A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 40 Kingsmount St, Hamilton Ontario L8S 3B3
Sold conditionally
7 days on Market

40 Kingsmount St, Hamilton, Ontario L8S 3B3

Townhouse
-
3
~2446 sqft
$1,069,000
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Townhouse
-
3
~2446 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$437/sqft

Est. Mortgage$4,591/mo

Tax Amount (2024)$6,621/yr

Days On Market7 days


Description

Introducing West Hamilton’s newest PREMIUM STUDENT LIVING DUPLEX OPPORTUNITY!! 40 Kingsmount St. South is perfectly situated across MCMASTER UNIVERSITY, next to all major amenities, and seconds to major transit / GO line. Properly licenced through the City of Hamilton, fully renovated from top to bottom, and situated on a one of a kind, premium lot, this property features a sizable 6 bedroom layout. The main unit features a 4 bedroom design, with second unit boasting a 2 bedroom setup with second floor private balcony. Situated on a sizable, unique, pie shaped lot backing onto the city’s popular Rail Trail, this R zoned property allows significant future development / addition potential. This zoning creates a massive opportunity for future owners to increase property value and performance. The strong rental performance of this property reflects the quality and attractiveness of the building for students and boasts $6519 monthly gross rent. Call to view today!!!


Property Details

StyleResidential Income
View-
Age of property-
SqFt~2446 SqFt
Lot Size3,300 SqFt(143 x 23.08)
Parking Spaces2
MLS ®Number40693120
Community NameAinslie Wood
Data SourceITSO
Listing byMichael St. Jean Realty Inc.

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Full, Partially Finished

Features

Lot size: 3,300 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Jan 24, 2025
ListedActive
$1,069,000
7 days on market
history photo preview50
Listing by itso®
Property listed by Michael St. Jean Realty Inc., Brokerage

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Population and Demographics

Overview

Total population 716
Average household income $103,553

Age (%)

20 to 34
44%
50 to 64
15%
0 to 19
14%
65 and plus
14%
35 to 49
13%

Household composition (%)

Single family
41%
Single person
41%
Multi person
18%
Multi family
1%

Mother tongue (%)

English
73%
Mandarin
9%
Others
5%
Arabic
3%
Spanish
2%
Hindi
2%
Bengali
1%

House tenancy (%)

Renters
59%
Owners
41%

Schools and amenities

Estimated Budget