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$849,000Asking Price

417 King St W

Strathcona, Hamilton

Triplex
5
Bedrooms
3
Baths
0
Parking
Days on Market

INVEST IN THE WEST Hamilton, Well-maintained brick income property featuring three sizable units, including two 2-bedroom apartments and one 1-bedroom . Perfectly zoned for a residential triplex. Prime location for either rental income or a personal residence, with excellent proximity to downtown, shopping centers, local parks. Situated on a key bus line and just a minute from freeway entrances. The property is move-in ready with three separate Furnace systems, updated electrical panels, and a fire escape with deck areas. Numerous upgrades have been completed since 2020. There's also roughed in plumbing in the basement for potential expansion. Units 1 and 3 are rented to reliable tenants keen on extending their leases. An excellent opportunity for a solid long-term investment.

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INVEST IN THE WEST Hamilton, Well-maintained brick income property featuring three sizable units, including two 2-bedroom apartments and one 1-bedroom . Perfectly zoned for a residential triplex. Prime location for either rental income or a personal residence, with excellent proximity to downtown, shopping centers, local parks. Situated on a key bus line and just a minute from freeway entrances. The property is move-in ready with three separate Furnace systems, updated electrical panels, and a fire escape with deck areas. Numerous upgrades have been completed since 2020. There's also roughed in plumbing in the basement for potential expansion. Units 1 and 3 are rented to reliable tenants keen on extending their leases. An excellent opportunity for a solid long-term investment.

Key Info

  • 2.5-Storey Triplex
  • No Parking
  • No Garage
  • King St and Pearl
  • 2500-3000 Approximate Sq Feet
  • Forced Air Gas Heating
  • Central Air

Property

  • Taxes were $5,183 in 2024
  • Possession: Flexible

Details

  • Brick Exterior
  • No Fireplace
  • 3 Kitchens
  •  
  • MLS #X11955683
  • RE/MAX ESCARPMENT LEADEX REALTY

Extras

Room Floor Dimensions Details
1 Living Room Main 14.17' x 12.40'
2 Kitchen Main 14.17' x 4.99'
3 Bedroom Main 13.68' x 10.76'
4 Bedroom Main 13.68' x 10.76'
5 Bedroom Main 10.33' x 7.15'
6 Bathroom Main 4-PieceBath
7 Kitchen 2nd 6.43' x 7.74'
8 Bedroom 2nd 12.34' x 9.42'
9 Bathroom 2nd 4-PieceBath
10 Bedroom 2nd 11.25' x 7.41'
11 Living Room 2nd 17.65' x 15.68'
12 Kitchen 3rd 14.57' x 6.76'
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on 2nd Floor
Washroom1 4-Piece Bathroom on 3rd Floor

Who lives here?

Strathcona, Hamilton is a west GTA neighbourhood notable for its singles, renters, university grads and education, law & public sector professionals. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of adults aged 25 to 44.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

60% of residents are
single and loving it.

60% singles

Hamilton (46%)

Renters

59% of residents
are renters.

59% renters

Hamilton (32%)

Education

36% of residents are
university grads.

36% university grads

Hamilton (28%)

Income

Average Household Income

$71K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions

Sales 13%
Government 9%
Business 8%
Trades 6%
Management 5%

Immigrants

33% of residents were
born outside of Canada.

33% immigrants

Hamilton (25%)

Birthplace - All

Vietnam was once home to 2.3% of immigrants.
UK 2.3%
Somalia 1.9%
Syria 1.6%
Philippines 1.6%

2.3% from Vietnam
All-time

Birthplace - Recent

Syria was once home to 0.4% of immigrants.
Philippines 0.3%
China 0.3%
Central Africa 0.2%
Somalia 0.2%

0.4% from Syria
Recent

Foreign Languages

Foreign Languages

Arabic 3%
Portuguese 3%
Somali 3%
Vietnamese 2%
French 2%

Religions

Religions

Christian 55%
Muslim 9%
Buddhist 3%
Sikh 1%