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$ 925,000
Est. payment /mo
New
526 King ST E Hamilton, ON L8N 1E2
7 Beds
5 Baths
3,122 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Landsdale
MLS Listing ID X13872086
Style 3-Storey
Bedrooms 7
Annual Tax Amount $4,515
Tax Year 2026
Lot Size 3,122 Sqft
Property Sub-Type Multiplex
Property Description
ATTENTION ALL INVESTORS & SMART BUYERS! Exceptional turn-key opportunity generating over $6,300/month in gross income! Located in a high-growth corridor, 526 King St E is a legal triplex featuring a 4th basement unit for maximized cash flow. Meticulously updated, 3 of the units boast reimagined layouts with premium modern finishes, including new flooring, crisp new cabinetry, and brand-new windows. Property Layout: Main Floor: 2-Bedroom Unit, Second Floor: 2-Bedroom Unit, Third Floor: 1-Bedroom Unit, Basement: 1-Bedroom Unit. Investor Highlights: Separate Metering: 4 Hydro Meters keep utility overhead remarkably low. Abundant Parking: Rare 4-car parking (2 front + 2 back). Low Maintenance: Fully updated interior & exterior for hands-off management. Immediate Income: 3 units currently occupied by quality tenants. Location & Future Growth: Unbeatable access to public transit, local amenities, and the GO Station. Take full advantage of Hamilton's anticipated Light Rail Transit (LRT) expansion, driven to significantly accelerate property appreciation. Unmatched Exit Strategy: Flexible TOC1 (Transit Oriented Corridor) Zoning permits a wide array of high-density residential and commercial uses-providing dynamic upside and multiple exit options for future redevelopment. Whether adding a cash-flow asset to your portfolio or house-hacking your way to financial freedom, this high-yield property is a rare find. Book your showing today!
Location
Province ON
County Hamilton
Area Hamilton
Zoning TOC1
Rooms
Basement Finished, Full
Kitchen 4
Interior
Interior Features Carpet Free
Cooling Wall Unit(s)
Inclusions 4 stoves, 4 fridges, 2 clothes washers, 2 clothes dryers, 1 washer/dryer stackable unit, 1 washer/dryer combo unit
Exterior
Exterior Feature Porch
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 4
Building
Building Age 100+
Foundation Stone
Others
ParcelsYN No
Lited by Royal LePage Real Estate Associates