480 King William Street, Hamilton | Image 1

480 King William Street

Hamilton, Landsdale

  • 4 bed 4 bath 1500 sqft
$1,100,000 est.*: $3,726/mo
For Sale

Added 1 month ago

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  • Type: Fourplex

  • Style: 2 1/2 Storey

  • Size: 1500 sqft

  • Lot Size: 28.58 x 108.5 Feet

  • Age: 100+ years

  • Taxes: $4,371 per year

  • Added: Dec 13, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X11892618

  • Listed By: Royal lepage signature realty

Turn-Key, Cash Flow Positive Multiplex in Lansdale! Attention savvy investors: 480 King William St is the perfect blend of strong income potential and a prime location. This legal triplex with a non-conforming fourth unit operates as four self-contained rental units and boasts impressive features to attract tenants and maximize returns. The unit mix includes a vacant 1-bedroom in the basement, a tenanted 1-bedroom on the main floor (with one parking space included), a vacant 2-bedroom on the second floor, and a tenanted 1-bedroom in the attic. The property has the potential to generate over 75,000 in annual gross rental income, with all units featuring separate metering, ensuring tenants pay their own hydro, boosting the bottom line for an incoming buyer. Recent upgrades to the stairs at the rear of the property, as well as the fencing in the back and roof (reshingled 2022). Stainless steel appliances are featured in all but the basement unit, ensuring modern appeal for tenants and reducing turnover. With six parking spaces, an in-suite laundry, and a centralized location, the property offers unmatched convenience for tenants. Located in the vibrant Lansdale neighbourhood, the property is close to schools and steps from transit and the future LRT. Whether you're expanding your portfolio or looking for a new low-maintenance investment with long-term upside potential, 480 King William is what you've been waiting for.

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Property

  • Status: Sale

  • Property Type: Fourplex

  • Style: 2 1/2 Storey

  • Size (sq ft): 1500

  • Age: 100+

  • Area: Hamilton

  • Community: Landsdale

  • Availability Date: ASAP

Inside

  • Bedrooms: 4

  • Bedrooms Plus: 1

  • Bathrooms: 4

  • Kitchens: 3

  • Kitchens Plus: 1

  • Rooms: 14

  • Den/Family Room: Yes

  • Air Conditioning: Central Air

  • Fireplace: No

  • Washrooms: 4

Building

  • Basement: Apartment

  • Basement 2: Fin W/O

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Vinyl Siding

  • Elevator: N

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Front Yard

  • Garage Type: None

  • Covered Parking Spaces: 6

  • Total Parking Spaces: 6

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 18, PL 43 , AS IN VM2325, LYING N OF KING ST. BTN WENTWORT

  • Taxes: $4,371

Highlights

  • Feature: Public Trans

  • Feature: School

Land

  • Cross Street: 403 To Main St West

  • Municipality District: Hamilton

  • Fronting On: South

  • Parcel Number: 171800115

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 108.5 Feet

  • Lot Frontage: 28.58 Feet

  • Zoning: R1A

Additional Media

  • Virtual Tour: https://unbranded.youriguide.com/480_king_william_st_hamilton_on/

Rooms

Room details for 480 King William Street, Hamilton

Type Dimensions
Bathroom Main 3.05 x 2.01
Prim Bdrm Main 4.85 x 2.98
Kitchen Main 5.42 x 3.04
Living Main 4.35 x 3.04
Bathroom 2nd 1.99 x 2.16
Prim Bdrm 2nd 3.16 x 3.07
2nd Br 2nd 2.99 x 3.05
Kitchen 2nd 4.11 x 2.88
Bathroom 3rd 2.50 x 1.40
Prim Bdrm 3rd 4.10 x 3.48
Bathroom Bsmt 1.50 x 2.53
Prim Bdrm Bsmt 4.65 x 2.78
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Map of 480 King William Street, Hamilton
JK-8

Sacred Heart of Jesus Catholic Elementary School

Elementary: Catholic
1.30 km
JK-8

St. Patrick Catholic Elementary School

Elementary: Catholic
0.52 km
JK-8

St. Brigid Catholic Elementary School

Elementary: Catholic
0.49 km
JK-8

George L Armstrong Public School

Elementary: Public
1.39 km
JK-8

Dr. J. Edgar Davey (New) Elementary Public School

Elementary: Public
1.04 km
JK-8

Cathy Wever Elementary Public School

Elementary: Public
0.54 km
9-12

King William Alter Ed Secondary School

Secondary: Public
0.93 km
9-12

Turning Point School

Secondary: Public
1.69 km
9-12

Vincent Massey/James Street

Secondary: Public
3.13 km
9-12

St. Charles Catholic Adult Secondary School

Secondary: Catholic
2.55 km
Pre-Grade 9-12

Sir John A Macdonald Secondary School

Secondary: Public
2.11 km
9-12

Cathedral High School

Secondary: Catholic
0.45 km

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