342 KING WILLIAM STREET Hamilton

342 KING WILLIAM STREET, Hamilton, Ontario

$799,000

  • 7 Beds
  • 4 Bath
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! (id:50004)
  • Listing ID: X14089868
  • Property Type: Multi-family

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Rooms

LevelTypeDimensions
Second LevelFamily Room3.74 m x 3.38 m
Second LevelBedroom3.26 m x 2.97 m
Second LevelBedroom 23.44 m x 3.37 m
Second LevelKitchen3.26 m x 5.39 m
Third LevelBedroom4.46 m x 3.06 m
Third LevelBedroom 23.61 m x 3.73 m
BasementBedroom2.85 m x 3.41 m
BasementDining Room2.99 m x 6.47 m
Ground LevelDining Room3.25 m x 4.53 m
Ground LevelFamily Room3.69 m x 3.41 m
Ground LevelBedroom3.42 m x 2.52 m
Ground LevelBedroom 22.51 m x 3.4 m
Ground LevelKitchen2.49 m x 2.79 m

Details

  • Parking Spaces: 1
  • Transaction: For sale

Building

  • Appliances: Dryer, Stove, Washer, Refrigerator
  • BasementType: N/A, N/A (Finished)
  • Basement Development: Finished
  • Basement Features: Separate entrance
  • Bedrooms Main Level: 6
  • Bedrooms Lower Level: 1
  • Cooling: None
  • Exterior Finish: Brick
  • Fireplace Present: True
  • Foundation: Concrete
  • Bathrooms (Total): 4
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2000 - 2500 sqft
  • Stories Total: 2.5
  • Type: Other
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 30 ft
  • Size Irregular: 30 x 50.6 FT

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    This property for sale is located at 342 KING WILLIAM STREET in Hamilton. It was last modified on October 17th 2026.
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