TerminatedMultiplex

2342 King Street

Name: 2342 King Street - Terminated May 2025
Brand: MYSAK REALTY INC.
Price: 1700000 CAD
Availability: OutOfStock

Hamilton - Glenview

2342 King Street

Hamilton - Glenview

$1,300,000

Listed For $1,700,000

Get Pre-approved

Terminated May 2025

9 + 1 Bedrooms Bedrooms

8 Bathrooms Bathrooms

0 Garage Garage

Description

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.

Key facts for 2342 King Street

Tax$16,476 / 2024

Property TypeMultiplex, 2-Storey

Lot Size125 x 47 Feet

Size5000 + ft²

ParkingNone Spaces, Total 8 Spaces

Parking FeaturesAvailable

BasementFinished with Walk-Out

Listing #X11996790

Days on Market--

Listing BrokerageMYSAK REALTY INC.

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

Mortgage Calculator

Home Price

Amortization

Interest Rate

Down Payment

* Values are estimates only and not a guarantee of lending or affordability.

Speak with a Mortgage Specialist

Cash Flow Analysis

Est. Mortgage Payment

$8,301/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$0.6% net yield

Net Monthly Cash Flow-$7,174

Compare with similar recently sold properties nearby

View on Map

View All PropertiesExplore more options

Inquire with Realtris

(866) 511-7171

info@realtris.ca

Looking for something like this?

Similar Properties

View All PropertiesExplore more options