$1,700,000
Available - For Sale
Listing ID: X11908988
2342 King St East , Hamilton, L8K 1X7, Ontario


Prime value-add opportunity! This 8-unit apartment building offers tremendous upside, with the potential to add a 9th unit for increased cash flow. With 3 vacant units, this property presents immediate potential to set market rents and optimize tenant mix. Each unit is separately metered for hydro, giving you flexibility to minimize expenses. The property features 8 outdoor parking spaces to enhance tenant convenience. With strategic upgrades and management, this property can be brought to its full potential in a high-demand rental market. A rare opportunity to create substantial value.
Price $1,700,000
Taxes: $16476.00
Address: 2342 King St East , Hamilton, L8K 1X7, Ontario
Lot Size: 47.00 x 125.00 (Feet)
Directions/Cross Streets: Parkdale Ave. S. & King St. E.
Rooms: 34
Bedrooms: 9
Bedrooms +: 1
Kitchens: 8
Family Room: N
Basement: Fin W/O
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 8
Pool: None
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Water
Central Air Conditioning: Window Unit
Central Vac: N
Sewers: Sewers
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
MYSAK REALTY INC.
Personal Picture
Sharon Soltanian
Broker Of Record
Dir:
416-892-0188
Bus:
416-901-8881
 
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At a Glance:
Type: Freehold - Multiplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Glenview
Style: 2-Storey
Lot Size: 47.00 x 125.00(Feet)
Approximate Age:
Tax: $16,476
Maintenance Fee: $0
Beds: 9+1
Baths: 8
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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