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    For Sale - 1316 King Street, Hamilton, Ontario

    Est payment $4,556/mo
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    Views   1
    Time on Jump  25 day

    AI Summary *

    • Spacious triplex with three large self-contained apartments for rental income.
    • Zoned for commercial use, offering versatile possibilities for investment.
    • Updated kitchens and bathrooms in all units, enhancing tenant appeal.
    • Large lot with a detached two-car garage and ample parking.
    • Excellent location in Gage Park/Delta West, close to amenities and services.




    Fabulous opportunity in the desirable gage park/delta west neighbourhood! Welcome to this fantastic 2,884 sf home with 3 self contained large apartments, set on a large 48ft x156ft lot. Beautifully updated over the last few years makes this property an excellent turnkey investment. An amazing triplex also zoned for commercial use. Enter the large main floor foyer and off the hallway find an independent office and 2-pc powder room perfect for anyone working from home, or as potential additional rental income for professional use. The main floor also features a 1-bedroom apartment with beautiful high ceilings, hardwood floors & stairs and gorgeous original restored gumwood trim wood details. The attractive spacious second-floor unit offers 2 large bedrooms and updated kitchen & bath, and an inviting large balcony off the second bedroom. On the third floor you come upon a 1-bedroom unit complete large open concept living & bedroom are with juliette balcony and updated kitchen & bathroom. The basement offer access from main floor has well as a separate entrance to the side of the home and features large storage for tenants as well as other storage rooms for additional landlord use. The main basement area offers an additional laundry area and a large utility room with a 4-pc bathroom. Large 4 car driveway and detached oversized 2-car garage. 200amp breaker panel & electrical updates 2015. Plumbing updates 2015. Hi-eff furnace 2019. Hot water tank 2015. Insulation 2015. Some new window 2015. Basement waterproofing, weeping tile system, delta ms foundation drainage board & sump pump in 2018. New 2nd floor deck floor 2023. Great income with over 5% roi. A fabulous opportunity not to miss.
    Listing IDX13834820
    Address1316 King Street
    CityHamilton, Ontario
    Price$948,888
    Bed / Bath5 / 5 Full
    Style2 1/2 Storey, Detached
    ConstructionBrick
    Land Size5984.73
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features In-Law Capability, Primary Bedroom - Main Floor, Water HeaterOutdoor Features Deck, PatioAmenities Fenced Yard, Hospital, Level, Park, Public Transit, Rec./Commun.CentreOwnership FreeholdBasement Separate EntranceFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Brokerage: RE/MAX REALTY SPECIALISTS INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1316 King Street
    Hamilton , Ontario
    5 5 $948,888
    Get more info