526 King ST E, Hamilton, ON L8N 1E2
526 King ST E, Hamilton, ON L8N 1E2
526 King ST E, Hamilton, ON L8N 1E2
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John Cornwell

John Cornwell

+1(647) 527-5873
$925,000
Est. payment /mo
5 Beds
5 Baths
3,122 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Landsdale

MLS Listing ID X13872086

Style 3-Storey

Bedrooms 5

Annual Tax Amount $4,515

Tax Year 2026

Lot Size 3,122 Sqft

Property Sub-Type Multiplex

Property Description

ATTENTION ALL INVESTORS & SMART BUYERS! Exceptional turn-key opportunity generating over $6,300/month in gross income! Located in a high-growth corridor, 526 King St E is a legal triplex featuring a 4th basement unit for maximized cash flow. Meticulously updated, 3 of the units boast reimagined layouts with premium modern finishes, including new flooring, crisp new cabinetry, and brand-new windows. Property Layout: Main Floor: 2-Bedroom Unit, Second Floor: 2-Bedroom Unit, Third Floor: 1-Bedroom Unit, Basement: 1-Bedroom Unit. Investor Highlights: Separate Metering: 4 Hydro Meters keep utility overhead remarkably low. Abundant Parking: Rare 4-car parking (2 front + 2 back). Low Maintenance: Fully updated interior & exterior for hands-off management. Immediate Income: 3 units currently occupied by quality tenants. Location & Future Growth: Unbeatable access to public transit, local amenities, and the GO Station. Take full advantage of Hamilton's anticipated Light Rail Transit (LRT) expansion, driven to significantly accelerate property appreciation. Unmatched Exit Strategy: Flexible TOC1 (Transit Oriented Corridor) Zoning permits a wide array of high-density residential and commercial uses-providing dynamic upside and multiple exit options for future redevelopment. Whether adding a cash-flow asset to your portfolio or house-hacking your way to financial freedom, this high-yield property is a rare find. Book your showing today!

Location

Province ON

County Hamilton

Area Hamilton

Rooms

Family Room Yes

Basement Finished, Full

Kitchen 4

Separate Den/Office 2

Interior

Interior Features Carpet Free

Cooling Wall Unit(s)

Fireplace No

Heat Source Electric

Exterior

Exterior Feature Porch

Parking Features Front Yard Parking

Pool None

Roof Type Asphalt Shingle

Topography Flat

Lot Frontage 27.0

Lot Depth 118.22

Total Parking Spaces 4

Building

Building Age 100+

Unit Features Fenced Yard,Hospital,Library,Park,Public Transit,School

Foundation Stone

Others

Security Features Security System

ParcelsYN Yes

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Listed by Royal LePage Real Estate Associates

NEARBY SCHOOL & BUSINESS

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John Cornwell

John Cornwell

+1(647) 527-5873

REALTOR®

REALTOR®

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