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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

FEATURED PROPERTIES
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$2,399,000
Available - For Sale
Listing ID: X12561422
Introducing 1024 King Street East, a solid and well-maintained 12-unit multifamily investment property located along one of Hamilton's most active transit corridors. This purpose-built apartment building features an attractive and balanced unit mix, consisting of three 2-bedroom units, seven 1-bedroom units, and two bachelor suites, appealing to a wide range of tenants and ensuring strong year-round demand. Ideally positioned in the evolving Gibson- Stipley Neighborhood, the property offers excellent access to local amenities, retail, restaurants, parks, transit, and major arterial routes leading directly into the downtown core. With consistent rental performance and significant upside potential through gradual modernization, this turnkey asset is perfectly suited for investors looking to grow or stabilize their multifamily portfolio in one of Hamilton's fastest-improving districts.
Price $2,399,000
Taxes: $23,412.08
Assessment Year: 2025
Occupancy by: Tenant
Address: 1024 King Street East , Hamilton, L8M 1C8, Hamilton
Directions/Cross Streets: King St E and Melrose
Rooms: 28
Bedrooms: 13
Bedrooms +: 0
Washrooms: 12
Family Room: F
Basement: Finished
No. of Pieces Level
Washroom 1 4
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 4
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 5
Pool: None
Approximatly Square Footage: 5000 +
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: Heat Pump
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Royal Lepage Real Estate Associates

1024 King Street East , Hamilton, L8M 1C8, Hamilton

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Stipley
Style: 3-Storey
Lot Size: x 111.16(Feet)
Approximate Age:
Tax: $23,412.08
Maintenance Fee: $0
Beds: 13
Baths: 12
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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