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For saleMLS® X13854734

232 King Street W, Hamilton, ON L8P 1A9

Central · L8P 1A9

$749,000

$441 / sq ft

1 months on market

Total area
1,700 sf
Lot
13 × 128 ft

What's special

  • Yes

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About this property

The Ultimate Hamilton Hustle: Historical Charm Meets High-Yield Cash Flow. Looking for a turn-key asset that practically pays for itself from day one? Welcome to King Street West. This legally zoned, separately metered mixed-use duplex is serving pure historical character wrapped in completely modernized infrastructure. Pulling in $5,360.00 in combined monthly rent ($3,260.00 Commercial / $2,100.00 Residential), this is the definition of a smart, self-sustaining investment. Whether you want to sit back and collect the checks, live in the gorgeous upper loft while your main floor tenant covers the mortgage, or launch your own brick-and-mortar dream-the vibe here is unmatched. Ideally positioned next to Hess Village, upcoming McMaster student housing, and steps from Jackson Square and FirstOntario Centre with a fast two-minute drive to the 403. Completely renovated top-to-bottom, the building features a new roof, HVAC, skylight, eavestroughs, and an owned hot water tank. The main floor commercial space showcases soaring 12-foot tin ceilings, repointed exposed brick, new windows, electronic storefront locks, iron gating, and a rear bonus room with independent King Street access. Upstairs, a massive two-storey, one-bedroom residential loft easily convertible to two bedrooms boasts 10-foot ceilings, a spacious living area, a quartz kitchen, a private fenced patio, and secure parking via the rear alley. History, style, and serious revenue in one unbeatable package. Separately metered legal duplex. Note that the buyer is to verify HST allocation, and the commercial portion is in addition to the purchase price.

Property details

Property

Property type
retail
Interior size
1,700 sq ft
Lot size
13 × 128 ft
Zoning
D2
Possession
TBD

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Costs

List price
$749,000
Property taxes
$7,225 / year (2025)
Price per sq ft
$441
Rental items
Roger's home security equipment

Listing

MLS® number
X13854734
Status
For sale
Listed
October 2, 2026
Days on market
34
Last updated
October 2, 2026
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Price & sale history

This property's sale history is hidden

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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 40% of comparable retail listings in Central are asking less.

$333KMedian $899K$3.99M
This home
$441 / sq ft
Comparable median
$428 / sq ft

Based on 10 comparable active retail listings in Central. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.7% · minimum $49,900
$49,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,865.44
Property tax (est.)
$602.08
Estimated monthly
$4,468

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
$11,455
Total due on closing
$11,455

An estimate on the asking price of $749,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. 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.

$749,000

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