Maria Tompson, Sales Representative

Tony Tompson

Sales Representative

Century 21 Example Inc., Brokerage Independently owned and operated. 7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6 Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184

$749,000

Available - For Sale

Listing ID: X12166846

417 King Stre West , Hamilton, L8P 1B5, Hamilton

INVEST IN THE WEST Hamilton, Well-maintained brick income property featuring three sizable units, including two 2-bedroom apartments and one 1-bedroom . Perfectly zoned for a residential triplex. Prime location for either rental income or a personal residence, with excellent proximity to downtown, shopping centers, local parks. Situated on a key bus line and just a minute from freeway entrances. The property is move-in ready with three separate Furnace systems, updated electrical panels, and a fire escape with deck areas. Numerous upgrades have been completed since 2020. There's also roughed in plumbing in the basement for potential expansion. Units 1 and 3 are rented to reliable tenants keen on extending their leases.

Price	$749,000
Taxes:	$5183.00
Occupancy:	Tenant
Address:	417 King Stre West , Hamilton, L8P 1B5, Hamilton
Acreage:	< .50
Directions/Cross Streets:	King St and Pearl

Rooms:	11
Bedrooms:	5
Bedrooms +:	0
Family Room:	T
Basement:	Unfinished, Walk-Up

Level/Floor

Room

Length(ft)

Width(ft)

Descriptions

Room 1

Main

Living Ro

14.17

12.4

Room 2

Main

Kitchen

14.17

4.99

Room 3

Main

Bedroom

13.68

10.76

Room 4

Main

Bedroom

13.68

10.76

Room 5

Main

Bedroom

10.33

7.15

Room 6

Main

Bathroom

4 Pc Bath

Room 7

Second

Kitchen

6.43

7.74

Room 8

Second

Bedroom

12.33

9.41

Room 9

Second

Bathroom

4 Pc Bath

Room 10

Second

Bedroom

11.25

7.41

Room 11

Second

Living Ro

17.65

15.68

Room 12

Third

Kitchen

14.56

6.76

Washroom Type

No. of Pieces

Level

Washroom Type 1

Main

Washroom Type 2

Second

Washroom Type 3

Third

Washroom Type 4

Washroom Type 5

Washroom Type 6

Main

Washroom Type 7

Second

Washroom Type 8

Third

Washroom Type 9

Washroom Type 10

Total Area:

0.00

Property Type:	Triplex
Style:	2 1/2 Storey
Exterior:	Brick
Garage Type:	None
(Parking/)Drive:	None
Drive Parking Spaces:	0
Park #1
Parking Type:	None
Park #2
Parking Type:	None
Pool:	None
Approximatly Square Footage:	2500-3000

CAC Included:	N
Water Included:	N
Cabel TV Included:	N
Common Elements Included:	N
Heat Included:	N
Parking Included:	N
Condo Tax Included:	N
Building Insurance Included:	N
Fireplace/Stove:	N
Heat Type:	Forced Air
Central Air Conditioning:	Central Air
Central Vac:	N
Laundry Level:	Syste
Ensuite Laundry:	F
Sewers:	Sewer

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Other Debt:

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Amortization:

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GDS:

TDS:

Percent Down:
Down Payment	$37,450	$74,900	$112,350	$149,800
First Mortgage	$711,550	$674,100	$636,650	$599,200
CMHC/GE	$28,462	$20,897.1	$17,826.2	$0
Total Financing	$740,012	$694,997.1	$654,476.2	$599,200
Monthly P&I	$3,651.83	$3,429.69	$3,229.72	$2,956.94
Expenses	$0	$0	$0	$0
Total Payment	$3,651.83	$3,429.69	$3,229.72	$2,956.94
Income Required	$136,943.45	$128,613.19	$121,114.56	$110,885.39

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Your Payment:

$1,848.09

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.

RE/MAX ESCARPMENT LEADEX REALTY

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Type:	Freehold - Triplex
Area:	Hamilton
Municipality:	Hamilton
Neighbourhood:	Strathcona
Style:	2 1/2 Storey
Lot Size:	x 90.00(Feet)
Approximate Age:
Tax:	$5,183
Maintenance Fee:	$0
Beds:	5
Baths:	3
Garage:	0
Fireplace:	N
Air Conditioning:
Pool:	None

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