232 King Street W, Hamilton, ON L8P 1A9
Central, Hamilton · Near Caroline St N / King St W · View map
About this home
The Ultimate Hamilton Hustle: Historical Charm Meets High-Yield Cash Flow. Looking for a turn-key asset that practically pays for itself from day one? Welcome to King Street West. This legally zoned, separately metered mixed-use duplex is serving pure historical character wrapped in completely modernized infrastructure. Pulling in $5,360.00 in combined monthly rent ($3,260.00 Commercial / $2,100.00 Residential), this is the definition of a smart, self-sustaining investment. Whether you want to sit back and collect the checks, live in the gorgeous upper loft while your main floor tenant covers the mortgage, or launch your own brick-and-mortar dream-the vibe here is unmatched. Ideally positioned next to Hess Village, upcoming McMaster student housing, and steps from Jackson Square and FirstOntario Centre with a fast two-minute drive to the 403. Completely renovated top-to-bottom, the building features a new roof, HVAC, skylight, eavestroughs, and an owned hot water tank. The main floor commercial space showcases soaring 12-foot tin ceilings, repointed exposed brick, new windows, electronic storefront locks, iron gating, and a rear bonus room with independent King Street access. Upstairs, a massive two-storey, one-bedroom residential loft easily convertible to two bedrooms boasts 10-foot ceilings, a spacious living area, a quartz kitchen, a private fenced patio, and secure parking via the rear alley. History, style, and serious revenue in one unbeatable package. Separately metered legal duplex. Note that the buyer is to verify HST allocation, and the commercial portion is in addition to the purchase price.
The home
- Type
- Store w apt / office
- Square footage
- 1700 sq ft
- Lot size
- 13 x 128 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $7,225/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Caroline St N / King St W
- Neighbourhood
- Central
More
- MLS® number
- X13854734
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
232 King Street, Hamilton, ON L8P 1A9
Central, Hamilton · Near Caroline St N / King St W
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Listing history for 232 King Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 232 King Street W
Answers come straight from this home’s MLS® listing.
How much is 232 King Street W listed for, and what would it cost each month?
232 King Street W is listed for $749,000. With 20% down ($149,800), the mortgage payment would be roughly $3,021 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,623 a month, all in. That figure is an illustration, not a quote.
Is 232 King Street W freehold or a condo, and is there a monthly fee?
232 King Street W is a store w apt / office in Central, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 232 King Street W have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 232 King Street W?
232 King Street W is a store w apt / office. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 232 King Street W, and what is the lot size?
The lot is listed as 13 x 128 ft.
How is 232 King Street W heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 232 King Street W?
Property taxes are $7,225 a year (2025), or about $602 a month.
Where is 232 King Street W?
232 King Street W is in the Central community of Hamilton. The nearest main intersection is Caroline St N / King St W. The postal code is L8P 1A9.
Is 232 King Street W still for sale?
Yes. It is an active listing (MLS® X13854734). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 232 King Street W asking?
Similar properties for sale nearby right now include 453 KING Street E at $699,000, 428 King Street W at $799,000 and 309 & 311 King Street E at $799,800. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 232 King Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 232 King Street W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Central, picked by style, size and price.
Commercial retail$699,000453 KING Street E, HamiltonLandsdaleCourtesy of: RE/MAX ESCARPMENT REALTY INC.View home →
Commercial retail$799,000428 King Street W, HamiltonStrathconaCourtesy of: ROYAL LEPAGE REAL ESTATE ASSOCIATESView home →
Commercial retail$799,800309 & 311 King Street E, HamiltonBeasleyCourtesy of: RE/MAX PREMIER INC.View home →Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.