ATTENTION ALL INVESTORS & SMART BUYERS! Exceptional turn-key opportunity generating over $6,300/month in gross income! Located in a high-growth corridor, 526 King St E is a legal triplex featuring a 4th basement unit for maximized cash flow. Meticulously updated, 3 of the units boast reimagined layouts with premium modern finishes, including new flooring, crisp new cabinetry, and brand-new windows. Property Layout: Main Floor: 2-Bedroom Unit, Second Floor: 2-Bedroom Unit, Third Floor: 1-Bedroom Unit, Basement: 1-Bedroom Unit. Investor Highlights: Separate Metering: 4 Hydro Meters keep utility overhead remarkably low. Abundant Parking: Rare 4-car parking (2 front + 2 back). Low Maintenance: Fully updated interior & exterior for hands-off management. Immediate Income: 3 units currently occupied by quality tenants. Location & Future Growth: Unbeatable access to public transit, local amenities, and the GO Station. Take full advantage of Hamilton's anticipated Light Rail Transit (LRT) expansion, driven to significantly accelerate property appreciation. Unmatched Exit Strategy: Flexible TOC1 (Transit Oriented Corridor) Zoning permits a wide array of high-density residential and commercial uses-providing dynamic upside and multiple exit options for future redevelopment. Whether adding a cash-flow asset to your portfolio or house-hacking your way to financial freedom, this high-yield property is a rare find. Book your showing today! (id:2493)
Property Type:
Multi-family
Living Area (Min):
2,500 sq. ft.232 m2
Living Area (Max):
3,000 sq. ft.279 m2
Zoning:
TOC1
Taxes:
$4,515.98 /
2026
Community:
Landsdale
Exterior Features:
Brick
Security Features:
Security system
Structure Type:
Other
Appliances Included:
Washer, Refrigerator, Water meter, Stove, Dryer
Bedrooms:
7
Bedrooms Above Grade:
5
Bedrooms Below Grade:
2
Bathrooms:
5.0
Half Bathrooms:
1
Cooling:
Wall unit
Fireplace:
No
Floor finish:
Tile, Laminate
Foundation:
Stone
Heating:
Baseboard heaters, Forced air, Electric, Natural gas
# Storeys:
3.0
Water:
Municipal water
Sewer:
Sanitary sewer
Basement:
Finished, Full
Fence Type:
Fenced yard
Lot Frontage:
27'8.23 m
Lot Details:
27 x 118.2 FT ; 118.27ft.x 27.0ft.x 118.22ft. x 25.98ft.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.