1408 King Street East

Impressive mixed-use investment opportunity situated on a generous 75.25 ft x 137.42 ft lot in a high-exposure King Street East location. This income-producing property offers a rare combination of commercial and residential revenue streams, making it an excellent addition to any investment portfolio. The property features a commercial unit on the main level generating $2,500/month, a spacious upper residential apartment currently rented for $2,000/month, and a basement unit with potential to generate $2,000/month (buyer to verify). With multiple tenancies in place, investors can benefit from immediate cash flow and long-term appreciation potential.Strategically located in Hamilton's growing east-end corridor, this property enjoys excellent visibility, steady pedestrian and vehicular traffic, and convenient access to transit, major roadways, shopping, and neighbourhood amenities. The expansive lot offers added value and future potential, subject to municipal approvals. Whether you're an investor seeking stable income or an owner-operator looking for a property with built-in rental support, this versatile mixed-use asset presents an outstanding opportunity in a thriving market.

A snapshot of this home’s immediate area — the census dissemination area it sits in.

Median household income

$66,500

Homeowners

41%

Households with kids

61%

Median age

38

Avg. household size

2.1

University degree

25%

Newcomers (immigrants)

18%

StatCan 2021 Census · this home’s dissemination area (DA 35250734). Values are randomly rounded by Statistics Canada for privacy.