Strathcona · L8P 1B7
$799,000
$243 / sq ft3 months on market
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Welcome to 428 King Street West! An exceptional mixed-use investment opportunity in the heart of West Hamilton's Strathcona neighbourhood. Ideally positioned at the corner of King Street West and Pearl Street North, along the future Hamilton LRT corridor, this property offers strong income, long-term growth potential, and outstanding street visibility. The approximately 3,290 sq. ft. building features 1,728 sq. ft. of ground-floor commercial space with large display windows and excellent exposure, plus four residential units on the second floor with a separate entrance off Pearl Street North. The upper level includes one self-contained one-bedroom apartment and three individual rooms sharing a kitchen and bathroom. All units, including the commercial space, are currently rented, generating consistent monthly cash flow. Zoned Transit Oriented Corridor (TOC), the property allows a wide range of uses, including medical, retail, and office. With quick access to Highway 403, public transit, and within walking distance of Locke Street and West End amenities, this is a turnkey investment in one of Hamilton's most desirable growth areas.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 60% of comparable retail listings in Hamilton are asking less.
Based on 95 comparable active retail listings in Hamilton. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $799,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Royal LePage Real Estate Associates. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.