571-575 King St E is a retail in Hamilton, listed for $1,489,000.
1Significantly renovated mixed-use investment property on Hamilton's future LRT corridor!
2A full, usable basement provides substantial additional storage, while a rear fire escape adds further functionality.
3Situated 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.
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Commercial Property in Hamilton
About 571-575 King Street East
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.
Hamilton retail priced at $1,489,000 — book a tour to see if it fits your search.
Inside 571-575 King St E
Every detail from the listing, in one place.
Type
Retail
Lot size
0 x 49
Features & systems
Lot & land
Lot dimensions
0 x 49
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
571-575 King St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14104950$1,489,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 571-575 King St E Compares to the Hamilton Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 571-575 King St E. Typical times without traffic delays; transit times aren't available yet.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings2,543Homes for sale here right now.
Median vs prior 90 days−2.5%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 1,842 sales from Jul 24 – Oct 22, 2026 (1,482 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
571-575 King St E is listed at $1,489,000 (MLS® X14104950). Summitly updates the price as soon as the MLS® record changes.
Has the price of 571-575 King St E changed?
No — 571-575 King St E is still listed at its original asking price of $1,489,000.
How many bedrooms and bathrooms does 571-575 King St E have?
The listing for 571-575 King St E doesn't publish its bedroom and bathroom count. It is a commercial property in Hamilton.
Is 571-575 King St E close to transit?
The nearest rapid-transit station is Hamilton GO Centre GO Station (Lakeshore West GO), about 4.4 km in a straight line. Confederation GO Station is about 4.9 km, and West Harbour GO Station is about 5.0 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 571-575 King St E compare with other homes in Hamilton?
Its asking price of $1,489,000 is about 121% above the median sold price in Hamilton over the last 90 days, $675,000, across 1,842 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 571-575 King St E been sold before?
Summitly has no earlier MLS® sale or lease of 571-575 King St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 571-575 King St E?
571-575 King St E is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 571-575 King St E been on the market?
2 days — 571-575 King St E was listed on October 20, 2026.
What is the lot size of 571-575 King St E?
The lot measures 0 × 49, as published in the listing.
What is the land transfer tax on 571-575 King St E?
About $26,255 in Ontario land transfer tax at the asking price of $1,489,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 571-575 King St E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 571-575 King St E?
The listing for 571-575 King St E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Hamilton.
