Home with brick exterior material, street for 1161 King St, Hamilton Ontario L9S 1M3
10 days on Market

1161 King St, Hamilton, Ontario L9S 1M3

Detached
5 + 3
3
~1100-1500 sqft
$899,999
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Detached
5 + 3
3
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$709/sqft

Est. Mortgage$3,865/mo

Tax Amount (2024)$6,023/yr

Days On Market10 days


Description

Excellently located within walking distance to McMaster University, McMaster Hospital, and the iconic Westdale Village shopping and restaurant district, this property offers an incredible opportunity for both investors and families alike. With 8 masterfully laid-out rooms, each renting for between $800 and $990 per month to McMaster students, it promises a solid return on investment. Yes, you read that correctly-8 rooms. This property is fully carpet-free and has been significantly updated, including electrical upgrades in 2023. The basement ceiling height has been increased by lowering the floor and underpinning the foundation. With 3 full bathrooms, an updated kitchen, new floors and doors, and a spacious living and dining area, this home offers comfort and convenience. The main floor also features a laundry area. Over the past 2 years, approximately $90K has been spent on renovations, ensuring the property is in excellent condition. The listed square footage of 1,021 sqft is the actual above-grade area, plus an additional 375 sqft in the finished basement. Whether you're looking for a smart investment or a wonderful family home, this property can serve both purposes. Investors will appreciate the rental potential, while families will enjoy the spacious living areas and prime location. Investors and homeowners alike, this is a rare opportunity.


Property Details

Style1 1/2 Storey
View-
Age of property51-99
SqFt~1100-1500 SqFt
Lot Size3,432 SqFt(110.11 x 31.17)
Parking Spaces2
MLS ®NumberX12039031
Community NameWestdale South
Data SourceTRREB
Listing byRE/MAX ESCARPMENT GOLFI REALTY INC.

Features

Heating: Forced Air
Basement: Finished, Full

Main Floor

Br

2.67 x 2.39

Br

3.48 x 2.49

Br

2.77 x 3.48

Bathroom

1.68 x 2.31

4 Pc Bath


Features

Lot size: 3,432 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by RE/MAX ESCARPMENT GOLFI REALTY INC., Brokerage

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Population and Demographics

Overview

Total population 2004
Average household income $145,331

Age (%)

20 to 34
35%
0 to 19
20%
50 to 64
16%
35 to 49
15%
65 and plus
14%

Household composition (%)

Single family
50%
Single person
36%
Multi person
14%
Multi family
0%

Mother tongue (%)

English
78%
Mandarin
7%
Others
5%
Arabic
3%
Spanish
2%
Urdu
1%
Iranian Persian
1%

House tenancy (%)

Renters
51%
Owners
49%

Schools and amenities

Estimated Budget