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$14,000,000
Available - For Sale
Listing ID: X11962820
196 King St West , Hamilton, L8P 1A5, Ontario
Best Core Downtown Hamilton Development Opportunity for an experienced developer/builder to acquire a premium site in redeveloping downtown Hamilton. Zoned up to 30-storey building, set to be a landmark in the city's evolving skyline. Mixed use commercial building at the corner of King and Bay. Potential for renovation or redevelopment. D2 zoning (Downtown Prime Retail) allows many uses. The whole assembly contains multiple addresses including 176, 178,158, 170, 174, King Street West. Part of a larger assembly of almost 1 acre of land. Income producing property and stable ROI, with promising future growth. Offering Memorandum available upon request.
Price $14,000,000
Taxes: $31,369.66
Tax Type: Annual
Occupancy by: Tenant
Address: 196 King St West , Hamilton, L8P 1A5, Ontario
Postal Code: L8P 1A5
Province/State: Ontario
Legal Description: LT 2 A.N. MACNAB SURVEY CITY OF HAMILTON
Lot Size: 148.49 x 132.1 (Feet)
Directions/Cross Streets: King and Bay
Zoning: Commercial D2
Category: Retail
Use: Retail Store Related
Building Percentage: N
Total Area: 19,676.41
Total Area Code:  Sq Ft
Retail Area: 4000
Retail Area Code: Sq Ft
Financial Statement: N
Chattels: N
Franchise: N
LLBO: N
Year Expenses: 2024
Expenses Actual/Estimated: $Est
Sprinklers: N
Rail: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: N
Elevator Lift: None
Sewers: Sanitary
Water: Municipal
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Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ORION REALTY CORPORATION

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