526 King Street E Hamilton, Ontario L8N 1E2

7 Bedroom 5 Bathroom 2,500 - 3,000 sqft
Wall Unit Baseboard Heaters, Forced Air

$925,000

ATTENTION ALL INVESTORS & SMART BUYERS! Exceptional turn-key opportunity generating over $6,300/month in gross income! Located in a high-growth corridor, 526 King St E is a legal triplex featuring a 4th basement unit for maximized cash flow. Meticulously updated, 3 of the units boast reimagined layouts with premium modern finishes, including new flooring, crisp new cabinetry, and brand-new windows. Property Layout: Main Floor: 2-Bedroom Unit, Second Floor: 2-Bedroom Unit, Third Floor: 1-Bedroom Unit, Basement: 1-Bedroom Unit. Investor Highlights: Separate Metering: 4 Hydro Meters keep utility overhead remarkably low. Abundant Parking: Rare 4-car parking (2 front + 2 back). Low Maintenance: Fully updated interior & exterior for hands-off management. Immediate Income: 3 units currently occupied by quality tenants. Location & Future Growth: Unbeatable access to public transit, local amenities, and the GO Station. Take full advantage of Hamilton's anticipated Light Rail Transit (LRT) expansion, driven to significantly accelerate property appreciation. Unmatched Exit Strategy: Flexible TOC1 (Transit Oriented Corridor) Zoning permits a wide array of high-density residential and commercial uses-providing dynamic upside and multiple exit options for future redevelopment. Whether adding a cash-flow asset to your portfolio or house-hacking your way to financial freedom, this high-yield property is a rare find. Book your showing today! (id:49269)

Property Details

MLS® Number X13872086
Property Type Multi-family
Community Name Landsdale
Amenities Near By Hospital, Park, Public Transit, Schools
Equipment Type Water Heater
Features Irregular Lot Size, Flat Site, Carpet Free
Parking Space Total 4
Rental Equipment Type Water Heater
Structure Porch

Building

Bathroom Total 5
Bedrooms Above Ground 5
Bedrooms Below Ground 2
Bedrooms Total 7
Age 100+ Years
Appliances Water Meter, Dryer, Stove, Washer, Refrigerator
Basement Development Finished
Basement Type Full (finished)
Cooling Type Wall Unit
Exterior Finish Brick
Fire Protection Security System
Flooring Type Tile, Laminate
Foundation Type Stone
Half Bath Total 1
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 3
Size Interior 2,500 - 3,000 Sqft
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Hospital, Park, Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 118 Ft ,2 In
Size Frontage 27 Ft
Size Irregular 27 X 118.2 Ft ; 118.27ft.x 27.0ft.x 118.22ft. X 25.98ft.
Size Total Text 27 X 118.2 Ft ; 118.27ft.x 27.0ft.x 118.22ft. X 25.98ft.|under 1/2 Acre
Soil Type Clay
Zoning Description Toc1

Rooms

Level Type Dimensions
Second Level Bathroom 2.74 m x 1.82 m
Second Level Bedroom 2.97 m x 2.39 m
Second Level Bedroom 3.17 m x 2.67 m
Second Level Kitchen 3.17 m x 2.95 m
Third Level Bedroom 3.68 m x 3.05 m
Third Level Kitchen 3.66 m x 3.05 m
Third Level Bathroom 2.74 m x 1.21 m
Basement Bathroom 2.6 m x 1.54 m
Basement Laundry Room 0.72 m x 0.72 m
Basement Bedroom 2.67 m x 2.62 m
Basement Recreational, Games Room 4.39 m x 3.45 m
Main Level Kitchen 3.68 m x 3.07 m
Main Level Living Room 4.06 m x 3.76 m
Main Level Bedroom 3.66 m x 2.16 m
Main Level Bedroom 3.66 m x 2.34 m
Main Level Bathroom 2.43 m x 2.74 m
Main Level Bathroom 1.54 m x 1.54 m

https://www.realtor.ca/real-estate/30375844/526-king-street-e-hamilton-landsdale-landsdale

Contact Us

Contact us for more information

Generating Captcha

Your Favourites

 

No Favourites Found