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Investment Highlights

  • Heavy Foot Traffic
  • Multi-Use
  • Storefront
  • Downtown Hamilton mixed-use asset

Executive Summary

An exceptional opportunity to acquire a fully tenanted mixed-use investment property in the heart of downtown Hamilton's rapidly revitalizing International Village. This classic, low-maintenance building features a leased street-front commercial retail unit and two leased residential apartments above, providing three established income streams, immediate cash flow, and long-term investment stability. The recently renovated commercial space offers soaring ceilings, exposed brick, abundant natural light, and an open-concept layout with exceptional visibility along the bustling King Street East corridor. The two upper residential apartments feature bright open-concept living areas with large windows, kitchens complete with stainless steel appliances, and access to shared on-site laundry. The building's common areas have been renovated, and one apartment has been fully renovated, enhancing tenant appeal and long-term value. Ideally positioned in one of Hamilton's fastest-growing downtown neighborhoods, the property benefits from excellent transit access, major bus routes, dedicated bike lanes, and is within walking distance of restaurants, cafes, shopping, parks, City Hall, and the Hamilton Central Business District. Surrounded by ongoing residential and commercial development, this turnkey asset is well positioned for continued appreciation. Whether you're expanding an established portfolio or seeking a stable, income-producing investment, 183 King Street East offers diversified revenue, quality updates throughout, and outstanding long-term growth potential.

Attachments

OPEX

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,265 SF
Building Class
B
Year Built
1910
Price
$839,000 CAD
Price Per SF
$370.42 CAD
Cap Rate
5.51%
NOI
$46,229 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.60
Lot Size
0.02 AC
Zoning
D2 - Downtown Commercial Zone
Frontage
21’ on King St E

Amenities

  • 24 Hour Access
  • Signage
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • PLANET SNACKS AND PLANET SNACKS CANADA
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
PLANET SNACKS AND PLANET SNACKS CANADA Accommodation and Food Services 99,999 SF - -
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
90/100
Moderately bikeable
70/100

Nearby Major Retailers

Tim Hortons
BDC
The Famous Owl of Minerva
Burrito Boyz
Sugar Marmalade
Kinton Ramen
National Westminster Bank Plc
Anytime Fitness
SPINCO
Starbucks
  • Listing ID: 41389345

  • Date on Market: 2026-07-22

  • Last Updated:

  • Address: 183 King St E, Hamilton, ON L8N 1B3

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