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$769,900
Hamilton
417 KING Street, Hamilton, Ontario, L8P1B5
This multi-family property in Hamilton is for sale offering roughly 3,673 sq ft of space.
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 (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 247 days on market, against an average age of 65 days across the listings currently for sale in this city
This 5-bed multi-family in Hamilton is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $769,900, about 13.3× the local median household income of $58,000.
Carrying it typically needs a household income of about $150,388 (20% down, 25-yr amortization, stress-tested) — roughly 159% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8P)
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Loading rates, 30-yr amortization
Cash Needed to Close
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