Br (3.06 × 4.46)
Level: 3rd
Landsdale, Hamilton, Ontario L8L 1P3
Excellent Investment Opportunity in Hamilton! Offered for sale by a long-term owner retiring, this renovated and upgraded property featuring legal duplex 342 and 344 King William St with an existing three-unit layout. This versatile property offers very good cash flow potential and opportunities to further maximize rental income. Very Bright and inviting throughout, the home features plenty of windows that fill the living spaces with lots of natural light.The upper unit features 4 bedrooms, 2 bathrooms, ensuite laundry, 1 Family Room (Can be used as a bedroom), and a roughed-in kitchen area currently configured as a bedroom, offering potential for a fourth unit. The main unit features 2 bedrooms, 1 family room (which can be used as a 3rd bedroom), and 1 bathroom, while the lower unit offers 1 bedroom and 1 bathroom. All three existing units have separate kitchens, providing independent living spaces and flexible rental possibilities. Recent Updates: Roof (2025), furnace (2023), and hot water tank (2019). With no existing rental contracts, very low expenses, and vacant possession, the new owner has the flexibility to further customize the home or establish their own tenancy arrangements at current market rents.Additional highlights include 3 separate hydro meters and approximately $75,000 in potential gross annual rental income with all three units, making this an attractive opportunity for investors seeking strong cash flow and long-term investment potential.Conveniently located in downtown Hamilton, the property is close to public transit, shopping, restaurants, and everyday amenities.A great opportunity to acquire a bright, versatile, multi-unit investment property with excellent income potential!
Buy/Sell history for 342 King William St, Hamilton, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $799,000 | N/A | For Sale | X14089868 |
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Level: 3rd
3 Pc Ensuite · Double Closet
Level: 3rd
Fireplace
Level: 2nd
W/O To Balcony
Level: 2nd
Bay Window
Level: 2nd
Walk-Out
Level: 2nd
Fireplace · Window
Level: Ground
Window · Closet
Level: Ground
Closet · Window
Level: Ground
Granite Counter
Level: Ground
Window
Level: Ground
Large Closet
Level: Bsmt
Combined W/Kitchen · Combined W/Living
Level: Bsmt
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Province of Ontario open data
Province of Ontario open data
Province of Ontario open data · Municipal transit open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Monthly Payment
$3,663
Total monthly payment
$3,989
Break-even down payment
100%
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$799,000
$799,000
CAD
Estimated market value
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