342 King William Street, Hamilton (Landsdale), Ontario

$799,000

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7

Beds

4

Baths

About 342 King William Street

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! (id:6289)

More Info on this Landsdale Other MLS® listing

342 King William Street is an other listing for sale in Hamilton (Landsdale). The MLS® number is X14089868. It features 7 bedrooms, 4 bathrooms. It's currently listed for $799,000. For more details on MLS® X14089868, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This other listing in Landsdale is available now!

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Features of 342 King William Street

Listing # X14089868
Price $799,000
Bedrooms 7
Bathrooms 4.00
Type Multi-family
Sub-Type Other

Community Information

Address 342 King William Street
Area Landsdale
Subdivision Landsdale
City Hamilton (Landsdale)
Province Ontario
Postal Code L8L1P3

Amenities

Parking Spaces 1
Parking No Garage
Garages No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Washer, Refrigerator, Stove, Dryer
Heating Forced air, Natural gas
Cooling None
Fireplace Yes
# of Stories 3
Has Basement Yes
Basement Finished, Separate entrance, N/A, N/A

Exterior

Exterior Brick
Lot Description 30 x 50.6 FT
Foundation Concrete

Listing Details

OfficeHOMELIFE EXCELSIOR REALTY INC.

Listing Map

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