571-575 KING St E

About this Property

Significantly renovated mixed-use investment property on Hamilton's future LRT corridor! Offering 5,544 sq. ft. above grade, this exceptionally well-maintained, two-storey building underwent an extensive, near-total renovation in 2019-2020 and features three 1-bedroom residential apartments and three ground-floor retail storefronts, two of which are currently combined into one commercial unit. A full, usable basement provides substantial additional storage, while a rear fire escape adds further functionality. Offered at an attractive 6.2% cap rate, reflecting the significant capital investment already undertaken, this is an opportunity to acquire a substantially improved asset with diversified residential and commercial income. Situated on King Street East, directly along the planned Hamilton LRT route, the property is exceptionally well positioned to benefit from future transit investment, neighbourhood revitalization, and long-term growth. An appealing opportunity for investors seeking quality construction, current income, and meaningful future upside.

Listing Details

MLS #

X14104950

Board

PROPTX

Market

ontario

Property Type

Commercial/Retail

Style

Multi-Use

Garage

Outside/Surface

Basement

Y

Heating

Gas Forced Air Closd

Cooling

Part

Annual Taxes

$11,553/yr

Listed By

Corcoran Horizon Realty

Listed On

October 21, 2026