2342 King St E, Hamilton

$1,700,000

9 + 1 Bed, 8 Bath, 2-Storey home is located near Parkdale Ave. S. & King St. E. in Glenview.

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.

2342 King St E, Hamilton is a 9 + 1 bedroom, 8 bathroom residential 2-Storey multiplex home. 2342 King St E, Hamilton is conveniently located in the Glenview neighbourhood of Hamilton Ontario. 2342 King St E, Hamilton is an MLS®-Listed home with an asking price of $1,700,000. This residential property has been listed on ctfrealty.com for 1 days. Based on the Listing Price of 2342 King St E, Hamilton, the estimated monthly mortgage payment would be $8,214. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 2342 King St E, Hamilton are approximately $16,476/year based on 2024 assessment.

This 2-Storey multiplex home located at 2342 King St E, Hamilton features a Brick exterior. The lot size of this North facing property is 47 x 125 feet. The property has 8 parking spaces. The home has Gas fueled Water heating.

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List your home for sale or rent on MLS®

Plan starts from as low as $100 to list your property for sale or rent. Listing on MLS® system increases the visibility to potential buyers. Apart from www.Realtor.ca, your property will also be advertised on entire network of our own websites as well as multiple other websites like Point2Homes.com, Ovlix.com, Microsoft Bing and many more.

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Property

  • Mortgage (est): $8,214
  • Taxes: $16,476/year
  • Lot Size: 47 x 125
  • Age: Ask us

Building

  • Fronting: North
  • Exterior: Brick
  • Basement: Finished Walk out
  • Parking: 8 Space
  • Garage: None

Utilities

  • Heat: Water
  • Hydro: Ask us
  • Gas: Ask us
  • Sewers: Sewers
  • Water: Municipal

Extras

  • Air Condition: Ask us

Room Size Level Features

 
 
 
 

Mortgage Amount:

Down Payment Amount:

Monthly Mortgage Payment:

This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%.