For sale 50$799,000
342 King William Street
Landsdale, Hamilton, Ontario L8L1P3
For sale· Added
About this home
Excellent Investment Opportunity in Hamilton! Offered for sale by a long-term owner retiring, this renovated and upgraded property featuring legal duplex with an existing three-unit layout. This versatile property offers very good cash flow potential and opportunities to further maximize rental income. Very Bright and inviting throughout, the home features plenty of windows that fill the living spaces with lots of natural light.The upper unit features 4 bedrooms, 2 bathrooms, ensuite laundry, 1 Family Room (Can be used as a bedroom), and a roughed-in kitchen area currently configured as a bedroom, offering potential for a fourth unit. The main unit features 2 bedrooms, 1 family room (which can be used as a 3rd bedroom), and 1 bathroom, while the lower unit offers 1 bedroom and 1 bathroom. All three existing units have separate kitchens, providing independent living spaces and flexible rental possibilities. Recent Updates: Roof (2025), furnace (2024), and hot water tank (2023). With no existing rental contracts, very low expenses, and vacant possession, the new owner has the flexibility to further customize the home or establish their own tenancy arrangements at current market rents.Additional highlights include 3 separate hydro meters and approximately $75,000 in potential gross annual rental income with all three units, making this an attractive opportunity for investors seeking strong cash flow and long-term investment potential.Conveniently located in downtown Hamilton, the property is close to public transit, shopping, restaurants, and everyday amenities.A great opportunity to acquire a bright, versatile, multi-unit investment property with excellent income potential!
Location
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Property details
Listing
- MLS® number
- X14089868
- Added
- Oct 17, 2026 ()
- Updated
- Oct 17, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Other
- Storeys
- 2.5
Inside
- Bedrooms
- 6+1
- Bathrooms
- 4
- Heating
- Forced air, Natural gas
- Cooling
- None
- Fireplace
- Yes
- Appliances
- Washer, Refrigerator, Stove, Dryer
Building
- Basement
- Finished, Separate entrance
- Exterior
- Brick
- Foundation
- Concrete
- Parking
- No Garage · 1 space
Land
- Lot size
- 30 x 50.6 ft
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- King and Victoria
Running costs
- Annual property tax (2026)
- $3,909
Rooms
| Bedroom | Third level | 4.46 x 3.06 m |
| Dining room | Ground level | 3.25 x 4.53 m |
| Bedroom | Basement | 2.85 x 3.41 m |
| Dining room | Basement | 2.99 x 6.47 m |
| Bedroom 2 | Third level | 3.61 x 3.73 m |
| Family room | Second level | 3.74 x 3.38 m |
| Bedroom | Second level | 3.26 x 2.97 m |
| Bedroom 2 | Second level | 3.44 x 3.37 m |
| Kitchen | Second level | 3.26 x 5.39 m |
| Family room | Ground level | 3.69 x 3.41 m |
| Bedroom | Ground level | 3.42 x 2.52 m |
| Bedroom 2 | Ground level | 2.51 x 3.4 m |
| Kitchen | Ground level | 2.49 x 2.79 m |
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