480 KING WILLIAM Street, Hamilton, Ontario, L8L 1R3

MLS® # 40685255

Investment For Sale In Landsdale, Hamilton, Ontario

$1,100,000

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Welcome to 480 King William St - 480 King William Street, Hamilton, ON - Outdoor With Facade

Come check out this great four-unit home. - 480 King William Street, Hamilton, ON - Outdoor With Facade

Unit 3 (Second Floor) Bedroom - 480 King William Street, Hamilton, ON - Indoor Photo Showing Other Room

Unit 3 (Second Floor) Hallway - 480 King William Street, Hamilton, ON - Indoor Photo Showing Other Room

Unit 3 (Second Floor) Hallway - 480 King William Street, Hamilton, ON - Indoor Photo Showing Laundry Room

Unit 3 (Second Floor) Bathroom - 480 King William Street, Hamilton, ON - Indoor Photo Showing Bathroom

Unit 3 (Second Floor) Bathroom - 480 King William Street, Hamilton, ON - Indoor Photo Showing Other Room

Unit 3 (Second Floor) Kitchen - 480 King William Street, Hamilton, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen

Unit 3 (Second Floor) Living/ Dining Room - 480 King William Street, Hamilton, ON - Indoor Photo Showing Other Room

Unit 1 (Basement) Entry - 480 King William Street, Hamilton, ON - Indoor Photo Showing Other Room

Unit 1 (Basement) Bathroom - 480 King William Street, Hamilton, ON - Indoor Photo Showing Bathroom

Unit 1 (Basement) Utility and Laundry - 480 King William Street, Hamilton, ON - Indoor Photo Showing Basement

Unit 1 (Basement) Kitchen - 480 King William Street, Hamilton, ON - Indoor Photo Showing Kitchen

Unit 1 (Basement) Living/ Dining Room - 480 King William Street, Hamilton, ON - Indoor Photo Showing Other Room

Unit 1 (Basement) Living/ Dining Room - 480 King William Street, Hamilton, ON - Indoor Photo Showing Kitchen

Unit 1 (Basement) Bedroom - 480 King William Street, Hamilton, ON - Indoor Photo Showing Other Room

Unit 4 (Attic) Kitchen / Living room - 480 King William Street, Hamilton, ON - Indoor

Unit 4 (Attic) Bathroom - 480 King William Street, Hamilton, ON - Indoor Photo Showing Bathroom

Unit 4 (Attic) Bedroom - 480 King William Street, Hamilton, ON - Indoor Photo Showing Bedroom

Unit 4 (Attic) Bathroom - 480 King William Street, Hamilton, ON - Indoor

Unit 2 (Main Floor) Living / Dining Room - 480 King William Street, Hamilton, ON - Indoor Photo Showing Living Room

Unit 2 (Main Floor) Living / Dining Room - 480 King William Street, Hamilton, ON - Indoor

Unit 2 (Main Floor) Living / Dining Room/ Office - 480 King William Street, Hamilton, ON - Indoor Photo Showing Office

Unit 2 (Main Floor) Kitchen - 480 King William Street, Hamilton, ON - Indoor

Unit 2 (Main Floor) Kitchen - 480 King William Street, Hamilton, ON - Indoor Photo Showing Kitchen

Unit 2 (Main Floor) Bedroom - 480 King William Street, Hamilton, ON - Indoor Photo Showing Bedroom

Unit 2 (Main Floor) Bathroom - 480 King William Street, Hamilton, ON - Indoor Photo Showing Bathroom

Unit 2 (Main Floor) Bathroom - 480 King William Street, Hamilton, ON - Indoor Photo Showing Laundry Room

4 Car Parking off laneway at rear of 480 King William St - 480 King William Street, Hamilton, ON - Outdoor

New Fire Escape and Decking Structure - 480 King William Street, Hamilton, ON - Outdoor

Aerial View of the back lot - 480 King William Street, Hamilton, ON - Outdoor

Aerial View of the back lot and Home - 480 King William Street, Hamilton, ON - Outdoor

