Home with brick exterior material, street for 417 King St, Hamilton Ontario L8P 1B5
18 days on Market

417 King St, Hamilton, Ontario L8P 1B5

Townhouse
5
3
~2500-3000 sqft
$849,000
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Townhouse
5
3
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$311/sqft

Est. Mortgage$3,646/mo

Tax Amount (2024)$5,183/yr

Days On Market18 days


Description

INVEST IN THE WEST Hamilton, Well-maintained brick income property featuring three sizable units, including two 2-bedroom apartments and one 1-bedroom . Perfectly zoned for a residential triplex. Prime location for either rental income or a personal residence, with excellent proximity to downtown, shopping centers, local parks. Situated on a key bus line and just a minute from freeway entrances. The property is move-in ready with three separate Furnace systems, updated electrical panels, and a fire escape with deck areas. Numerous upgrades have been completed since 2020. There's also roughed in plumbing in the basement for potential expansion. Units 1 and 3 are rented to reliable tenants keen on extending their leases. An excellent opportunity for a solid long-term investment.


Property Details

Style2 1/2 Storey
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size2,160 SqFt(90 x 24)
Parking Spaces-
MLS ®NumberX11955683
Community NameStrathcona
Data SourceTRREB
Listing byRE/MAX ESCARPMENT LEADEX REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished, Walk-Up

Main Floor

Living

4.32 x 3.78

Kitchen

4.32 x 1.52

Br

4.17 x 3.28

Br

4.17 x 3.28


Features

Lot size: 2,160 SqFt

Property listed by RE/MAX ESCARPMENT LEADEX REALTY, Brokerage

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Population and Demographics

Overview

Total population 5848
Average household income $92,939

Age (%)

20 to 34
26%
65 and plus
20%
50 to 64
19%
35 to 49
19%
0 to 19
16%

Household composition (%)

Single person
50%
Single family
42%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
77%
Arabic
3%
Others
3%
Portuguese
3%
Spanish
2%
Vietnamese
2%
Yue (Cantonese)
1%
Mandarin
1%
French
1%
Somali
1%
Italian
1%

House tenancy (%)

Renters
63%
Owners
37%

Schools and amenities

Estimated Budget