For Sale - 342 King William Street, Hamilton, Ontario

Est payment $3,837/mo
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Time on Jump  3 day
  • Renovated property with legal duplex and existing three-unit layout for flexibility.
  • Bright living spaces filled with natural light from plenty of windows.
  • Potential for excellent cash flow with approximately $75,000 in annual rental income.
  • Convenient downtown location near public transit, shopping, and restaurants.
  • Recent updates include new roof, furnace, and hot water tank for peace of mind.



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!
Listing IDX14089868
Address342 King William Street
CityHamilton, Ontario
Price$799,000
Bed / Bath7 / 4 Full
Style2 1/2 Storey, Multiplex
ConstructionBrick
TypeMulti-Family
StatusFor Sale
Subtype MultiplexIndoor Features OtherOwnership FreeholdBasement Separate Entrance, FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 1.00
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Listing Brokerage: HOMELIFE EXCELSIOR REALTY INC.

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342 King William Street
Hamilton , Ontario
7 4 $799,000
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