526 King Street E, Hamilton, ON L8N 1E2
Hamilton, ON, L8N 1E2 · Landsdale
About this property
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: 1-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!
Features & Amenities
- Basement: Finished, Full
- Garage: None
- Cooling: Wall Unit(s)
- Heat Type: Baseboard
- Heat Source: Electric
- Style: 3-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 3-Storey |
| Bedrooms | 7 |
| Bathrooms | 5 |
| Lot Size | 3,122 Feet |
| Basement | Finished, Full |
| Garage | None |
| Parking Spaces | 4 |
| Heat Type | Baseboard |
| Heat Source | Electric |
| Cooling | Wall Unit(s) |
| Sewer | Sewer |
| Annual Tax | $4,516 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Carpet Free
Exterior Features
- Exterior Features
- Porch
- Pool Features
- None
Building & Construction
- Architectural Style
- 3-Storey
- Construction Materials
- Brick
- Foundation Details
- Stone
- Roof
- Asphalt Shingle
- Basement
- Finished, Full
- Approximate Age
- 100+
Heating & Cooling
- Heat Type
- Baseboard
- Heat Source
- Electric
- Cooling
- Wall Unit(s)
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 4
- Parking Total
- 4.00
- Parking Features
- Front Yard Parking
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 3121.53
- Lot Size Units
- Feet
- Lot Depth
- 118.22
- Lot Width
- 27.00
- Lot Irregularities
- 118.27ft.x 27.0ft.x 118.22ft. x 25.98ft.
Community & Neighborhood
- Property Features
- Fenced Yard, Hospital, Library, Park, Public Transit, School
Financial & Tax
- Tax Annual Amount
- $4,516
- Tax Year
- 2026
- Tax Assessed Value
- $290,000
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 13
- Rooms Below Grade
- 5
- Kitchens Above Grade
- 3
- Kitchens Total
- 4
- Bedrooms Above Grade
- 5
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Hamilton
- Cross Street
- King ST E and Wentworth St S
- Directions
- West from Wentworth St S and East of Victoria Ave North
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
526 King Street E, Hamilton, ON L8N 1E2, Hamilton, ON, L8N 1E2