571-575 KING Street E, Hamilton, ON L8L 5N3
Landsdale, Hamilton · Near King St E and Steven St · View map
About this home
Significantly renovated mixed-use investment property on Hamilton's future LRT corridor! Offering 5,544 sq. ft. above grade, this exceptionally well-maintained, two-storey building underwent an extensive, near-total renovation in 2019-2020 and features three 1-bedroom residential apartments and three ground-floor retail storefronts, two of which are currently combined into one commercial unit. A full, usable basement provides substantial additional storage, while a rear fire escape adds further functionality. Offered at an attractive 6.2% cap rate, reflecting the significant capital investment already undertaken, this is an opportunity to acquire a substantially improved asset with diversified residential and commercial income. Situated on King Street East, directly along the planned Hamilton LRT route, the property is exceptionally well positioned to benefit from future transit investment, neighbourhood revitalization, and long-term growth. An appealing opportunity for investors seeking quality construction, current income, and meaningful future upside.
The home
- Type
- Commercial retail
- Square footage
- 5544 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Partial
Garage & parking
- Garage
- Outside/Surface
- Total parking
- None
Taxes & other
- Property taxes
- $11,553/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- King St E and Steven St
- Neighbourhood
- Landsdale
More
- MLS® number
- X14104950
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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.
571-575 KING Street, Hamilton, ON L8L 5N3
Landsdale, Hamilton · Near King St E and Steven St
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Listing history for 571-575 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 571-575 KING Street E
Answers come straight from this home’s MLS® listing.
How much is 571-575 KING Street E listed for, and what would it cost each month?
571-575 KING Street E is listed for $1,489,000. With 20% down ($297,800), the mortgage payment would be roughly $6,006 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,969 a month, all in. That figure is an illustration, not a quote.
Is 571-575 KING Street E freehold or a condo, and is there a monthly fee?
571-575 KING Street E is a commercial retail in Landsdale, 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 571-575 KING Street E have a garage and parking?
Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.
What style of home is 571-575 KING Street E?
571-575 KING Street E is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 571-575 KING Street E heated and cooled?
Heating is gas forced air closed. Cooling is partial.
What are the property taxes for 571-575 KING Street E?
Property taxes are $11,553 a year (2025), or about $963 a month.
Where is 571-575 KING Street E?
571-575 KING Street E is in the Landsdale community of Hamilton. The nearest main intersection is King St E and Steven St. The postal code is L8L 5N3.
Is 571-575 KING Street E still for sale?
Yes. It is an active listing (MLS® X14104950). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 571-575 KING Street E asking?
Similar properties for sale nearby right now include 413 - 415 King Street W at $1,499,999, 2328 King Street at $1,349,950 and 19 KING Street W at $1,279,900. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 571-575 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 571-575 KING Street E?
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 Landsdale, picked by style, size and price.
Investment$1,499,999413 - 415 King Street W, HamiltonStrathconaCourtesy of: EXP REALTYView home →
Commercial retail$1,349,9502328 King Street, HamiltonGlenviewCourtesy of: RE/MAX ESCARPMENT REALTY INC.View home →
Investment$1,279,90019 KING Street W, HamiltonStoney CreekCourtesy of: RE/MAX ESCARPMENT GOLFI REALTY INC.View home →Courtesy of: Corcoran Horizon Realty
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.