455 King William Street, Hamilton (Landsdale), Ontario, L8L1R1




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$1,299,000
Hamilton
This multi-family property in Hamilton is for sale. It has been on the market 30 days, fresher than the Hamilton average of 70 days.
Large purpose-built multiplex building featuring 6 spacious 3-bedroom units. Approx. total square footage is 5700sqft. Generates a gross annual income of $125,500 with a true cap-rate of 6.7%. All units separately metered for hydro - tenants pay electricity. Each unit has their own heat pump for individual A/C & heating. Coin laundry on-site. Updated windows. Clean Phase 1 ESA (2026). Walking distance to GO station. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 30 days on market, against an average age of 70 days across the listings currently for sale in this city
This 18-bed multi-family in Hamilton (Landsdale) has been listed for 30 days, which is 40 days fresher than the city average of 70. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,299,000, about 20.0× the local median household income of $65,000.
Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 290% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8L)
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Loading rates, 30-yr amortization
Cash Needed to Close
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