For sale 50$2,250,000
249 King Street East
Hamilton, Ontario L8N1B9
For sale· Added
About this home
Turnkey mixed-use investment opportunity in the heart of downtown Hamilton. Situated on a prominent corner at King St E and Ferguson Ave N, this fully tenanted asset offers a blend of stable residential income and high-exposure commercial frontage. The property features two ground-floor commercial units and six residential apartments (1- and 2-bedroom units). Fully leased at market rents with a favourable tenant structure, providing consistent cash flow from a diversified income base. Located in a high-traffic, rapidly evolving corridor with excellent walkability and transit access, this is an ideal opportunity for investors seeking a stable, long-term asset in a prime urban location.
Location
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Property details
Listing
- MLS® number
- 40818294
- Added
- Apr 17, 2026 ()
- Updated
- Oct 13, 2026 ()
- Info refreshed
Overview
- Property type
- Other
- Building type
- Residential Commercial Mix
- Storeys
- 3
- Ownership
- Freehold
Inside
- Fireplace
- No
- Features
- Southern exposure
Building
- Basement
- None
Land
- Frontage
- 60 ft
- Lot area
- 0.13 acres
- Zoning
- D2
Services
- Water
- Municipal water
- Sewer
- Municipal sewage system
Location
- Community
- Beasley
- Directions
- On the corner of King Street E and Ferguson Avenue N.
- Nearby
- High Traffic Area
Running costs
- Annual property tax
- $23,357
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