70 King Street E Home For Sale Hamilton, Ontario L8N 1A6
H4149974
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$6,299,000
One of the most prestigious heritage properties in the city could finally be yours! 66 & 68 King Street East is a towering pair of mixed-use heritage properties in the core of city fronting onto the pedestrian only Gore Park. 68 King Street East, also known as Victoria Hall, designated a national historic site because it is of national historic and architectural significance. It is a superior and rare example of a commercial building with a decorative, architectonic, sheet-metal façade, which is completely hand- rather than machine-made. This 22,000 SF building hosts two ground floor commercial units that are currently home to a local, vibrant cafe and reputable province wide food franchise. The upper floors currently contain seven oversized apartments of 3, 4 and 5 bedrooms. Combined the apartments have over 30 bedrooms leading to the current Co-Living business model where rooms are rented instead of apartments. This business model has a tremendous positive impact on cashflow resulting in approximately $450K in gross revenue. (id:35167)
Property Details
| MLS® Number | H4149974 |
| Property Type | Other |
Building
| Cooling Type | Air Conditioned |
| Fire Protection | Fire Alarm System |
| Heating Type | Forced Air |
| Size Exterior | 22355 Sqft |
| Size Interior | 22355 Sqft |
| Utility Water | Municipal Water, Unknown |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer, Storm Sewer |
| Size Depth | 137 Ft |
| Size Frontage | 41 Ft |
| Size Irregular | 41.6 X 137.48 |
| Size Total Text | 41.6 X 137.48|under 1/2 Acre |
| Zoning Description | D2 |
6 public & 3 Catholic schools serve this home. Of these, 8 have catchments. There are 2 private schools nearby.
3 playgrounds, 2 splash pads and 2 other facilities are within a 20 min walk of this home.
Street transit stop less than a 1 min walk away. Rail transit stop less than 1 km away.
https://www.realtor.ca/real-estate/25021201/70-king-street-e-hamilton
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 31 2022 06:08:44
REALTORS® Association of Hamilton-Burlington
Ambitious Realty Advisors Inc.
