593-595 King Street E, Hamilton

$998,000
593-595 King Street E

$998,000

New
17d
Detached2-Storey

593-595 King Street E, Hamilton

Total Monthly Obligation $4,776

HausQ Valuation Report
Beds
2
Baths
3
Park
4
Sqft
3500-5000
DOM
17d
Score
15
Yield
3.3%
Cash on Cash
-9.4%
Cap Rate
2.6%
5Y IRR
8.2%
10Y IRR
8.8%
Property Type-Detached
MLS® Number-X13866024
Beds-2
Bathrooms-3
Size-3500-5000 sqft
Lot Size-38.5 × 117 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$4,498.21 (2025)
Parking-4 - None
Basement-Full, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air, Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Flat
Foundation-Other
Sewer-Sewer
Possession-Flexible
Neighbourhood-Landsdale
Title-Residential Freehold

No agent assigned

Exceptional mixed-use opportunity in one of Hamilton's most sought-after neighbourhoods, perfectly positioned along the upcoming LRT line. This versatile property offers both commercial and residential potential, currently generating steady income from a main-floor commercial unit (Barbershop for 16yrs) and a tenanted upper-level apartment. Situated on a generous lot with a separate rear apartment, the property also features a massive deck, ideal for outdoor living or entertaining, along with private laneway parking. Fronting onto King Street East, this is a rare chance to invest in a high-visibility corridor surrounded by excellent highway access and a vibrant, ever-growing restaurant scene. Whether you're an investor or looking to live in style, this property is a must see and truly one of a kind!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$798,400
Land Transfer Taxes$16,435
Legal Fees (Est.)
$
Total cash required for closing$217,535

Total Monthly Obligation

$4,776/mo
Mortgage $4,026
Monthly Loss $3,716
Principal$1,059
Interest$2,966
Property Tax$375
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.1%0
5-Year IRR
5.3%12
10-Year IRR
7.0%
Returns Index
7.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,472/yr
NOI
$20,227/yr
Net Cash Flow
-$2,340/mo
Cash Margin
-86.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
17.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 593-595 King Street E

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.