The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
An exceptional opportunity to acquire a fully tenanted mixed-use investment property in the heart of downtown Hamilton's rapidly revitalizing International Village. This classic, low-maintenance building features a leased street-front commercial retail unit and two leased residential apartments above, providing three established income streams, immediate cash flow, and long-term investment stability.The recently renovated commercial space offers soaring ceilings, exposed brick, abundant natural light, and an open-concept layout with exceptional visibility along the bustling King Street East corridor. The two upper residential apartments feature bright open-concept living areas with large windows, kitchens complete with stainless steel appliances, and access to shared on-site laundry. The building's common areas have been renovated, and one apartment has been fully renovated, enhancing tenant appeal and long-term value.Ideally positioned in one of Hamilton's fastest-growing downtown neighbourhoods, the property benefits from excellent transit access, major bus routes, dedicated bike lanes, and is within walking distance of restaurants, cafés, shopping, parks, City Hall, and the Hamilton Central Business District. Surrounded by ongoing residential and commercial development, this turnkey asset is well positioned for continued appreciation.Whether you're expanding an established portfolio or seeking a stable, income-producing investment, 183 King Street East offers diversified revenue, quality updates throughout, and outstanding long-term growth potential.
Demographic data is not available for this area yet.
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Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,930/mo
Mortgage (principal + interest)$3,139
Property taxFrom listing: $9,500/yr$792
Minimum $58,900 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$167,800
Ontario land transfer taxProvincial brackets, no first-time refund$13,255
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$183,855
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hamilton has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
