Home with brick exterior material, street for 1024 King St, Hamilton Ontario L8M 1C8
1 day on Market

1024 King St, Hamilton, Ontario L8M 1C8

Townhouse
13
12
~5000 + sqft
$2,399,000
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$11,995Cashback
Townhouse
13
12
~5000 + sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$240/sqft

Monthly cost

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*Based on last 30 days

Description

Introducing 1024 King Street East, a solid and well-maintained 12-unit multifamily investment property located along one of Hamilton's most active transit corridors. This purpose-built apartment building features an attractive and balanced unit mix, consisting of three 2-bedroom units, seven 1-bedroom units, and two bachelor suites, appealing to a wide range of tenants and ensuring strong year-round demand. Ideally positioned in the evolving Gibson- Stipley Neighborhood, the property offers excellent access to local amenities, retail, restaurants, parks, transit, and major arterial routes leading directly into the downtown core. With consistent rental performance and significant upside potential through gradual modernization, this turnkey asset is perfectly suited for investors looking to grow or stabilize their multifamily portfolio in one of Hamilton's fastest-improving districts.


Property Details

Style3-Storey
View-
Age of property-
SqFt~5000 + SqFt
Lot Size5,511 SqFt(111.16 x 49.58)
Parking Spaces5
MLS ®NumberX12561422
Community NameStipeley
Data SourceTRREB
Listing byRoyal Lepage Real Estate Associates

Features

Heating: Heat Pump
Cooling: Wall Unit
Basement: Finished

Features

Lot size: 5,511 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Nov 20, 2025
ListedActive
$2,399,000
1 day on market
history photo preview2
Listing by trreb®

Market Data - Stipeley

Geo Zone Map ThumbnailStipeley

Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

47 days

Compared to

2024

0 day

New Listings

Past 30 days

1 listing

Compared to

2024

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

Median Sold Price

Past 30 days

$450,000

Compared to


Population and Demographics

Overview

Total population 6276
Average household income $91,677

Age (%)

0 to 19
21%
20 to 34
26%
35 to 49
21%
50 to 64
19%
65 and plus
12%

Household composition (%)

Single family
54%
Single person
37%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
87%
Spanish
2%
Italian
2%
Polish
2%
Portuguese
1%
French
1%
Vietnamese
1%
Arabic
1%
Others
1%

House tenancy (%)

Renters
51%
Owners
49%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget