$839,000
For sale: Other

An exceptional opportunity to acquire a fully tenanted mixed-use investment property in the heart of downtown Hamilton's rapidly revitalizing International Village. This classic, low-maintenance building features a leased street-front commercial retail unit and two leased residential apartments above, providing three established income streams, immediate cash flow, and long-term investment stability.The recently renovated commercial space offers soaring ceilings, exposed brick, abundant natural light, and an open-concept layout with exceptional visibility along the bustling King Street East corridor. The two upper residential apartments feature bright open-concept living areas with large windows, kitchens complete with stainless steel appliances, and access to shared on-site laundry. The building's common areas have been renovated, and one apartment has been fully renovated, enhancing tenant appeal and long-term value.Ideally positioned in one of Hamilton's fastest-growing downtown neighbourhoods, the property benefits from excellent transit access, major bus routes, dedicated bike lanes, and is within walking distance of restaurants, cafés, shopping, parks, City Hall, and the Hamilton Central Business District. Surrounded by ongoing residential and commercial development, this turnkey asset is well positioned for continued appreciation.Whether you're expanding an established portfolio or seeking a stable, income-producing investment, 183 King Street East offers diversified revenue, quality updates throughout, and outstanding long-term growth potential.
Sold data
Homes in Hamilton (Beasley) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 56, across 1,265 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.
The median sale price was $685,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 1,265 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Beasley) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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