$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
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
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
Estimated mortgage payment
$4,096 per month
- Principal and interest
- $4,096
- Property tax
- $376
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $199,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
This photo could not be loaded.