Key Facts
- MLS® #: 40695703
- Property ID: SIRC2267029
- Property Type: Residential, Single Family Detached
- Living Space: 3,673 sq.ft.
- Bedrooms: 5
- Bathrooms: 3
- Listed By:
- RE/MAX Escarpment LEADEX Realty
Property Description
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.
Rooms
- TypeLevelDimensionsFlooring
- Living roomMain12' 4.8" x 14' 2"Other
- KitchenMain4' 11.8" x 14' 2"Other
- BedroomMain10' 9.1" x 13' 8.1"Other
- BedroomMain10' 9.1" x 13' 8.1"Other
- BedroomMain7' 1.8" x 10' 4"Other
- Kitchen2nd floor7' 8.9" x 6' 5.1"Other
- Living room2nd floor15' 8.1" x 17' 7.8"Other
- Bedroom2nd floor7' 4.9" x 11' 3"Other
- Kitchen3rd floor6' 9.1" x 14' 6.8"Other
- Bedroom2nd floor9' 4.9" x 12' 4"Other
Listing Agents
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Location
417 King Street W, Hamilton, Ontario, L8P 1B5 Canada
Around this property
Information about the area within a 5-minute walk of this property.
- 27.42% 20 to 34 years
- 19.3% 35 to 49 years
- 18.61% 50 to 64 years
- 13.42% 65 to 79 years
- 6.56% 80 and over
- 5.01% 0 to 4
- 3.73% 5 to 9
- 3.01% 15 to 19
- 2.93% 10 to 14
- Households in the area are:
- 49.47% Single person
- 41.33% Single family
- 8.64% Multi person
- 0.57% Multi family
- $87,704 Average household income
- $40,390 Average individual income
- People in the area speak:
- 73.53% English
- 4.76% Arabic
- 4.12% English and non-official language(s)
- 3.64% Spanish
- 3.38% Vietnamese
- 2.56% Thai
- 2.42% Somali
- 2.14% French
- 2.03% Portuguese
- 1.44% Yue (Cantonese)
- Housing in the area comprises of:
- 67.1% Apartment 5 or more floors
- 11.07% Single detached
- 10.56% Apartment 1-4 floors
- 4.61% Row houses
- 4.43% Semi detached
- 2.24% Duplex
- Others commute by:
- 20.32% Public transit
- 15.39% Foot
- 2.15% Other
- 1.94% Bicycle
- 27.86% High school
- 23.51% Did not graduate high school
- 21.07% College certificate
- 14.53% Bachelor degree
- 7.29% Post graduate degree
- 5.14% Trade certificate
- 0.58% University certificate
- The average air quality index for the area is 2
- The area receives 309.08 mm of precipitation annually.
- The area experiences 7.39 extremely hot days (31.98°C) per year.
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- Principal and Interest $4,145 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a