Homes for sale - 480 KING WILLIAM STREET, Hamilton (landsdale), ON ...

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Kevin Hollohan

kevin@506realty.ca +1(506) 447-2896

$ 1,100,000

Est. payment | -/mo

5 Beds

4 Baths

1,499 SqFt

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$ 1,100,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

4 Baths

1,499 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,499 sqft

Price per Sqft $733

Subdivision Landsdale

MLS® Listing ID X11892618

Bedrooms 5

Originating Board Toronto Regional Real Estate Board

Property Description

Turn-Key, Cash Flow Positive Multiplex in Lansdale! Attention savvy investors: 480 King William St is the perfect blend of strong income potential and a prime location. This legal triplex with a non-conforming fourth unit operates as four self-contained rental units and boasts impressive features to attract tenants and maximize returns. The unit mix includes a vacant 1-bedroom in the basement, a tenanted 1-bedroom on the main floor (with one parking space included), a vacant 2-bedroom on the second floor, and a tenanted 1-bedroom in the attic. The property has the potential to generate over 75,000 in annual gross rental income, with all units featuring separate metering, ensuring tenants pay their own hydro, boosting the bottom line for an incoming buyer. Recent upgrades to the stairs at the rear of the property, as well as the fencing in the back and roof (reshingled 2022). Stainless steel appliances are featured in all but the basement unit, ensuring modern appeal for tenants and reducing turnover. With six parking spaces, an in-suite laundry, and a centralized location, the property offers unmatched convenience for tenants. Located in the vibrant Lansdale neighbourhood, the property is close to schools and steps from transit and the future LRT. Whether you're expanding your portfolio or looking for a new low-maintenance investment with long-term upside potential, 480 King William is what you've been waiting for. (id:24570)

Location

Province ON

Rooms

Extra Room 1 Second level 2.16 m X 1.99 m Bathroom

Extra Room 2 Second level 3.07 m X 3.16 m Primary Bedroom

Extra Room 3 Second level 3.05 m X 2.99 m Bedroom 2

Extra Room 4 Second level 2.88 m X 4.11 m Kitchen

Extra Room 5 Third level 1.4 m X 2.5 m Bathroom

Extra Room 6 Third level 3.48 m X 4.1 m Primary Bedroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer

Listed by ROYAL LEPAGE SIGNATURE REALTY

+1(506) 447-2896

kevin@506realty.ca

480 KING WILLIAM STREET Hamilton (landsdale), ON L8L1R3