342 KING WILLIAM STREET, Hamilton, ON L8L1P3
342 KING WILLIAM STREET, Hamilton, ON L8L1P3
342 KING WILLIAM STREET, Hamilton, ON L8L1P3
342 KING WILLIAM STREET, Hamilton, ON L8L1P3
342 KING WILLIAM STREET, Hamilton, ON L8L1P3
342 KING WILLIAM STREET, Hamilton, ON L8L1P3
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Harman Powar

Harman Powar

+1(403) 978-7332
$ 799,000
Est. payment | /mo

7 Beds

4 Baths

Save
$ 799,000
Est. payment | /mo
Save

7 Beds

4 Baths

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000 - 2500

Subdivision Landsdale

MLS® Listing ID X14089868

Bedrooms 7

Property Description

Excellent Investment Opportunity in Hamilton! Offered for sale by a long-term owner retiring, this renovated and upgraded property featuring legal duplex with an existing three-unit layout. This versatile property offers very good cash flow potential and opportunities to further maximize rental income. Very Bright and inviting throughout, the home features plenty of windows that fill the living spaces with lots of natural light.The upper unit features 4 bedrooms, 2 bathrooms, ensuite laundry, 1 Family Room (Can be used as a bedroom), and a roughed-in kitchen area currently configured as a bedroom, offering potential for a fourth unit. The main unit features 2 bedrooms, 1 family room (which can be used as a 3rd bedroom), and 1 bathroom, while the lower unit offers 1 bedroom and 1 bathroom. All three existing units have separate kitchens, providing independent living spaces and flexible rental possibilities. Recent Updates: Roof (2025), furnace (2023), and hot water tank (2019). With no existing rental contracts, very low expenses, and vacant possession, the new owner has the flexibility to further customize the home or establish their own tenancy arrangements at current market rents.Additional highlights include 3 separate hydro meters and approximately $75,000 in potential gross annual rental income with all three units, making this an attractive opportunity for investors seeking strong cash flow and long-term investment potential.Conveniently located in downtown Hamilton, the property is close to public transit, shopping, restaurants, and everyday amenities.A great opportunity to acquire a bright, versatile, multi-unit investment property with excellent income potential! (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 3.74 m X 3.38 m Family room

Extra Room 2 Second level 3.26 m X 2.97 m Bedroom

Extra Room 3 Second level 3.44 m X 3.37 m Bedroom 2

Extra Room 4 Second level 3.26 m X 5.39 m Kitchen

Extra Room 5 Third level 4.46 m X 3.06 m Bedroom

Extra Room 6 Third level 3.61 m X 3.73 m Bedroom 2

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 1

Garage No

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer

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Listed by HOMELIFE EXCELSIOR REALTY INC.

Nearby Locations

Harman Powar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 978-7332

harmanpowarcentury21@gmail.com

3009 23 St NE, Calgary, AB, CAN

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342 KING WILLIAM STREET