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417 King Street W, Hamilton, ON, L8P 1B5

MLS® # 40684459
Investment For Sale In Strathcona, Hamilton, Ontario
$899,000
417 King Street W, Hamilton, ON
417 King Street W, Hamilton, ON
417 King Street W, Hamilton, ON
417 King Street W, Hamilton, ON
417 King Street W, Hamilton, ON
417 King Street W, Hamilton, ON

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417 King Street W, Hamilton, ON, L8P 1B5
$899,000

Property Information:

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 separate meters, three separate Furnace systems, updated electrical panels, and a fire escape with deck areas. Some 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.

Inclusions: None

Building Features:

  • Floor Space: 2733 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Full, Unfinished
  • Construction Materials: Brick
  • Cooling: Other
  • Driveway Parking: None
  • Floor Space (approx): 2733 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Other
  • Lot Depth: 90 Feet
  • Lot Features: Highway Access, Hospital, Library, Public Transit
  • Lot Frontage: 24.00 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: TOC1
  • Sewer: Sewer (Municipal)

Courtesy of: RE/MAX Escarpment LEADEX Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Location of 417 King Street W, Hamilton, ON, L8P 1B5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 417 King Street W, experiences 7 hot days per year at around 32 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.5 degrees Celsius.

Projected Avg. Temperature

Past
32℃
2050
35.5℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

59/100

Moderate

ClimateCheck®

Current data

This property, 417 King Street W, experiences 11 significant 2-day storms per year, with about 309.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 384.1mm of precipitation per year.

Precipitation Per Storm

Past
309.1mm
2050
384.1mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 417 King Street W, Hamilton, ON, L8P 1B5

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$100,840.52

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.27 %

High school certificate or equivalent

30.46 %

Apprenticeship trade certificate/diploma

4.64 %

College/non-university certificate

19.71 %

University certificate (below bachelor)

0.47 %

University Degree

29.45 %

Commuter

Travel To Work

By Car

61.41 %

By Public Transit

16.07 %

By Walking

16.14 %

By Bicycle

3.88 %

By Other Methods

2.5 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

51.03 %

Houses

48.97 %

Own Vs. Rent