316 King St W

Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment) intrendy Corktown steps to public transit, GO Station, mountain access & James Street amenities. Buildingcurrently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro, Upper Unit: $1,900 + hydro, Lower Unit:$1,400 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44% cap rate with 20% downat a 4.99% interest rate (30 year amortization) with current rents & liabilities in place. Building features anew furnace, newer roof, luxury vinyl plank flooring, quartz countertops and stainless steel appliances. Eachunit boasts large floor plans with great flow. Upper unit is complete with soaring ceiling heights, exposedbrick & a private patio area. Main floor is a large 800 sqft, one bedroom apartment with an additional privatepatio area. Basement apartment has a private separate entrance with a walk-out to the side yard. All units areoccupied by single tenants. ***Can be packaged with property next door (25 Grove St), to allow for 6 unitpurchase***. Book your showing today! VACANT POSSESSION OF BASEMENT UNIT AS OF DEC 1ST, 2024.

Rare legal triplex perfectly situated in a prime Hamilton Mountain location! This unique property offers a fantastic investment opportunity with three separate units on an oversized lot, just moments away from essential amenities. The main floor unit features a spacious layout with two bedrooms, a full bathroom, and convenient laundry facilities - this unit could easily be split to add a 4th unit. On the upper level, you'll find two additional units, each offering one bedroom and one bathroom. The property also includes a detached garage that generates additional revenue, enhancing the investment appeal. Vacant possession will be provided on closing! Don't miss out on this rare opportunity to own a lucrative rental property.

This beautifully renovated two-family home is a rare find in one of Hamilton's most desirable neighbourhoods. Perfect for multi-generational living or as an owner-occupied rental, this property offers an upscale lifestyle combined with a unique investment opportunity. With modern finishes, two separately metered units, parking for up to 3 vehicles, and triplex dwelling permitted under the R1a zone, this home provides both immediate rental income and long-term value. If you're seeking a refined residence and prime income-generating property, this home delivers. Inside, you'll find two custom kitchens with brand-new appliances, in-suite laundry in both units, and new HVAC systems with climate control for each floor. Updated plumbing, electrical, and some windows. New roof in 2023. There's no rental equipment, which means significant long-term savings for the owner. Main Floor Unit: This bright and airy unit features an open-concept kitchen and family room, with large windows overlooking the front porch. The modern kitchen has a quartz island and stainless appliances. This unit includes 1+1 bedrooms and a spacious bathroom with a walk-in shower. You'll also have access to a cozy back porch and rear parking. Upper Unit: Very spacious, spanning two levels, this unit boasts a large kitchen with an oversized island, perfect for entertaining or family meals. The open layout flows into the family room. On the second floor, there are two bedrooms and full bathroom. The third-floor primary suite offers a private retreat with en-suite bathroom with a walk-in shower and versatile space for a den, nursery, or gym. Added Income Potential: The empty basement provides options for storage or can be easily transformed into a 2-bedroom rental unit. Prime location! Just steps from a bus stop, shopping and King Street. Minutes to McMaster University, Highway 403, and historic Dundurn Castle. This home perfectly blends modern living and convenience with a smart investment. A must - see.

Welcome to 147 Elgin Sta prime investment opportunity in the heart of Hamiltons Lansdale/Beasley neighbourhood. This well-maintained triplex offers excellent income potential with three unique units: Main Floor: Spacious 3-bedroom, 2-bath unit with a walk-out deck. Second Floor: Bright 1-bedroom, 1-bath unit with a balcony overlooking downtown Hamilton and access to a third-floor attic space. Basement: Another well-appointed 1-bedroom, 1-bath unit. Shared laundry is conveniently accessible through the side entrance. Additionally, the property includes a detached two-story garage, currently rented separately, with the potential to be converted into a laneway suite. Don't miss out on this exceptional investment! Schedule a showing today!