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MLS® X14089868
Hamilton, ON
Excellent Investment Opportunity in Hamilton! Offered for sale by a long-term owner retiring, this renovated and upgraded property featuring legal duplex 342 and 344 King William St 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 (2023), and hot water tank (2019). 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!
Inclusions
3 Stoves, 3 Fridges, 2x Fireplace, exisiting Washer/Dryer all as is condition
Broker
HOMELIFE EXCELSIOR REALTY INC.
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Multiplex
342 King William Street Hamilton
Hamilton
Type
Multiplex
Basement
Separate Entrance, Finished
Parking
None (1)
Property Tax
~$3,909/yr
Heating
Forced Air
Buying Essentials
Square Feet
2250 sqft
Facing Direction
South
Parking
None (1)
Finances
List Price
$799,000
Price per SQFT
$355/sqft
Property Tax
~$3,909/yr
Property Specs
Property Type
Multiplex
MLS Size
2250 sqft
Basement
Separate Entrance, Finished
Living & Amenities
Heating Type
Forced Air
Features
Other
Policies & Utilities
Neighbourhood
Hamilton
Listed On
Oct 17, 2026
Days on Market
Current: 21 days
14.6 x 10.0
147 sqft
3 Pc Ensuite, Double Closet
11.8 x 12.2
145 sqft
Fireplace
12.3 x 11.1
136 sqft
W/O To Balcony
10.7 x 9.7
104 sqft
Bay Window
11.3 x 11.1
125 sqft
Walk-Out
10.7 x 17.7
189 sqft
Fireplace, Window
12.1 x 11.2
135 sqft
Window, Closet
11.2 x 8.3
93 sqft
Closet, Window
8.2 x 11.2
92 sqft
Granite Counters
8.2 x 9.2
75 sqft
Window
10.7 x 14.9
158 sqft
Large Closet
9.4 x 11.2
105 sqft
Combined w/Kitchen, Combined w/Living
9.8 x 21.2
208 sqft
Rooms
13
Listed Room Area
1,712 sqft
Source
Estimated from MLS room dimensions
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