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2342 King Street E
Glenview Hamilton L8K 1X7

$1,300,000 /For Sale
Commercial

Main Photo: 2342 King Street E in Hamilton: Glenview Commercial for sale : MLS®# X11996786
Photo 1: 2342 King Street E in Hamilton: Glenview Commercial for sale : MLS®# X11996786
Photo 2: 2342 King Street E in Hamilton: Glenview Commercial for sale : MLS®# X11996786
Photo 3: 2342 King Street E in Hamilton: Glenview Commercial for sale : MLS®# X11996786
Photo 4: 2342 King Street E in Hamilton: Glenview Commercial for sale : MLS®# X11996786
Photo 5: 2342 King Street E in Hamilton: Glenview Commercial for sale : MLS®# X11996786
Photo 6: 2342 King Street E in Hamilton: Glenview Commercial for sale : MLS®# X11996786
Photo 7: 2342 King Street E in Hamilton: Glenview Commercial for sale : MLS®# X11996786
Photo 8: 2342 King Street E in Hamilton: Glenview Commercial for sale : MLS®# X11996786
Photo 9: 2342 King Street E in Hamilton: Glenview Commercial for sale : MLS®# X11996786
Photo 10: 2342 King Street E in Hamilton: Glenview Commercial for sale : MLS®# X11996786
Photo 11: 2342 King Street E in Hamilton: Glenview Commercial for sale : MLS®# X11996786
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X11996786
Client RemarksPrime value-add opportunity! This 8-unit apartment building offers tremendous upside, with the potential to add a 9th unit for increased cash flow. With 3 vacant units, this property presents immediate potential to set market rents and optimize tenant mix. Each unit is separately metered for hydro, giving you flexibility to minimize expenses. The property features 8 outdoor parking spaces to enhance tenant convenience. With strategic upgrades and management, this property can be brought to its full potential in a high-demand rental market. A rare opportunity to create substantial value.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
6953 sq. ft. Square Feet
Total Area:
6,953.48 sq. ft.
Depth:
125'
Frontage:
47'
Bathrooms:
8.0
Water supply:
Municipal
Zoning:
H, E-2
Heating type:
Gas Hot Water
Garage:
None
Possession Details:
Flex
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$16,476 / 2024
Assessment:
$- / -
Hamilton
Glenview
Hamilton
1 Gas Hot Water Tank, 1 Washer, 1 Dryer
8 Fridges, 8 Stoves,
Tenant Belongings.
Utilities:
Available
Green Property Information Statement:
Yes
Air Conditioning:
Partial
Seller Property Info Statement:
No
Gross income:
$136,836
Expenses Actual/Estimated:
Estimated
Heating Expenses:
$6,007
Hydro Expenses:
$984
Insurance Expenses:
$6,448
Tax Expenses:
$16,476
Water Expenses:
$17,972
Year Expenses:
62578
Category:
Apartment
Date Listed:
Mar 03, 2025
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  • Photo 11: 2342 King Street E in Hamilton: Glenview Commercial for sale : MLS®# X11996786
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Listed by MYSAK REALTY INC.
Data was last updated March 3, 2025 at 08:15 PM (UTC)
ANDREW JOHN COCKS
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