Gurvinder Nokwal REALTOR®
For Sale Multiplex 12 days on market

$925,000

Est. payment $4,096/moCalculate yours

526 King Street E, Hamilton, ON L8N 1E2

Landsdale, Hamilton, ON L8N 1E2

  • 5 + 2 Beds
  • 5 Baths
  • 2,500 Sq Ft
Map

Listing courtesy of Royal LePage Real Estate Associates MLS® X13872086

About this home

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!

Property details

Overview

Property Type
Multiplex
Style
3-Storey
For
For Sale
Status
New
Approximate Age
100+
Size
2,500 sqft

Interior

Bedrooms
5 + 2
Bathrooms
5
Kitchens
4
Basement
Finished, Full

Building & Systems

Heating
Baseboard (Electric)
Cooling
Wall Unit(s)
Exterior
Brick
Foundation
Stone
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
27 x 118.22 Feet
Parking
None garage · 4 total
Zoning
TOC1

Financial

Property Taxes
$4,516 (2026)

Location

Neighbourhood
Landsdale
Cross Street
King ST E and Wentworth St S
Direction Faces
South

Listing

MLS® Number
X13872086
Days on Market
12
Listed On
2026-10-06
Possession
Flexible
Listed By
Royal LePage Real Estate Associates

Rooms

Room Level Dimensions
Recreation Basement 14′ 5″ × 11′ 4″
Bathroom Basement 8′ 6″ × 5′ 1″
Bedroom Second 10′ 5″ × 8′ 9″
Kitchen Third 12′ 0″ × 10′ 0″
Bathroom Main 8′ 0″ × 9′ 0″
Bedroom Third 12′ 1″ × 10′ 0″
Bedroom Second 9′ 9″ × 7′ 10″
Bathroom Second 9′ 0″ × 6′ 0″
Bedroom Main 12′ 0″ × 7′ 8″
Kitchen Main 12′ 1″ × 10′ 1″
Living Room Main 13′ 4″ × 12′ 4″
Bedroom Main 12′ 0″ × 7′ 1″
Bathroom Main 5′ 1″ × 5′ 1″
Kitchen Second 10′ 5″ × 9′ 8″
Laundry Basement 2′ 4″ × 2′ 4″
Bedroom Basement 8′ 9″ × 8′ 7″
Bathroom Third 9′ 0″ × 4′ 0″

Features

Interior

  • Carpet Free

Property

  • Fenced Yard
  • Hospital
  • Library
  • Park
  • Public Transit
  • School

Pool

  • None
Included
4 stoves, 4 fridges, 2 clothes washers, 2 clothes dryers, 1 washer/dryer stackable unit, 1 washer/dryer combo unit
Excluded
tenant belongings
Rental items
Hot Water tanks X 2

Mortgage calculator

Minimum for this price: $67,500 (7.3%)

Amortization, years

Estimated mortgage payment

$4,096 per month

Principal and interest
$4,096
Property tax
$376
Estimated monthly cost
$4,472

Your mortgage

Mortgage amount
$740,000
Mortgage insurance
Not needed
Interest over 25 years
$488,710

Cash to close

Down payment
$185,000
Land transfer tax
$14,975
Total, before legal fees
$199,975
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

526 King Street E, Hamilton, ON L8N 1E2 Landsdale, Hamilton, ON L8N 1E2
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$925,000 526 King Street E, Hamilton, ON L8N 1E2
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