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For saleMLS® X13506188

1408 King Street E, Hamilton, ON L8M 1H8

Delta · L8M 1H8

$799,000

$400 / sq ft

4 months on market

Bedrooms
4+1
Bathrooms
3
Interior
2,000 sf
Parking
6
Lot
75.25 × 137.42 ft

What's special

  • Attached garage
  • Central air
  • Basement apartment
  • Fireplace
  • Carpet free

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About this property

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.

Features

  • Carpet Free

Property details

Property

Property type
multiplex
Bedrooms
4 + 1
Bathrooms
3
Interior size
2,000 sq ft
Lot size
75.25 × 137.42 ft
Possession
TBD

Interior

Basement
Apartment
Heating
Forced Air · Gas
Cooling
Central Air
Fireplaces
1
Exposure
South

Exterior & services

Construction
Brick
Garage
Attached
Parking spaces
6
Sewer
Sewer

Costs

List price
$799,000
Property taxes
$7,000 / year (2025)
Price per sq ft
$400

Listing

MLS® number
X13506188
Status
For sale
Listed
June 30, 2026
Days on market
127
Last updated
July 9, 2026
Listing brokerage
PROPERTY XCHANGE REALTY POINT

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 46% of comparable multiplex listings in Hamilton are asking less.

$544KMedian $799K$1.66M
This home
$400 / sq ft
Comparable median
$400 / sq ft

Based on 80 comparable active multiplex listings in Hamilton. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.9% · minimum $54,900
$54,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,114.26
Property tax (est.)
$583.33
Estimated monthly
$4,698

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$12,455
Total due on closing
$12,455

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 PROPERTY XCHANGE REALTY POINT. 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.

$799,000

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