDRO. SELLER PAYS GAS, TAXES, AND INSURANCE. POSSIBILITY TO STAY IN ONE UNIT WHILE RUN YOUR OWN BUSINESS. THE RETAIL STORE HAS ITS KITCHENETTE, FROM WHERE YOU CAN WALK OUT TO THE BACKYARD, AND HAS 2, 2 PIECE WASHROOMS, ONE WASHROOM HAS WHEELCHAIR ACCESS, DON'T MISS THIS OPPORTUNITY, IT WON'T LAST LONG. TENANTS ARE WILLING TO STAY, VACANT POSSESSION IS AVAILABLE. THE PROPERTY IS A FEW STEPS FROM THE PROPOSED LRT STOP, BEING ON KING ST IT IS COMMUTER'S PARADISE. VERY CLOSE TO MOSQUE. **EXTRAS** THIS KIND OF PROPERTY IS SURELY NOT TO BE MISSED, WAITING FOR END USERS OR SAVVY INVESTORS TO BRING THEIR IDEAS AND EXPLORE THIS PROPERTY'S HUGE POTENTIAL IS THE RIGHT TIME TO ADD ANOTHER MONEY-MAKING PROPERTY TO YOUR PORTFOLIO.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,770
- Land Transfer Tax Fee
- $16,255
Rental Items
- Rental Equipment
- 2 WATER HEATERS ARE RENTALS.
- Basement Type
- Full
Interior Features
- Interior Extras
- Other
- Security Features
- Other
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Hospital
Building
- Building Type
- Store W Apt/Office
- Building Style
- 3-Storey
Construction
- Exterior Finish
- Brick Front
- Roof
- Asphalt Shingle
- Foundation Details
- Brick
- Special Designation
- Unknown
Lot
- Lot Front
- 29.13 ft
- Lot Depth
- 100.56 ft
Inclusions
- Inclusions
- ALL UNIT'S WASHERS, DRYERS, STOVE, DISHWASHERS, ELF'S
Exclusions
- Exclusions
- TENANTS BELONGINGS
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 3
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3
- Washrooms
- 5
- Kitchens
- 4
Room sizes
- Recreation—Flat level, Combined w/Office, Hardwood Floor
- Office—Flat level, Combined w/Rec, Hardwood Floor
- Workshop—Flat level, Combined w/Office, Hardwood Floor
- Kitchen—Flat level, Combined w/Laundry, Overlooks Backyard, W/O To Yard
- Living Room—Second level, Combined w/Dining, Combined w/Kitchen, Hardwood Floor
- Bedroom—Second level, Hardwood Floor, Window, Closet
- Kitchen—Second level, Combined w/Dining
- Living Room—Second level, Combined w/Kitchen, Window, W/O To Sundeck
- Bedroom 2—Second level, Hardwood Floor, Window
- Kitchen—Second level, Combined w/Dining, Hardwood Floor
- Loft—Third level, Combined w/Living, Hardwood Floor
- Kitchen—Third level, Hardwood Floor
Washrooms
- 2-piece, Flat
- 2-piece, Flat
- 3-piece, Second
- 3-piece, Second
- 3-piece, Second
- Municipality
- Hamilton
- Neighbourhood
- Gibson
- Main cross streets
- KING ST E & FAIRLEIGH AVE N
- Zoning
- T0C3(Multi Use)
- MLS® number
- X11918900
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-06-10
- Listed on
- 2025-01-11
- Days on market
- 150 days
- Possession type
- To Be Determined
- Co-op commission
- 2.0 % - $ 50 MKT FEE + HST
- Seller
- Listed by
- HOMELIFE/MIRACLE REALTY LTD
Home Market Value
Current home valuation for 807-809 King Street E, Hamilton, Gibson, Hamilton, ON. Listed for $989,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 807-809 King Street E, Hamilton, Gibson
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $489,000 over $500K
$73,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $36,593 | $27,593 | $23,538 | $0 |
=Total mortgage | $951,418 | $917,693 | $864,188 | $791,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,645monthly | $4,481monthly | $4,219monthly | $3,863monthly |
Land Transfer Tax
$16,255
$16,255
Around this home
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