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70 King Street E Hamilton, Ontario L8N 1A6

22355 sqft sq feet
Air Conditioned Forced Air

$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:8119)

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

https://www.realtor.ca/real-estate/25021201/70-king-street-e-hamilton

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