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.
- MLS®#:
- X11996790
- Property Type:
- Multiplex
- Property Style:
- 2-Storey
- Area:
- Hamilton
- Community:
- Glenview
- Taxes:
- $16,476 / 2024
- Added:
- March 03 2025
- Lot Frontage:
- 47.00
- Lot Depth:
- 125.00
- Status:
- Active
- Outside:
- Brick
- Year Built:
- Basement:
- Fin W/O
- Brokerage:
- MYSAK REALTY INC.
- Lot (Feet):
-
125
47
- Intersection:
- Parkdale Ave. S. & King St. E.
- Rooms:
- 34
- Bedrooms:
- 9+1
- Bathrooms:
- 8
- Fireplace:
- N
- Utilities
- Water:
- Municipal
- Cooling:
- Window Unit
- Heating Type:
- Water
- Heating Fuel:
- Gas
Sale/Lease History of 2342 King St E
View all past sales, leases, and listings of the property at 2342 King St E.Neighbourhood
Schools, amenities, travel times, and market trends near 2342 King St ESchools
6 public & 4 Catholic schools serve this home. Of these, 9 have catchments. There are 2 private schools nearby.
Parks & Rec
3 ball diamonds, 2 trails and 11 other facilities are within a 20 min walk of this home.
Transit
Street transit stop less than a 1 min walk away. Rail transit stop less than 7 km away.
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Purchase Price
With
Down ($195,000)
Interest
Years
