1316 King Street E, Hamilton, Ontario, Canada, L8M1H3

948,888
for Sale
4 + 1
5
2500-3000

About the property:

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.

Extra info:

Property has commercial zoning & could be converted to professional application (buyer to verify).Walk to Gage Park, Schools, Shopping District, Restaurants, Coffee Shops, Escarpment Trails, and Public Transit. Easy access to the Red Hill Valley Pkwy and QEW.

House features:

Property has commercial zoning & could be converted to professional application (buyer to verify).Walk to Gage Park, Schools, Shopping District, Restaurants, Coffee Shops, Escarpment Trails, and Public Transit. Easy access to the Red Hill Valley Pkwy and QEW.
Detached detached
Property Type:
Detached
Status:
for Sale
House Style:
detached
Bedrooms:
4 + 1
Bathrooms:
5
Land Size:
48.91 x 156.33 FT ; 157.86FT x 41.75 FT x 128.51 FT x 51.1
Central A/C:
Yes
Garage/Parking Type:
Private Triple
Garage Spaces:
2
Parking Places:
6
Heating Type:
Forced Air
Heating Fuel:
Gas
Cross Street:
KING & OTTAWA ST N/S (GAGE PAR
Exterior:
Brick
Basement:
Separate Ent, Separate Ent
Fronting On:
S
Possession Date:
Flex
Annual Property Taxes:
5,358.58
Listing ID:
X13834820

Rooms

Dimensions

Main
Foyer
3.87m x 1.75m Tile Floor
Living Room
5.23m x 4.59m Wood
Kitchen
3.95m x 3.68m Modern Kitchen B/I Dishwasher Centre Island
Breakfast
3.68m x 3.95m Breakfast Bar W/O To Yard Combined w/Kitchen
Bedroom
4.55m x 3.88m Wood Window
Office
3.0m x 2.78m Wood Closet Window
Laundry
1.6m x 1.32m
Second
Living Room
5.1m x 3.85m Wood Window
Kitchen
4.92m x 3.85m Modern Kitchen Breakfast Bar B/I Dishwasher
Primary Bedroom
4.89m x 3.2m Wood Closet Window
Bedroom
4.1m x 3.53m Wood Closet Window
Third
Living Room
5.8m x 3.9m Broadloom
Kitchen
3.94m x 3.17m Modern Kitchen Breakfast Bar B/I Dishwasher
Bedroom
3.1m x 2.17m
Basement
Laundry
4.99m x 4.59m 3 Pc Bath Unfinished
Locker
4.68m x 4.59m Combined w/Br
Brokered by:
RE/MAX Realty Specialists Inc.
Source: TRREB/PROPTX
Presented By:

Dana Horoszczak

Sales Representative

RE/MAX Realty Specialists Inc., Brokerage *