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540 E King St

Hamilton, ON L8N 1E2
  • $8,400,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: X6788740
UPDATED: 73 min ago
$8,400,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

36 units. 6.5% Cap rate approx.., with full expenses including Mang. Maint. Vacancy. R&M. Fully renovated 3 years ago with top quality finishes and heat pumps. Upside on rent roll. 24 x 1 Bed, 12 x 2 Bed. Tenants pay their own hydro, water. Gross income approx. $720,960.

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Listing information © 2023 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Mana Real Estate | Royal Canadian Realty. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2023-09-25T18:43:14.273.
www.manarealty.ca/homes/143085758
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540 E King St Hamilton, ON L8N 1E2

  • Price: $8,400,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 73 min ago
  • MLS #: X6788740
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
Landsdale
County:
Ontario
Area:
Hamilton
Property Description
36 units. 6.5% Cap rate approx.., with full expenses including Mang. Maint. Vacancy. R&M. Fully renovated 3 years ago with top quality finishes and heat pumps. Upside on rent roll. 24 x 1 Bed, 12 x 2 Bed. Tenants pay their own hydro, water. Gross income approx. $720,960.
Exterior Features

Freestanding Yes Garage Type None Lot Depth 128.42 Lot Front 120.00 Lot Size Code Feet

Interior Features

Air Conditioning Y Heat Type Elec Forced Air Total Area 0.00 Total Area Code Sq Ft

Property Features

Category Apartment Commercial Type Investment Cross Streets Tisdale St. S. & King St. E. Expenses Actual Or Estimated Est Gross Income Sales 720960 Hydro Expense 5133 Insurance Expense 18590 List Price Type For Sale Lot Code Lot Occupancy Tenant Sale Or Lease Sale Seller Property Info Statement No Tax Year 2022 Taxes 70037.00 Taxes Expense 70037 Taxes Type Annual Use Apts-Over 20 Units Utilities Y Water Municipal Water Expense 3182 Year Expenses 2022 Zoning Toc1

Listing courtesy of Mysak Realty Inc..
Listing information © 2023 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Mana Real Estate | Royal Canadian Realty. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2023-09-25T18:43:14.273.
 
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