70 King Street E, Hamilton, Ontario, L8N1A6 Hamilton ON CA
Property Details
Bedrooms
3
Bathrooms
3
Neighborhood
Beasley
Basement
Full (Unfinished)
Property Type
Multi-family
Description
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:1937) Find out more about this property. Request details here
Location
Address
70 King Street East, Hamilton, Ontario L8N 1A6, Canada
City
Hamilton
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