2342 King Street East, Hamilton | Image 1

2342 King Street East

Hamilton, Glenview

  • 9 bed 8 bath
$1,700,000 est.*: $5,759/mo
For Sale

Added 1 day ago

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  • Type: Multiplex

  • Style: 2-Storey

  • Lot Size: 47 x 125 Feet

  • Age: No Data

  • Taxes: $16,476 per year

  • Days on Site: 1 Days

  • Added: Jan 06, 2025 (1 day ago)

  • Updated:

  • Last Checked: 1 hour ago

  • MLS®#: X11908988

  • Listed By: Mysak realty inc.

Prime value-add opportunity! This 8-unit apartment building offers tremendous upside, with the potential to add a 9th unit for increased cash flow. With 3 vacant units, this property presents immediate potential to set market rents and optimize tenant mix. Each unit is separately metered for hydro, giving you flexibility to minimize expenses. The property features 8 outdoor parking spaces to enhance tenant convenience. With strategic upgrades and management, this property can be brought to its full potential in a high-demand rental market. A rare opportunity to create substantial value.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Area: Hamilton

  • Community: Glenview

  • Availability Date: TBA

Inside

  • Bedrooms: 9

  • Bedrooms Plus: 1

  • Bathrooms: 8

  • Kitchens: 8

  • Rooms: 34

  • Den/Family Room: No

  • Air Conditioning: Window Unit

  • Fireplace: No

  • Central Vacuum: N

  • Washrooms: 8

Building

  • Basement: Fin W/O

  • Heat Type: Water

  • Heat Source: Gas

  • Exterior: Brick

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Available

  • Garage Type: None

  • Covered Parking Spaces: 8

  • Total Parking Spaces: 8

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 32, CON 3 SALTFLEET, AS IN CD403493 TOGETHER WITH AN EASEM

  • Taxes: $16,476

Land

  • Cross Street: Parkdale Ave. S. & K

  • Municipality District: Hamilton

  • Fronting On: North

  • Parcel Number: 172760190

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 125 Feet

  • Lot Frontage: 47 Feet

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Somewhat Walkable

  • Some errands can be accomplished on foot.
68 /100

Good Transit

  • Some errands can be accomplished by public transportation.
55 /100

Bikeable

  • Some errands can be accomplished on bike.
51 /100
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Map of 2342 King Street East, Hamilton
JK-5

Parkdale School

Elementary: Public
1.35 km
JK-8

St. Luke Catholic Elementary School

Elementary: Catholic
1.16 km
JK-8

Viscount Montgomery Public School

Elementary: Public
0.42 km
JK-8

Elizabeth Bagshaw School

Elementary: Public
1.08 km
JK-8

Sir Wilfrid Laurier Public School

Elementary: Public
1.34 km
JK-8

St. Eugene Catholic Elementary School

Elementary: Catholic
0.55 km
9-12

Vincent Massey/James Street

Secondary: Public
3.88 km
9-12

ÉSAC Mère-Teresa

Secondary: Catholic
3.18 km
9-12

Delta Secondary School

Secondary: Public
2.05 km
Pre-Grade 9-12

Glendale Secondary School

Secondary: Public
1.24 km
Pre-Grade 9-12

Sir Winston Churchill Secondary School

Secondary: Public
0.98 km
Pre-Grade 9-12

Sherwood Secondary School

Secondary: Public
2.29 km

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