216-218 King Street E
216-218 King Street E
$1,900,000
$633/sq ft · 10 days on market
About This Listing
Excellent mixed-use investment opportunity in the heart of downtown Hamilton. This income-producing property features 2 fully leased ground-floor retail units, plus 2 vacant 1-bed, 1-bath loft-style residential units, each with a private balcony overlooking vibrant King St. E, ready to be leased at today's market rents. An additional third residential unit offers excellent value-add potential and awaits restoration, providing an opportunity to further increase income through renovation. All 4 existing units are separately metered, allowing for efficient utility management. The property also offers rear parking and is ideally located close to public transit, shopping, restaurants, and the ongoing growth and revitalization of Hamilton's downtown core. A rare opportunity to acquire a well-located mixed-use asset with immediate commercial income, vacant residential units ready for lease-up, and future upside through renovation and increased rental potential.
| Monthly Mortgage (P&I) | $8,278 |
| Property Tax (MLS) | $1,903 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $10,181 |
Down payment: $380,000 (20.0%) · Mortgage: $1,520,000
Property tax uses MLS annual tax of $22,840/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX ESCARPMENT GOLFI REALTY INC.
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Data last updated: August 23, 2026 at 10:25 a.m.