Investment opportunity in Hamilton’s Beasley neighbourhood
Published June 5, 2024 at 4:23 pm
A mixed-use building on the market in Hamilton’s Beasley neighbourhood with a retail outlet on the ground floor and two residential units upstairs could be an inexpensive way to expand an investment portfolio.
The property at 195 King St. W in the heart of Hamilton’s International Village could also be an ideal way to kickstart a new portfolio and essentially live for free by moving into one of the units and renting out the other, as well as the retail unit downstairs.
The retail component carries a desirable D2 zoning and the two residential units have $100,000 in recent upgrades, making the $1.1 million price within reach of a wide range of investors.
Taxes for the property are approximately $5,990 per year.
For more information contact Sam McDadi at (905) 502-1500 or Gabriela Gonzalez at (647) 809-0617 at Sam McDadi Real Estate Inc.
