Property Details

1024 KING STREET E, Hamilton (Stipley), Ontario, L8M1C8

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For sale, ID#: X12561422
1024 KING STREET E
Hamilton (Stipley) Ontario
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13 Beds
12 Bath
$2,399,000

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. (id:2471)

Representative
Rick Ostroff
Rick OstroffREALTOR®
HARVEY KALLES REAL ESTATE LTD. Brokerage - Toronto
Property Details
  • Property Address: 1024 KING STREET E, Hamilton (Stipley), Ontario, L8M1C8
  • Community Name: Stipley
  • Property Type: Multi-family
  • Lot Size: 49.6 x 111.2 FT
  • Acreage: 49.6 x 111.2 FT
  • Sewage Type: Sanitary sewer
  • Water Type: Municipal water
  • Driveway: No Garage
  • Total Parking Spaces: 5
Structure Details
  • Structure Style: Other
  • Storeys: 3
  • Floor Space: 5000 - 100000 sqft
  • Bedrooms: 13
  • Bathrooms: 12-Total
  • Basement Type: N/A (Finished)
  • Heating Type: Electric, Heat Pump
  • Cooling: Wall unit
  • Exterior Type: Brick
  • Foundation Type: Concrete
  • Appliances Included: Water Heater
Neighbourhood Information

Listing Office: Royal Lepage Real Estate Associates

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1024 KING STREET E, Hamilton (Stipley), Ontario, L8M1C8

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