$925,000
Available - For Sale
Listing ID: X13872086
526 King Street East , Hamilton, L8N 1E2, Hamilton
| 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! |
| Price | $925,000 |
| Taxes: | $4515.98 |
| Assessment Year: | 2026 |
| Occupancy: | Tenant |
| Address: | 526 King Street East , Hamilton, L8N 1E2, Hamilton |
| Acreage: | < .50 |
| Directions/Cross Streets: | King ST E and Wentworth St S |
| Rooms: | 13 |
| Rooms +: | 5 |
| Bedrooms: | 5 |
| Bedrooms +: | 2 |
| Family Room: | T |
| Basement: | Finished, Full |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Basement | Bathroom | 8.53 | 5.05 | 3 Pc Bath, Tile Floor |
| Room 2 | Basement | Laundry | 2.36 | 2.36 | |
| Room 3 | Basement | Bedroom | 8.76 | 8.59 | Laminate |
| Room 4 | Basement | Recreatio | 14.4 | 11.32 | Laminate |
| Room 5 | Main | Kitchen | 12.07 | 10.07 | |
| Room 6 | Main | Living Ro | 13.32 | 12.33 | |
| Room 7 | Main | Bedroom | 12 | 7.08 | |
| Room 8 | Main | Bedroom | 12 | 7.68 | |
| Room 9 | Main | Bathroom | 7.97 | 8.99 | 4 Pc Bath |
| Room 10 | Main | Bathroom | 5.05 | 5.05 | 2 Pc Bath |
| Room 11 | Second | Bathroom | 8.99 | 5.97 | 4 Pc Bath |
| Room 12 | Second | Bedroom | 9.74 | 7.84 | |
| Room 13 | Second | Bedroom | 10.4 | 8.76 | |
| Room 14 | Second | Kitchen | 10.4 | 9.68 | |
| Room 15 | Third | Bedroom | 12.07 | 10 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Basement |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 2 | Main |
| Washroom Type 4 | 4 | Second |
| Washroom Type 5 | 3 | Upper |
| Washroom Type 6 | 3 | Basement |
| Washroom Type 7 | 4 | Main |
| Washroom Type 8 | 2 | Main |
| Washroom Type 9 | 4 | Second |
| Washroom Type 10 | 3 | Upper |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Multiplex |
| Style: | 3-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Front Yard |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Front Yard |
| Park #2 | |
| Parking Type: | Front Yard |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 2500-3000 |
| Property Features: | Fenced Yard, Hospital |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Royal LePage Real Estate Associates |
|
|
Saleem Akhtar
Sales Representative
Dir:
647-965-2957
Bus:
416-496-9220
Fax:
416-496-2144
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Landsdale |
| Style: | 3-Storey |
| Approximate Age: | 100+ |
| Tax: | $4,515.98 |
| Beds: | 5+2 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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