$1,100,000
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480 King William Street, Hamilton (landsdale), ON L8L1R3

5 Beds
4 Baths
1,500 Sq Ft

Turn-Key, Cash Flow Positive Multiplex in Lansdale! Attention savvy investors: 480 King William St is the perfect blend of strong income potential and a prime location. This legal triplex with a non-conforming fourth unit operates as four self-contained rental units and boasts impressive features to attract tenants and maximize returns. The unit mix includes a vacant 1-bedroom in the basement, a tenanted 1-bedroom on the main floor (with one parking space included), a vacant 2-bedroom on the second floor, and a tenanted 1-bedroom in the attic. The property has the potential to generate over 75, 000 in annual gross rental income, with all units featuring separate metering, ensuring tenants pay their own hydro, boosting the bottom line for an incoming buyer. Recent upgrades to the stairs at the rear of the property, as well as the fencing in the back and roof (reshingled 2022). Stainless steel appliances are featured in all but the basement unit, ensuring modern appeal for tenants and reducing turnover. With six parking spaces, an in-suite laundry, and a centralized location, the property offers unmatched convenience for tenants. Located in the vibrant Lansdale neighbourhood, the property is close to schools and steps from transit and the future LRT. Whether you're expanding your portfolio or looking for a new low-maintenance investment with long-term upside potential, 480 King William is what you've been waiting for. (id:55598)

  • MLS® X11892618
  • Date Listed12/13/2024
  • Days on Realty 8 Days
  • Bedrooms 5
  • Bathrooms 4 baths
  • Lot Size -
  • Sewer Other
  • Subdivision Landsdale
  • Property Type Quadruplex
  • Water Public
  • Square Feet 1,500 sq. ft
  • Price Per Sq. Ft $733.34

Interior Features

  • Appliances Water Heater, Dishwasher, Dryer, Hood Fan, Range, Refrigerator, Stove, Washer
  • Cooling Central Air Conditioning
  • Heating Forced Air, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / L8L1R3

Source: Walkscore

94/100

Walker's Paradise

Walk Score ®

64/100

Good Transit

Transit Score ®

76/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

20 nearby routes: 20 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 59/100, Transit Score: 50/100, Bike Score: 55/100.

Points of interest near 480 KING WILLIAM STREET, Hamilton (Landsdale), ON L8L1R3

Frequently Asked Questions for 480 KING WILLIAM STREET

Source: Realty.com

480 KING WILLIAM STREET, Hamilton (Landsdale), ON L8L1R3 is a Quadruplex, Residential property listed for $1,100,000 The property is 1500 sq. ft with 5 bedrooms and 4 bathrooms

The full address for this home is 480 KING WILLIAM STREET, Hamilton (Landsdale), ON L8L1R3.

480 KING WILLIAM STREET has been listed on Realty.com since Fri December 13, 2024

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 59/100, Transit Score: 50/100, Bike Score: 55/100.

Listing provided courtesy of: ROYAL LEPAGE SIGNATURE REALTY (tel: (905) 568-2121)
Listing agent: MATT GREINER MATT GREINER (tel: (905) 568-2121)

This content last refreshed on 2024-12-21 02:57:19. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 480 KING WILLIAM STREET, Hamilton (Landsdale), ON L8L1R3 : MLS® X11892618