70 King Street E Hamilton, Ontario L8N 1A6
22355 sqft
Multi-Unit, Other
Central Air Conditioning
Baseboard Heaters, Forced Air
$5,990,000
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. This building had previously been considered for CMHC financing, please call for details and our marketing package! (id:34868)
Business
| Business Type | Other |
Property Details
| MLS® Number | H4150059 |
| Property Type | Multi-family |
| Equipment Type | Other |
| Features | No Driveway |
| Rental Equipment Type | Other |
Building
| Architectural Style | Multi-unit, Other |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Construction Style Split Level | Other |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Other |
| Fire Protection | Unknown |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Stories Total | 5 |
| Size Exterior | 22355 Sqft |
| Size Interior | 22355 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| 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 |
https://www.realtor.ca/real-estate/25023718/70-king-street-e-hamilton
Interested?
Contact us for more information
Rick Pritchard
Broker
Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
519-381-3499
Janelle Pritchard
Sales Representative -
Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
519-381-3499
Denise Mann
Sales Representative -
https://onesmartmove.ca
Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
519-381-3499
Phillip Hallman
Broker -
https://onesmartmove.ca/
Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
519-381-3499
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December 15 2022 12:46:26
REALTORS® Association of Hamilton-Burlington
Exp Realty