417 KING Street
Hamilton, Ontario
5 bed • 2 bath • Multi-family
INVEST IN THE WEST Hamilton, Well-maintained brick income property featuring three sizable units, including two 2-bedroom apartments and one 1-bedroom . Perfectly zoned for a residential triplex. Prime location for either rental income or a personal residence, with excellent proximity to downtown, shopping centers, local parks. Situated on a key bus line and just a minute from freeway entrances. The property is move-in ready with three separate Furnace systems, updated electrical panels, and a fire escape with deck areas. Numerous upgrades have been completed since 2020. There's also roughed in plumbing in the basement for potential expansion. Units 1 and 3 are rented to reliable tenants keen on extending their leases. An excellent opportunity for a solid long-term investment
Price History
Schools
Elementary
- Strathcona Junior Public School0.5 km
Public · Hamilton-Wentworth DSB · 220 students
Grade 3 reading: 94% met the provincial standard
- Hess Street Junior Public School0.6 km
Public · Hamilton-Wentworth DSB · 310 students
Grade 3 reading: 50% met the provincial standard · Grade 6 math: 38% met the provincial standard
- Kanétskare Elementary School Middle School0.8 km
Public · Hamilton-Wentworth DSB · 395 students
Grade 6 math: 46% met the provincial standard
Secondary
- École secondaire Georges-P-Vanier1.2 km
French public · CS Viamonde · 85 students
Grade 10 literacy: 100% met the provincial standard
- Westdale Secondary School1.6 km
Public · Hamilton-Wentworth DSB · 1525 students
Grade 10 literacy: 88% met the provincial standard
- System Alternative Education Sir Isaac Brock Secondary School1.8 km
Public · Hamilton-Wentworth DSB · 65 students
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L8P
- Population
- 24,773
- Private dwellings
- 14,969
- Median age
- 38.8
- Average household size
- 1.8
- Median household income
- $58,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Hamilton · last 12 months
- Median sold price
- $683,000
- Homes sold
- 4,993
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,993 recorded sales of multi-family properties in Hamilton over the last 12 months.
Location
Mortgage Calculator
$153,980
Estimated Monthly Payment
$3,782
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,782/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $192/mo
Estimates only. Consult a financial advisor.
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