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$989,000Asking Price

807-809 King St E

Gibson, Hamilton

Other
3
Bedrooms
5
Baths
3
Parking
Days on Market

GRAB HOLD OF A STELLAR OPPORTUNITY TO OWN A VALUE-PACKED TURNKEY INCOME-GENERATING PROPERTY! 807-809 KING STREET IS A MIXED-USE BUILDING WITH 1 RETAIL UNIT + 3 RESIDENTIAL UNITS!2 RESIDENTIAL UNITS ARE ONE-BEDROOM APARTMENTS AND THE THIRD UNIT IS A LOFT APARTMENT. ALL UNITS ARE FULLY EQUIPPED, RETAIL AND RESIDENTIAL UNITS ARE RENTED TO AAA CLIENTS. THE RETAIL UNIT IS A 1750 SQ FT AND WITH A FULL BASEMENT R. IT IS A VERY WELL-MAINTAINED BUILDING. PARKING CAN BE AT THE REAR OF THE BUILDING. TENANT PAYS THEIR HYDRO. SELLER PAYS GAS, TAXES, AND INSURANCE. POSSIBILITY TO STAY IN ONE UNIT WHILE RUN YOUR OWN BUSINESS. THE RETAIL STORE HAS ITS KITCHENETTE, FROM WHERE YOU CAN WALK OUT TO THE BACKYARD, AND HAS 2, 2 PIECE WASHROOMS, ONE WASHROOM HAS WHEELCHAIR ACCESS, DON'T MISS THIS OPPORTUNITY, IT WON'T LAST LONG. TENANTS ARE WILLING TO STAY, VACANT POSSESSION IS AVAILABLE. THE PROPERTY IS A FEW STEPS FROM THE PROPOSED LRT STOP, BEING ON KING ST IT IS COMMUTER'S PARADISE. VERY CLOSE TO MOSQUE. **EXTRAS** THIS KIND OF PROPERTY IS SURELY NOT TO BE MISSED, WAITING FOR END USERS OR SAVVY INVESTORS TO BRING THEIR IDEAS AND EXPLORE THIS PROPERTY'S HUGE POTENTIAL IS THE RIGHT TIME TO ADD ANOTHER MONEY-MAKING PROPERTY TO YOUR PORTFOLIO.

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GRAB HOLD OF A STELLAR OPPORTUNITY TO OWN A VALUE-PACKED TURNKEY INCOME-GENERATING PROPERTY! 807-809 KING STREET IS A MIXED-USE BUILDING WITH 1 RETAIL UNIT + 3 RESIDENTIAL UNITS!2 RESIDENTIAL UNITS ARE ONE-BEDROOM APARTMENTS AND THE THIRD UNIT IS A LOFT APARTMENT. ALL UNITS ARE FULLY EQUIPPED, RETAIL AND RESIDENTIAL UNITS ARE RENTED TO AAA CLIENTS. THE RETAIL UNIT IS A 1750 SQ FT AND WITH A FULL BASEMENT R. IT IS A VERY WELL-MAINTAINED BUILDING. PARKING CAN BE AT THE REAR OF THE BUILDING. TENANT PAYS THEIR HYDRO. SELLER PAYS GAS, TAXES, AND INSURANCE. POSSIBILITY TO STAY IN ONE UNIT WHILE RUN YOUR OWN BUSINESS. THE RETAIL STORE HAS ITS KITCHENETTE, FROM WHERE YOU CAN WALK OUT TO THE BACKYARD, AND HAS 2, 2 PIECE WASHROOMS, ONE WASHROOM HAS WHEELCHAIR ACCESS, DON'T MISS THIS OPPORTUNITY, IT WON'T LAST LONG. TENANTS ARE WILLING TO STAY, VACANT POSSESSION IS AVAILABLE. THE PROPERTY IS A FEW STEPS FROM THE PROPOSED LRT STOP, BEING ON KING ST IT IS COMMUTER'S PARADISE. VERY CLOSE TO MOSQUE. **EXTRAS** THIS KIND OF PROPERTY IS SURELY NOT TO BE MISSED, WAITING FOR END USERS OR SAVVY INVESTORS TO BRING THEIR IDEAS AND EXPLORE THIS PROPERTY'S HUGE POTENTIAL IS THE RIGHT TIME TO ADD ANOTHER MONEY-MAKING PROPERTY TO YOUR PORTFOLIO.

