70 King Street
Stoney Creek / Hamilton, ON L8G 1K2
About This Property
Freestanding Medical Building for Sale, fully occupied with long term leases. Discover a rare opportunity to own a high-performing, fully tenanted medical building in the heart of Hamilton's Stoney Creek area. 70 King St E is an 8,000 sq ft, free-standing, purpose-built medical building with long-term healthcare tenants, excellent street exposure, and strong income performance. Strong Tenant Mix - Pharmacy, Family Medicine/Clinic, Cardio Clinic, Cardiac Lab, RMT, Chiropractic, Podiatry, Chiropody & much more. Stoney Creek's Historic Landmark is for Sale - Spent over $$$s to improve the building facade and interior to truly setup a medical centre/building. This medical building generates 7% plus cap rate and consistent income. Onsite parking at the rear of the building. Fully leased out with long term leases with strong revenue stream!
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13607194
Listed by ROYAL LEPAGE PINNACLE REAL ESTATE
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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$17,335
/month · $2,840,000 mortgage
Amortization
Total Interest
$2,360,535
Total Cost
$5,200,535
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
ROYAL LEPAGE PINNACLE REAL ESTATE