526 King Street E, Hamilton

$925,000
526 King Street E

$925,000

New
17d
Multiplex3-Storey

526 King Street E, Hamilton

Total Monthly Obligation $4,483

Beds
7
Baths
5
Park
4
Sqft
2500-3000
DOM
17d
Property Type-Multiplex
MLS® Number-X13872086
Beds-7
Bathrooms-5
Size-2500-3000 sqft
Lot Size-27 × 118.22 ft
Listed on site-Oct 6, 2026
Style-3-Storey
Building Type-Multiplex
Age-100+
Taxes-$4,515.98 (2026)
Parking-4 - None
Basement-Finished, Full
Heating-Baseboard (Electric)
Brokerage-Royal LePage Real Estate Associates
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Landsdale
Title-Residential Freehold

No agent assigned

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!

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Closing Costs

Mortgage Amount
$740,000
Land Transfer Taxes$14,975
Legal Fees (Est.)
$
Total cash required for closing$201,475

Total Monthly Obligation

$4,483/mo
Mortgage $3,731
Monthly Loss $3,501
Principal$982
Interest$2,749
Property Tax$376
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 526 King Street E

Time

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