  OPEN HOUSE

Key Info

  • 3-Storey Other
  • 3 Parking
  • No Garage
  • KING ST E & FAIRLEIGH AVE N
  • Forced Air Gas Heating
  • Central Air

Property

  • Taxes were $5,770 in 2024
  • Possession: TBD

Details

  • Brick Front Exterior
  • No Fireplace
  • 3 + 1 Kitchens
  •  
  • MLS #X11918900
  • HOMELIFE/MIRACLE REALTY LTD

Extras

Room Floor Dimensions Details
1 Office Flat 11.68' x 14.80' Combined W/Rec, Hardwood Floor
2 Kitchen Flat 14.30' x 10.63' Combined W/Laundry, O/Looks Backyard, Walkout To Yard
3 Living Room 2nd 14.96' x 11.25' Combined W/Dining, Combined W/Kitchen, Hardwood Floor
4 Bedroom 2nd 12.53' x 10.53' Hardwood Floor, Window, Closet
5 Kitchen 2nd 10.89' x 9.65' Combined W/Dining
6 Living Room 2nd 11.91' x 23.43' Combined W/Kitchen, Window, Walkout To Sundeck
7 2nd Bedroom 2nd 10.70' x 10.86' Hardwood Floor, Window
8 Kitchen 2nd 11.61' x 12.17' Combined W/Dining, Hardwood Floor
9 Loft 3rd 24.41' x 26.25' Combined W/Living, Hardwood Floor
10 Kitchen 3rd 11.61' x 12.17' Hardwood Floor
Washroom1 2-Piece Bathroom in Flat
Washroom1 2-Piece Bathroom in Flat
Washroom1 3-Piece Bathroom on 2nd Floor
Washroom1 3-Piece Bathroom on 2nd Floor
Washroom1 3-Piece Bathroom on 2nd Floor
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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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60
This property has an average transit score.
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Amenities
93
This property has a high walk score.
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0 Dog Parks
0 Daycares
7 Groceries J & M Discount, St.Clair Farmer's Market, Cars-X Auto Zone
10 Coffee Spots Country Style, Tim Hortons, Rooney's
80 Restaurant/Bars The Kitchen Collective, The Limin' Coconut, Giuseppe's Italian Cuisine & Pizza
27 Park/Rec/Gyms Cornell Performance Academy, King Sherman Sauna, Hardcore Training Studio
7 Hospitals Atosha, De Desy. Huth Center, Mr Edwin
3 Libraries Cannon St. Little Free Library, Hamilton Public Library, Forjoan Little Free Library Charter
73 Places of Worship Saint Peter's Lutheran Church, Nanping Institute Of Tian Tao Spiritual Cultivation Canada, Ibrahim Jame Mosque
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Who lives here?

Gibson, Hamilton is a west GTA neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 20 to 24 and adults aged 25 to 44.

Families

Kids Per Family

1.5

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

62% of residents are
single and loving it.

62% singles

Hamilton (46%)

Renters

65% of residents
are renters.

65% renters

Hamilton (32%)

Education

15% of residents are
university grads.

15% university grads

Hamilton (28%)

Income

Average Household Income

$56K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions
Sales 16%
Trades 8%
Business 5%
Manufacturing 4%
Government 4%

Immigrants

27% of residents were
born outside of Canada.

27% immigrants

Hamilton (25%)

Birthplace - All

Syria was once home to 2.3% of immigrants.
Caribbean 2.0%
Portugal 1.5%
Vietnam 1.4%
Philippines 1.4%

2.3% from Syria
All-time

Birthplace - Recent

Somalia was once home to 0.7% of immigrants.
Syria 0.7%
Other Eastern Africa 0.3%
Vietnam 0.3%
Eritrea 0.3%

0.7% from Somalia
Recent

Foreign Languages

Foreign Languages
Arabic 3%
Vietnamese 3%
Spanish 2%
French 2%
Somali 2%

Religions

Religions
Christian 55%
Muslim 4%
Buddhist 2%
Hindu 1%