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627 King Street E, Hamilton, Ontario – $499,900

  • $500k Price
  • 1,890 Sqft
  • $500k Price
  • 1,890 Sqft

627 King Street E

Attention restauranteurs and investors! Great opportunity to operate your restaurant and generate income from renovated upper residential unit. Mixed use property with transferrable LCBO license! Main floor vacant and ready for your business. If main floor rented, projected rent with new tenant will be $2300 or more plus all utilities. If main floor rented almost zero landlord utility expenses. Upper unit residential tenant on lease until July 1st 2019 rent is $1400 plus hydro and gas. Located steps to future LRT station at Wentworth and King (South east corner: carwash and corner properties purchased by City for LRT station).$80k+ spent on upgrades on main floor unit. Many upgrades throughout including: Kitchens, bathrooms, flooring, separate hydro, gas, water meters for each unit. Updated electrical. Upstairs unit: 945 sq ft. 2 bedroom apartment with in-suite laundry, private sun deck. 6 parking spots available at rear and side. Many additional grants available through the city! Don't miss this great opportunity! (id:6289)

Essential Information

  • Listing #H4050121
  • Price$499,900
  • Bathrooms0.00
  • Square Footage1,890
  • TypeOther

Community Information

  • Address627 King Street E
  • CityHamilton
  • ProvinceOntario
  • Postal CodeL8N1E5


  • Parking Spaces6
  • ParkingSurfaced


  • HeatingForced air
  • CoolingAir Conditioned

Listing Details


Keller Williams Complete Realty

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