22355 sqft
Air Conditioned
Forced Air
$6,299,000
One of the most prestigious heritage properties in the city could finally be yours! 66 & 68 King Street East is a towering pair of mixed-use heritage properties in the core of city fronting onto the pedestrian only Gore Park. 68 King Street East, also known as Victoria Hall, designated a national historic site because it is of national historic and architectural significance. It is a superior and rare example of a commercial building with a decorative, architectonic, sheet-metal façade, which is completely hand- rather than machine-made. This 22,000 SF building hosts two ground floor commercial units that are currently home to a local, vibrant cafe and reputable province wide food franchise. The upper floors currently contain seven oversized apartments of 3, 4 and 5 bedrooms. Combined the apartments have over 30 bedrooms leading to the current Co-Living business model where rooms are rented instead of apartments. This business model has a tremendous positive impact on cashflow resulting in approximately $450K in gross revenue. (id:35167)
Property Details
MLS® Number
|
H4149974 |
Property Type
|
Other |
Building
Cooling Type
|
Air Conditioned |
Fire Protection
|
Fire Alarm System |
Heating Type
|
Forced Air |
Size Exterior
|
22355 Sqft |
Size Interior
|
22355 Sqft |
Utility Water
|
Municipal Water, Unknown |
Parking
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer, Storm Sewer |
Size Depth
|
137 Ft |
Size Frontage
|
41 Ft |
Size Irregular
|
41.6 X 137.48 |
Size Total Text
|
41.6 X 137.48|under 1/2 Acre |
Zoning Description
|
D2 |
https://www.realtor.ca/real-estate/25021201/70-king-street-e-hamilton