24238-242 King Street E
Beasley, Hamilton, ON
- 1 parking spaces
- 6,945 square feet
Listed by Right at Home Realty
$1,149,000
Landsdale, Hamilton, ON L8L 5N3
$1,489,000
MLS® 40872439

Significantly renovated mixed-use investment property on Hamilton's future LRT corridor! Offering 5,544 sq. ft. above grade, this exceptionally well-maintained, two-storey building underwent an extensive, near-total renovation in 2019–2020 and features three 1-bedroom residential apartments and three ground-floor retail storefronts, two of which are currently combined into one commercial unit. A full, usable basement provides substantial additional storage, while a rear fire escape adds further functionality. Offered at an attractive 6.2% cap rate, reflecting the significant capital investment already undertaken, this is an opportunity to acquire a substantially improved asset with diversified residential and commercial income. Situated on King Street East, directly along the planned Hamilton LRT route, the property is exceptionally well positioned to benefit from future transit investment, neighbourhood revitalization, and long-term growth. An appealing opportunity for investors seeking quality construction, current income, and meaningful future upside.
571-575 King Street E, Landsdale, Hamilton, ON, L8L 5N3
Listing courtesy of Corcoran Horizon Realty. MLS® 40872439. Data provided by Information Technology Systems Ontario (ITSO), last updated October 22, 2026. Information deemed reliable but not guaranteed.
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