$799,000
Available - For Sale
Listing ID: X14089868
342 King William Street , Hamilton, L8L 1P3, Hamilton
| 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! |
| Price | $799,000 |
| Taxes: | $3908.66 |
| Assessment Year: | 2026 |
| Occupancy: | Owner |
| Address: | 342 King William Street , Hamilton, L8L 1P3, Hamilton |
| Directions/Cross Streets: | King and Victoria |
| Rooms: | 12 |
| Rooms +: | 1 |
| Bedrooms: | 6 |
| Bedrooms +: | 1 |
| Family Room: | T |
| Basement: | Separate Ent, Finished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Third | Bedroom | 14.63 | 10.04 | |
| Room 2 | Third | Bedroom 2 | 11.84 | 12.23 | 3 Pc Ensuite, Double Closet |
| Room 3 | Second | Family Ro | 12.27 | 11.09 | Fireplace |
| Room 4 | Second | Bedroom | 10.69 | 9.74 | W/O To Balcony |
| Room 5 | Second | Bedroom 2 | 11.28 | 11.05 | Bay Window |
| Room 6 | Second | Kitchen | 10.69 | 17.68 | Walk-Out |
| Room 7 | Ground | Family Ro | 12.1 | 11.18 | Fireplace, Window |
| Room 8 | Ground | Bedroom | 11.22 | 8.27 | Window, Closet |
| Room 9 | Ground | Bedroom 2 | 8.23 | 11.15 | Closet, Window |
| Room 10 | Ground | Kitchen | 8.17 | 9.15 | Granite Counters |
| Room 11 | Ground | Dining Ro | 10.66 | 14.86 | Window |
| Room 12 | Basement | Bedroom | 9.35 | 11.18 | Large Closet |
| Room 13 | Basement | Dining Ro | 9.81 | 21.22 | Combined w/Kitchen, Combined w/Living |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Third |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 3 | Main |
| Washroom Type 4 | 3 | Basement |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Third |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 3 | Main |
| Washroom Type 9 | 3 | Basement |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 3 | Third |
| Washroom Type 12 | 4 | Second |
| Washroom Type 13 | 3 | Main |
| Washroom Type 14 | 3 | Basement |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 3 | Third |
| Washroom Type 17 | 4 | Second |
| Washroom Type 18 | 3 | Main |
| Washroom Type 19 | 3 | Basement |
| Washroom Type 20 | 0 |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | 2 1/2 Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Front Yard |
| Drive Parking Spaces: | 1 |
| Park #1 | |
| Parking Type: | Front Yard |
| Park #2 | |
| Parking Type: | Front Yard |
| Pool: | None |
| Approximatly Square Footage: | 2000-2500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| HOMELIFE EXCELSIOR REALTY INC. |
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|
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Landsdale |
| Style: | 2 1/2 Storey |
| Tax: | $3,908.66 |
| Beds: | 6+1 |
| Baths: | 4 |
| Fireplace: | Y |
| Pool: | None |
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