$948,888
Available - For Sale
Listing ID: X13834820
1316 King Street East , Hamilton, L8M 1H3, Hamilton


Fabulous opportunity in the desirable Gage Park/Delta West neighbourhood! Welcome to this Fantastic 2,884 sf home with 3 self contained large apartments, set on a large 48ft x156ft lot. Beautifully updated over the last few years makes this property an excellent turnkey investment. An amazing Triplex also Zoned for Commercial Use. Enter the large main floor foyer and off the hallway find an independent office and 2-pc powder room perfect for anyone working from home, or as potential additional rental income for professional use. The main floor also features a 1-bedroom apartment with beautiful high ceilings, hardwood floors & stairs and gorgeous original restored gumwood trim wood details. The attractive spacious second-floor unit offers 2 large bedrooms and updated kitchen & bath, and an inviting large balcony off the second bedroom. On the third floor you come upon a 1-bedroom unit complete large open concept living & bedroom are with Juliette balcony and updated kitchen & bathroom. The basement offer access from main floor has well as a separate entrance to the side of the home and features large storage for tenants as well as other storage rooms for additional landlord use. The main basement area offers an additional laundry area and a large utility room with a 4-PC bathroom. Large 4 car driveway and detached oversized 2-car garage. 200amp breaker panel & electrical updates 2015. Plumbing updates 2015. Hi-Eff Furnace 2019. Hot water tank 2015. Insulation 2015. Some new window 2015. Basement waterproofing, weeping tile system, Delta MS foundation drainage board & sump pump in 2018. New 2nd floor deck floor 2023. Great Income with over 5% ROI. A fabulous opportunity not to miss.
Price $948,888
Taxes: $5358.58
Occupancy: Tenant
Address: 1316 King Street East , Hamilton, L8M 1H3, Hamilton
Directions/Cross Streets: KING & OTTAWA ST N/S (GAGE PARK)
Rooms: 12
Rooms +: 3
Bedrooms: 4
Bedrooms +: 1
Family Room: F
Basement: Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Foyer 12.69 5.74 Tile Floor
Room 2 Main Living Ro 17.15 15.06 Wood
Room 3 Main Kitchen 12.96 12.07 Modern Kitchen, B/I Dishwasher, Centre Island
Room 4 Main Breakfast 12.07 12.96 Breakfast Bar, W/O To Yard, Combined w/Kitchen
Room 5 Main Bedroom 14.92 12.73 Wood, Window
Room 6 Main Office 9.84 9.12 Wood, Closet, Window
Room 7 Main Laundry 5.25 4.33
Room 8 Second Living Ro 16.73 12.63 Wood, Window
Room 9 Second Kitchen 16.14 12.63 Modern Kitchen, Breakfast Bar, B/I Dishwasher
Room 10 Second Primary B 16.04 9.91 Wood, Closet, Window
Room 11 Second Bedroom 13.15 11.58 Wood, Closet, Window
Room 12 Third Living Ro 16.66 12.79 Broadloom
Room 13 Third Kitchen 12.92 10.4 Modern Kitchen, Breakfast Bar, B/I Dishwasher
Room 14 Third Bedroom 9.87 7.12
Room 15 Basement Laundry 16.37 15.06 3 Pc Bath, Unfinished
Washroom Type No. of Pieces Level
Washroom Type 1 2 Main
Washroom Type 2 3 Main
Washroom Type 3 3 Second
Washroom Type 4 3 Third
Washroom Type 5 3 Basement
Washroom Type 6 2 Main
Washroom Type 7 3 Main
Washroom Type 8 3 Second
Washroom Type 9 3 Third
Washroom Type 10 3 Basement
Total Area: 0.00
Property Type: Detached
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Private Tr
Drive Parking Spaces: 4
Park #1
Parking Type: Private Tr
Park #2
Parking Type: Private Tr
Pool: None
Approximatly Square Footage: 2500-3000
Property Features: Fenced Yard, Hospital
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REALTY SPECIALISTS INC.
Personal Picture
Sachi Patel
Broker
Dir:
647-702-7117
Bus:
6477027117
 
 Virtual Tour   Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Detached
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Delta
Style: 2 1/2 Storey
Lot Size: x 156.33(Feet)
Approximate Age:
Tax: $5,358.58
Maintenance Fee: $0
Beds: 4+1
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
$
%
%
Years