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470 KING STREET W, Hamilton, Ontario, L8P 1B7

MLS® # X12382571
Commercial For Sale In Strathcona, Hamilton, Ontario
$1,899,000

4 Beds

7 Baths

470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
470 King Street W, Hamilton, ON
  • Advertising
470 KING STREET W, Hamilton, Ontario, L8P 1B7
$1,899,000

4 Beds

7 Baths

Property Information:

This exceptional mixed-use property is located on the future LRT, offers both commercial and residential opportunities in a prime downtown location. Situated at the corner of King and Locke, the building includes a ground-floor commercial space currently home to Hamilton's renowned steakhouse, Victorias, as well as four spacious residential units above with separate meters. The main-level commercial space features a spacious dining area, private dining room, bar area, a fully equipped kitchen, and four bathrooms. Its central location ensures high visibility and significant foot traffic. The residential units provide bright and airy living spaces, with kitchens boasting upgraded cabinetry and countertops in most, and renovated bathrooms (2018). The property's strategic location offers easy access to Hamilton's vibrant downtown, public transit, and major highways. Residents will enjoy proximity to local parks, schools, shopping, and dining, while business owners will benefit from the thriving community and ongoing urban development. Additional amenities include parking for both commercial and residential tenants, a well-maintained exterior, and secure entry. Whether you are looking to expand your real estate portfolio or invest in a property with diverse income potential, 470 King St W presents a rare and valuable opportunity. Appraised for $2,500,000 in October 2023 (id:27)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix
  • Amenities: Separate Hydro Meters
  • Basement Development: Partially finished, Unfinished
  • Basement Type: N/A, N/A
  • Exterior Finish: Brick
  • Fire Protection: Smoke Detectors
  • Foundation Type: Block, Poured Concrete, Unknown
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Retail
  • Bedrooms: 4
  • Bathrooms: 7
  • Half Bathrooms: 3
  • Irregular: Yes
  • Lot Depth: 93.7 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: 66 x 93.67 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 5

Courtesy of: SKYBOUND REALTY

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 470 KING STREET W, Hamilton, Ontario, L8P 1B7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 470 KING STREET W , experiences 7 hot days per year at around 32 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.5 degrees Celsius.

Projected Avg. Temperature

Past
32℃
2050
35.5℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

59/100

Moderate

ClimateCheck®

Current data

This property, 470 KING STREET W , experiences 11 significant 2-day storms per year, with about 309.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 384.1mm of precipitation per year.

Precipitation Per Storm

Past
309.1mm
2050
384.1mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 470 KING STREET W, Hamilton, Ontario, L8P 1B7

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$100,840.52

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.27 %

High school certificate or equivalent

30.46 %

Apprenticeship trade certificate/diploma

4.64 %

College/non-university certificate

19.71 %

University certificate (below bachelor)

0.47 %

University Degree

29.45 %

Commuter

Travel To Work

By Car

61.41 %

By Public Transit

16.07 %

By Walking

16.14 %

By Bicycle

3.88 %

By Other Methods

2.5 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

51.03 %

Houses

48.97 %

Own Vs. Rent

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