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$ 925,000
Est. payment /mo
Active
526 KING STREET E Hamilton, ON L8N1E2
7 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500 - 3000
Subdivision Landsdale
MLS® Listing ID X13872086
Bedrooms 7
Half Baths 1
Property Description
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: 2-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:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 2.74 m X 1.82 m Bathroom
Extra Room 2 Second level 2.97 m X 2.39 m Bedroom
Extra Room 3 Second level 3.17 m X 2.67 m Bedroom
Extra Room 4 Second level 3.17 m X 2.95 m Kitchen
Extra Room 5 Third level 3.68 m X 3.05 m Bedroom
Extra Room 6 Third level 3.66 m X 3.05 m Kitchen
Interior
Heating Baseboard heaters, Forced air, ,
Cooling Wall unit
Flooring Tile, Laminate
Exterior
Parking Features No
Fence Fenced yard
View Y/N No
Attached Garage No
Total Parking Spaces 4
Garage No
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Listed by Royal LePage Real Estate Associates
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