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$879,000Asking Price

1548 King Street E, Hamilton, ON L8K 1S9

Delta, Hamilton

Store with Apartment
3
Bedrooms
2
Baths
2
Parking
Days on Market

Exceptional investment opportunity with this fully leased live/work property in a prime high-traffic area of east-end Hamilton. This freestanding high-visibility corner building features approximately 1,400 sq. ft. of commercial space on the main floor with 11ft high ceilings and an additional 1,400 sq. ft. second-floor residential apartment and a basement. Zoned C2, the property supports a wide range of commercial uses including office/retail/business uses. The main-floor retail tenant pays $2,700/month with 2 years remaining on a 5-year lease, while the upper-level 3-bedroom, 1-bath apartment has been leased for 3 years at $2,175.25/month. The basement and second garage are currently being used by the Owner and not part of the leased units. Total monthly income of $4,775 generates $57,300 annually, with Upper Level tenant willing to stay. Attached garage with storeage/loading dock access loading zone.Excellent exposure, public transit at the doorstep, ample street parking, and quick access to the Red Hill Valley Parkway and QEW make this a strong, turnkey income-producing asset.

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Exceptional investment opportunity with this fully leased live/work property in a prime high-traffic area of east-end Hamilton. This freestanding high-visibility corner building features approximately 1,400 sq. ft. of commercial space on the main floor with 11ft high ceilings and an additional 1,400 sq. ft. second-floor residential apartment and a basement. Zoned C2, the property supports a wide range of commercial uses including office/retail/business uses. The main-floor retail tenant pays $2,700/month with 2 years remaining on a 5-year lease, while the upper-level 3-bedroom, 1-bath apartment has been leased for 3 years at $2,175.25/month. The basement and second garage are currently being used by the Owner and not part of the leased units. Total monthly income of $4,775 generates $57,300 annually, with Upper Level tenant willing to stay. Attached garage with storeage/loading dock access loading zone.Excellent exposure, public transit at the doorstep, ample street parking, and quick access to the Red Hill Valley Parkway and QEW make this a strong, turnkey income-producing asset.

  OPEN HOUSE

Key Info

  • 2-Storey Store with Apartment
  • 2 Parking
  • Built-In Garage
  • King St E / Ottawa St E
  • 2500-3000 Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $11,075 in 2025
  • Possession: Flexible

Details

  • Brick Exterior
  • No Fireplace
  • 2 + 1 Kitchens
  •  
  • MLS #X12789996
  • RE/MAX REAL ESTATE CENTRE INC.

Extras

Room Floor Dimensions Details
1 Office Main 10.10' x 25.89'
2 Other Main 11.71' x 25.89'
Washroom1 2-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom
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Schools
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Public Catholic French
Primary
Middle
Secondary
Primary
Middle
Secondary
French Immersion Public
Commute

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56
This property has a poor transit score.
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Amenities
68
This property has an average walk score.
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0 Dog Parks
0 Daycares
2 Groceries No Frills, Metro
4 Coffee Spots Country Style, Tim Hortons, McCafé
38 Restaurant/Bars Wagon Grill, Buddy's, Cafe Baffico
15 Park/Rec/Gyms Rosedale Tennis Club, 31st Hamilton Scout Troop, Hamilton Ballers
2 Hospitals Dinardo Denture & Implant Centre, Hamilton Health Sciences
2 Libraries Hamilton Public Library, Schmidt's Desktop Publ Serv
27 Places of Worship Our Lady of the Assumption, Saint John The Baptist Roman Catholic Church, Delta United Church
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Who lives here?

Delta, Hamilton is a west GTA neighbourhood notable for its business and education, law & public sector professionals, salespeople and tradespeople. Residents tend to be older with a significant number of babies, adults aged 30 to 64 and seniors aged 65 to 69.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

45% of residents are
single and loving it.

45% singles

Hamilton (46%)

Renters

19% of residents
are renters.

19% renters

Hamilton (32%)

Education

27% of residents are
university grads.

27% university grads

Hamilton (28%)

Income

Average Household Income

$105K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions
Sales 15%
Business 11%
Trades 10%
Government 10%
Management 5%

Immigrants

12% of residents were
born outside of Canada.

12% immigrants

Hamilton (25%)

Birthplace - All

UK was once home to 2.2% of immigrants.
Italy 1.3%
India 0.7%
Pakistan 0.7%
Poland 0.6%

2.2% from UK
All-time

Birthplace - Recent

UK was once home to 0.1% of immigrants.

0.1% from UK
Recent

Foreign Languages

Foreign Languages
French 1%
Italian 1%
Spanish 1%
Polish 1%
Serbian 1%

Religions

Religions
Christian 66%
Buddhist 1%