Aerial view of nearby school north east view towards the bay - 480 King William Street, Hamilton, ON - With View

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Home Insurance - TD Insurance

Get a home insurance quote online for this $1,100,000 property in Hamilton

Provided by TD Insurance

ACTIVE

480 KING WILLIAM Street, Hamilton, Ontario, L8L 1R3

$1,100,000

Property Information:

Turn-Key, Cash Flow Positive Multiplex in Lansdale! Attention savvy investors: 480 King William St is the perfect blend of strong income potential and a prime location. This legal triplex with a non-conforming fourth unit operates as four self-contained rental units and boasts impressive features to attract tenants and maximize returns. The unit mix includes a vacant 1-bedroom in the basement, a tenanted 1-bedroom on the main floor (with one parking space included), a vacant 2-bedroom on the second floor, and a tenanted 1-bedroom in the attic. The property has the potential to generate over 75,000 in annual gross rental income, with all units featuring separate metering, ensuring tenants pay their own hydro, boosting the bottom line for an incoming buyer. Recent upgrades to the stairs at the rear of the property, as well as the fencing in the back and roof (reshingled 2022). Stainless steel appliances are featured in all but the basement unit, ensuring modern appeal for tenants and reducing turnover. With six parking spaces, an in-suite laundry, and a centralized location, the property offers unmatched convenience for tenants. Located in the vibrant Lansdale neighbourhood, the property is close to schools and steps from transit and the future LRT. Whether you're expanding your portfolio or looking for a new low-maintenance investment with long-term upside potential, 480 King William is what you've been waiting for. (id:7525)

Building Features:

Style: Multiplex
Building Type: Fourplex
Basement Development: Finished
Basement Type: Full
Exterior Finish: Brick, Vinyl siding
Foundation Type: Stone
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 5
Bathrooms: 4
Access Type: Road access
Amenities Nearby: Public Transit, Schools
Features: Southern exposure, Paved driveway, Crushed stone driveway
Lot Depth: 108.0 Feet
Lot Frontage: 29.0 Feet
Structure Type: Porch
Zoning: R1A
Sewer: Municipal sewage system
No. of Parking Spaces: 6

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Notes:

Matt Greiner

Sales Representative Royal LePage Signature Realty , Brokerage*

Mobile:647.218.1271

View All of Matt's Listings

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Location of 480 KING WILLIAM Street, Hamilton, Ontario, L8L 1R3

Lifestyle
Neighbourhood

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

29 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 480 KING WILLIAM Street , experiences 7 hot days per year at around 32.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.6 degrees Celsius.

Projected Avg. Temperature

Past

32.1℃

2050

35.6℃

# Hot Days Per Year

Past

2050

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

58/100

Moderate

ClimateCheck®

Current data

This property, 480 KING WILLIAM Street , experiences 11 significant 2-day storms per year, with about 306.7mm 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 381.7mm of precipitation per year.

Precipitation Per Storm

Past

306.7mm

2050

381.7mm

48-Hour Storms Per Year

Past

2050

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.

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Demographic Information of 480 KING WILLIAM Street, Hamilton, Ontario, L8L 1R3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$98,545.14

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.79 %

High school certificate or equivalent

28.26 %

Apprenticeship trade certificate/diploma

6.55 %

College/non-university certificate

22.01 %

University certificate (below bachelor)

1.33 %

University Degree

19.06 %

Commuter

Travel To Work

By Car

56.54 %

By Public Transit

27.85 %

By Walking

10.44 %

By Bicycle

1.47 %

By Other Methods

3.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

74.12 %

Houses

25.88 %

Own Vs. Rent

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480 KING WILLIAM Street, Hamilton, Ontario, L8L 1R3 $1,100,000 MLS® # 40685255

Property Information:

Building Features:

Property Features:

Location of 480 KING WILLIAM Street, Hamilton, Ontario, L8L 1R3

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 480 KING WILLIAM Street, Hamilton, Ontario, L8L 1R3

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

480 KING WILLIAM Street, Hamilton, Ontario, L8L 1R3

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