$5,990,000
70 King Street E, Hamilton, ON L8N 1A6
0 Beds
0 Baths
22,355 SqFt

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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 faade, 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:5764)
  • Price:
  • $5,990,000
  • Square Footage:
  • 22,355
  • Listing ID #:
  • H4150059
  • Street Address:
  • 70 King Street E
  • City:
  • Hamilton
  • Province:
  • Ontario
  • Postal Code:
  • L8N 1A6
  • Listing Status:
  • Active
  • Listing Type:
  • Multi-Family
  • Stories:
  • 5
  • Style:
  • Multi-Unit, Other
  • Total Building Square Footage:
  • 22355
  • Road Frontage:
  • 41 Ft
  • Originating Mls:
  • Realtors Association Of Hamilton-Burlington
  • Cooling System:
  • Central Air Conditioning
  • Has Central Air Conditioning:
  • Yes
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • Municipal Sewage System
  • Listing Provided By Ambitious Realty Advisors Inc.

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