413 - 415 King Street

ActiveHamilton · Strathcona51 days on marketMLS® X13450158

$1,499,999

$283 / sq ft

Bedrooms0

Bathrooms0

Interior5,300 sq ft

Lot Size6,491 sq ft

TypeCommercial

ListingFor Sale

Days on Market51

About this property

An exceptional opportunity to acquire a well-maintained 18-unit income-producing property in one of Hamilton's rapidly evolving downtown corridors. The building comprises 14 shared accommodation units and 4 bachelor suites, generating over $148,000 in annual gross income with additional upside through future rent growth and operational optimization.Professionally managed and extensively updated, the property features numerous capital improvements, including updated electrical, plumbing, windows, water services, high-efficiency furnaces, upgraded fire safety systems, secure coded entry, high-speed fibre internet, and low-maintenance exterior finishes. Established maintenance and service relationships provide a smooth transition for new ownership.Ideally located on major HSR and GO Transit routes, the property is minutes from Hess Village, Locke Street, Jackson Square, hospitals, parks, restaurants, retail amenities, and Hamilton's downtown core. Its central location supports strong, consistent demand from students, healthcare professionals, and working residents.The surrounding area continues to benefit from significant public and private investment, including new residential developments, hotels, educational facilities, commercial projects, and ongoing downtown revitalization initiatives. The property's proximity to the proposed LRT corridor further strengthens its long-term growth potential.Nearby institutions include McMaster University, Mohawk College, Columbia International College, Brock University's downtown campus, and several healthcare and continuing education facilities, providing access to a deep and stable tenant pool.Offering immediate cash flow, value-add potential, and long-term appreciation prospects, this is a compelling opportunity for investors seeking a strategic asset in a high-growth urban market. Vendor Take-Back (VTB) or private financing may be available for qualified purchasers.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X13450158
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	5,300 sq ft
Lot Size	6,491 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	Strathcona
City	Hamilton
Postal Code	L8P 1B5
Province	ON
Listed Date	June 16, 2026
Days on Market	51
Price per Sq Ft	$283
Brokerage	EXP REALTY