526 King Street E, Hamilton, Ontario L8N 1E2

Listed for:

$925,000

7 beds

5 baths

Listed 38 days ago

Other for rent: 526 King Street E, Hamilton, Ontario L8N 1E2

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About

Cross Streets: King ST E and Wentworth St S. ** Directions: West from Wentworth St S and East of Victoria Ave North. 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:27476)

Property Highlights

MLS® Number

X13872086

Type

Multi-family

Community Name

Landsdale

Land Size

27 x 118.2 FT ; 118.27ft.x 27.0ft.x 118.22ft. x 25.98ft.|under 1/2 acre

Parking Space Total

Building

Building Type

Other

Storeys

3.00

Square Footage

2500 - 3000 sqft

Bathrooms Total

Bedrooms Above Ground

Bedrooms Total

Amenities

Hospital, Park, Public Transit, Schools

Exterior Finish

Brick

Fireplace Present

Basement Type

Full (Finished)

Basement Features

Building Heating Type

Baseboard heaters, Forced air

Heating Fuel

Electric, Natural gas

Building Cooling Type

Wall unit

Utilities

Water

Municipal water

Utility Sewer

Sanitary sewer

Room Layout

Bathroom

Second level

2.74 m x 1.82 m

Bedroom

Second level

2.97 m x 2.39 m

Bedroom

Second level

3.17 m x 2.67 m

Kitchen

Second level

3.17 m x 2.95 m

Bedroom

Third level

3.68 m x 3.05 m

Kitchen

Third level

3.66 m x 3.05 m

Bathroom

Third level

2.74 m x 1.21 m

Bathroom

Basement

2.6 m x 1.54 m

Laundry room

Basement

0.72 m x 0.72 m

Bedroom

Basement

2.67 m x 2.62 m

Recreational, Games room

Basement

4.39 m x 3.45 m

Kitchen

Main level

3.68 m x 3.07 m

Living room

Main level

4.06 m x 3.76 m

Bedroom

Main level

3.66 m x 2.16 m

Bedroom

Main level

3.66 m x 2.34 m

Bathroom

Main level

2.43 m x 2.74 m

Bathroom

Main level

1.54 m x 1.54 m

Location

Learn more about this property

Listing provided by:

Royal LePage Real Estate Associates

MLS® number:

X13872086

Agent:

Manny Pinheiro

Phone:

(905) 812-8123

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