526 King Street E,Hamilton, ON L8N 1E2
Hamilton, ON L8N 1E2
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: 2-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!
Details
| MLS # | X13872086 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 25 |
| Listing Provided By | Royal LePage Real Estate Associates | X13872086 20027302 |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 5 |
| Basement | Y |
| Story(s) | 3 |
| Acreage | 0.07 |
Interior
| Interior Features | Carpet Free |
|---|---|
| Cooling | Wall Unit(s) |
| Heat Source | Electric |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Porch |
|---|---|
| Roof | Asphalt Shingle |
| Foundation Details | Stone |
| Topography | Flat |
| Construction Materials | Brick |
| Security Features | Security System |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Front Yard Parking |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 4515.98 |
|---|---|
| Tax Assessed Value | 290000 |
| Tax Legal Description | PT LT 13, PL 224 , PART 1 & 3 , 62R7065 CITY OF HAMILTON |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8N 1E2 |
| Area | Landsdale |
| Listing VS Median (in L8N 1E2) | |
Price: $925,000 low | high Med: $0 On site: 25 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8N 1E2 |
| Area | Landsdale |
| Listing VS Median (in L8N 1E2) | |
Price: $925,000 low | high Med: $0 On site: 25 low | high Med: | |
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