2342 King St E

Hamilton | Glenview | L8K 1X7
  • 9 + 1
  • 8
  • 0

$1,300,000

Est. Mtg $4,408 /mo
  • Days on market

    47

  • Status

    New

Listing Broker MYSAK REALTY INC.
Since listed: 2 views

Home details

MLS #:

X11996790

Property type:
Multiplex
Style:
2-Storey
Taxes:
$16,476
Possession:
Flex
Lot Front:
47.0   Feet
Lot Depth:
125.0   Feet
Basement:
Fin W/O |
Driveway Pkg:
8
Heat:
Gas | Water

Description


2342 King St E, , Hamilton, Ontario is a Multiplex property in Hamilton and in the Glenview community in the L8K 1X7 postal code


Prime value-add opportunity! This 8-unit apartment building offers tremendous upside, with the potential to add a 9th unit for increased cash flow. With 3 vacant units, this property presents immediate potential to set market rents and optimize tenant mix. Each unit is separately metered for hydro, giving you flexibility to minimize expenses. The property features 8 outdoor parking spaces to enhance tenant convenience. With strategic upgrades and management, this property can be brought to its full potential in a high-demand rental market. A rare opportunity to create substantial value..

Extras

.


History

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List Date End Date List Price End Price Status MLS #
2025-01 2025-03 $1,700,000 $1,700,000 Ter X11908988
2025-03 2025-03 $1,300,000 $1,300,000 New X11996790
2023-08 $2,500,000 $2,500,000 X5915140
2024-02 $2,150,000 $2,150,000 X6763384
2025-03 $1,700,000 $1,700,000 X11909029
2025-03 $1,300,000 $1,300,000 X11996786

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Hamilton :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 2342 King St E

Based on available 3rd party data

$5916

Approximate costs per month

Mortgage
$4408 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1373 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker MYSAK REALTY INC.
Data Source: TRREB

Payment calculator

$5781 monthly. In association with: TD Bank
%
  • Principal and Interest
    4408 /mo
  • Property Taxes
    $1373 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Darshan Kakar, Realtor

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