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

417 King St, Hamilton, Ontario L8P 1B5

Detached
3
3
- sqft
$899,000
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Detached
3
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,861/mo

Tax Amount (2024)$5,183/yr

Days On Market10 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 afire 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. RSA


Property Details

Style2 1/2 Storey
View-
Age of property-
SqFt-
Lot Size2,098 SqFt(88.19 x 23.8)
Parking Spaces-
MLS ®NumberX11889842
Community NameStrathcona
Data SourceTRREB
Listing byRE/MAX ESCARPMENT LEADEX REALTY

Features

Heating: Forced Air
Cooling: Window Unit
Basement: Full, Unfinished

Main Floor

Living

4.32 x 3.78

Kitchen

4.32 x 1.52

Br

4.17 x 3.28

Bathroom

0.00 x 0.00

4 Pc Bath


Features

Lot size: 2,098 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