1500 KING Street E

LIVE. WORK. INVEST. A rare opportunity on King St E offering a beautifully updated residential space paired with an established commercial storefront. The approximately 560 sq. ft. commercial unit has been home to hair stylists for 30+ years and is currently leased month-to-month to a successful salon at $1,100/month + hydro. The approximately 1,068 sq. ft. residential unit features 2 bedrooms, 2 bathrooms and a bright, inviting layout across two levels. Both spaces were renovated in 2023, including new flooring, updated kitchen and bathroom cabinetry, new toilets, fresh paint and a wall removal in the living room that created a more open feel. The residential space showcases a stylish kitchen, comfortable living area and bright upper-level rooms, including a versatile office/bedroom space. A full basement provides additional storage potential. The property also features a detached garage, owned furnace, A/C and hot water heater, plus C2 commercial zoning. Conveniently located on King St E with easy access to major routes including the QEW, 407 and Red Hill Valley Parkway. Whether you're looking to operate your business, generate rental income or enjoy the convenience of a live/work property, this versatile offering deserves your attention. (id:67197)

Price

$618,000

Property Type

Other

Transaction Type

For sale

Parking

1

MLS® Number

40861388

Interior Size

1628 sqft

Ownership Type

Freehold

Building Type

Residential Commercial Mix

Basement

Full

Exterior Finish

Brick, Stone, Vinyl siding

Fireplace

No

Interior Size

1628 sqft

Stories

2

Water

Municipal water

Size Frontage

27 ft

Size Depth

76 ft

Acreage

No

Sewer

Municipal sewage system

Ownership Type

Freehold