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$849,000

417 King Street W, Hamilton, ON, L8P 1B5

QuickQuoteTM: $717K - $962K
MLS® # 40695703

5 Beds

3 Baths

3673 FEETSQ sqft

Property Information:

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 separate meters, three separate Furnace systems, updated electrical panels, and a fire escape with deck areas. Some 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.

Inclusions: None

Building Features:

  • Floor Space: 3673 Square Feet

Property Features:

  • Bedrooms: 5
  • Bathrooms: 3+0
  • Acres Range: < 0.5
  • Architectural Style: 2.5 Storey
  • Basement: Full, Unfinished
  • Construction Materials: Brick
  • Cooling: Wall Unit(s)
  • Driveway Parking: None
  • Floor Space (approx): 3673 Square Feet
  • Heating: Forced Air, Natural Gas
  • Lot Features: Urban, Highway Access, Hospital, Library, Park, Public Transit
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: T0C1
  • Sewer: Sewer (Municipal)

Rooms:

  • Living Main Level 4.32 X 3.78
  • Kitchen Main Level 4.32 X 1.52
  • Bedroom Main Level 4.17 X 3.28
  • Bedroom Main Level 4.17 X 3.28
  • Bedroom Main Level 3.15 X 2.18
  • Bathroom Main Level
  • Kitchen 2nd Level 1.96 X 2.36
  • Bathroom 2nd Level
  • Living 2nd Level 5.38 X 4.78
  • Bedroom 2nd Level 3.43 X 2.26
  • Kitchen 3rd Level 4.44 X 2.06
  • Bedroom 2nd Level 3.76 X 2.87
  • Bathroom 3rd Level

Courtesy of: RE/MAX Escarpment LEADEX Realty

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Location of 417 King Street W, Hamilton, ON, L8P 1B5

Demographic Information of 417 King Street W, Hamilton, ON, L8P 1B5

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$87,703.66

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.51 %

High school certificate or equivalent

27.86 %

Apprenticeship trade certificate/diploma

5.14 %

College/non-university certificate

21.07 %

University certificate (below bachelor)

0.58 %

University Degree

21.82 %

Commuter

Travel To Work

By Car

60.2 %

By Public Transit

20.32 %

By Walking

15.39 %

By Bicycle

1.94 %

By Other Methods

2.15 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

77.65 %

Houses

22.35 %

Own Vs. Rent