Hamilton, ON L8M 1C8,1024 King ST E
Hamilton, ON L8M 1C8,1024 King ST E
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$ 2,399,000
Est. payment | /mo

13 Beds

12 Baths


Save
$ 2,399,000
Est. payment | /mo
Save

13 Beds

12 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Stipley

MLS Listing ID X12561422

Style 3-Storey

Bedrooms 13

Annual Tax Amount $23,412

Tax Year 2025

Property Sub-Type Multiplex

Property Description

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.

Location

Province ON

County Hamilton

Area Hamilton

Rooms

Family Room No

Basement Finished

Kitchen 12

Interior

Interior Features Water Heater

Cooling Wall Unit(s)

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Flat

Lot Frontage 49.58

Lot Depth 111.16

Total Parking Spaces 5

Building

Foundation Concrete

Others

ParcelsYN No

Listed by Royal Lepage Real Estate Associates
Mahesh Khatri

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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1024 King ST E