Welcome to 428 King Street West. A prime mixed-use investment opportunity in Hamilton's thriving Strathcona neighbourhood! Positioned on a prominent corner at King Street West and Pearl Street North, this exceptional property presents an exciting opportunity to invest in one of Hamilton's most sought-after and evolving urban neighbourhoods. Situated along the approved Hamilton LRT corridor, this high-visibility location combines immediate income potential with promising long-term growth and investment appeal. Offering approximately 3,290 sq. ft. of versatile space, the building features an impressive 1,728 sq. ft. ground-floor commercial unit, complete with expansive display windows, excellent street exposure, and a commanding corner presence. The second floor offers four residential rental accommodations, conveniently accessed through a separate entrance on Pearl Street North. These include a self-contained one-bedroom apartment and three individually rented rooms with a shared kitchen and bathroom. This income-generating property offers investors the advantage of established rental revenue from day one. Its Transit Oriented Corridor (TOC) zoning further enhances its appeal, accommodating a broad range of potential commercial uses, including medical, retail, and professional offices. The location is equally impressive. Just minutes from Highway 403, steps from public transit, and within walking distance of the vibrant shops, restaurants, and amenities of Locke Street and Hamilton's West End, the property offers exceptional accessibility and convenience for commercial and residential tenants alike. A rare opportunity to secure a prominent, mixed-use property in a high-profile location poised to benefit from Hamilton's continued growth and revitalization. Whether expanding an investment portfolio or seeking a strategically positioned income property, 428 King Street West delivers an outstanding combination of location, versatility, and long-term potential.
Address
428 King Street W
List Price
$799,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Hamilton
Sub-Area
Strathcona
Lot Depth
54
Lot Type
Lot
Lot Size Units
Feet
Lot Width
34.5
Parcel Number
171450064
Total Building Area
3290
Occupant Type
Tenant
Cross Street
King Street West and Pearl Street
MLS® Number
X14014218
Listing Brokerage
ROYAL LEPAGE REAL ESTATE ASSOCIATES
Basement
Yes
Postal Code
L8P 1B7
Posession Details
FLEXIBLE
Tax Amount
$9,829.25
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Partial
Garage Type
None
Security Features
No
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