413 - 415 King Street W, Hamilton, ON L8P 1B5
Hamilton
An exceptional opportunity to acquire a well-maintained 18-unit income-producing property in one of Hamilton's rapidly evolving downtown corridors. The building comprises 14 shared accommodation units and 4 bachelor suites, generating over $148,000 in annual gross income with additional upside through future rent growth and operational optimization.Professionally managed and extensively updated, the property features numerous capital improvements, including updated electrical, plumbing, windows, water services, high-efficiency furnaces, upgraded fire safety systems, secure coded entry, high-speed fibre internet, and low-maintenance exterior finishes. Established maintenance and service relationships provide a smooth transition for new ownership.Ideally located on major HSR and GO Transit routes, the property is minutes from Hess Village, Locke Street, Jackson Square, hospitals, parks, restaurants, retail amenities, and Hamilton's downtown core. Its central location supports strong, consistent demand from students, healthcare professionals, and working residents.The surrounding area continues to benefit from significant public and private investment, including new residential developments, hotels, educational facilities, commercial projects, and ongoing downtown revitalization initiatives. The property's proximity to the proposed LRT corridor further strengthens its long-term growth potential.Nearby institutions include McMaster University, Mohawk College, Columbia International College, Brock University's downtown campus, and several healthcare and continuing education facilities, providing access to a deep and stable tenant pool.Offering immediate cash flow, value-add potential, and long-term appreciation prospects, this is a compelling opportunity for investors seeking a strategic asset in a high-growth urban market. Vendor Take-Back (VTB) or private financing may be available for qualified purchasers.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 413 - 415 King Street W, Hamilton, ON L8P 1B5
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MLS# X13450158
Listed by EXP REALTY
On market since Jun 16, 2026
What comparable homes actually sold for in the last 12 months.
413 - 415 King Street W, Hamilton, ON L8P 1B5 is listed for $1,499,999 CAD.
413 - 415 King Street W, Hamilton, ON L8P 1B5 is a Investment, 5,300 sq ft.
413 - 415 King Street W, Hamilton, ON L8P 1B5 is in Hamilton, Ontario.
413 - 415 King Street W, Hamilton, ON L8P 1B5 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 413 - 415 King Street W, Hamilton, ON L8P 1B5 (MLS# X13450158). You can also send a message through the contact form on this site.
