$799,000
Est. payment $3,538/moCalculate yours
1408 King Street E, Hamilton, ON L8M 1H8
Delta, Hamilton, ON L8M 1H8
- 4 + 1 Beds
- 3 Baths
- 2 Garage
- 2,000 Sq Ft
Listing courtesy of PROPERTY XCHANGE REALTY POINT MLS® X13506188
About this home
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. 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.
Property details
Overview
- Property Type
- Duplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 2,000 sqft
Interior
- Bedrooms
- 4 + 1
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Apartment
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 75.25 x 137.42 Feet
- Parking
- Attached garage · 6 total
Financial
- Property Taxes
- $7,000 (2025)
Location
- Neighbourhood
- Delta
- Cross Street
- Main St E & Ottawa St S
- Direction Faces
- South
Listing
- MLS® Number
- X13506188
- Days on Market
- 111
- Listed On
- 2026-06-29
- Possession
- TBD
- Listed By
- PROPERTY XCHANGE REALTY POINT
Features
Interior
- Carpet Free
Pool
- None
- Included
- all elf's. 3 fridges. hot water tank owned.
Mortgage calculator
Estimated mortgage payment
$3,538 per month
- Principal and interest
- $3,538
- Property tax
- $583
- Condo fees
- $0
- Estimated monthly cost
- $4,121
Your mortgage
- Mortgage amount
- $639,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $422,140
Cash to close
- Down payment
- $159,800
- Land transfer tax
- $12,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $172,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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