526 King Street, Hamilton

Price: $925,000

7 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13872086

ATTENTION ALL INVESTORS & SMART BUYERS! Exceptional turn-key opportunity generating over $6,300/month in gross income! Located in a high-growth corridor, 526 King St E is a legal triplex featuring a 4th basement unit for maximized cash flow. Meticulously updated, 3 of the units boast reimagined layouts with premium modern finishes, including new flooring, crisp new cabinetry, and brand-new windows. Property Layout: Main Floor: 2-Bedroom Unit, Second Floor: 2-Bedroom Unit, Third Floor: 1-Bedroom Unit, Basement: 1-Bedroom Unit. Investor Highlights: Separate Metering: 4 Hydro Meters keep utility overhead remarkably low. Abundant Parking: Rare 4-car parking (2 front + 2 back). Low Maintenance: Fully updated interior & exterior for hands-off management. Immediate Income: 3 units currently occupied by quality tenants. Location & Future Growth: Unbeatable access to public transit, local amenities, and the GO Station. Take full advantage of Hamilton's anticipated Light Rail Transit (LRT) expansion, driven to significantly accelerate property appreciation. Unmatched Exit Strategy: Flexible TOC1 (Transit Oriented Corridor) Zoning permits a wide array of high-density residential and commercial uses-providing dynamic upside and multiple exit options for future redevelopment. Whether adding a cash-flow asset to your portfolio or house-hacking your way to financial freedom, this high-yield property is a rare find. Book your showing today!

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active
New Listing
1/34

$925,000 - 526 King Street, Hamilton

Detached for Sale in Hamilton

New — Listed today

Neighbourhood: Landsdale

7Beds
5Baths
2,500 - 2,999Sq Ft
Detached

Want to see this home in person?

Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
X13872086
Property Type
Detached
Status
active
Days on Site
0
Bedrooms
7
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Hamilton
Lot Size
3,122 sqft
Taxes (2026)
$4,516
Listing Brokerage
Royal LePage Real Estate Associates
Description

ATTENTION ALL INVESTORS & SMART BUYERS! Exceptional turn-key opportunity generating over $6,300/month in gross income! Located in a high-growth corridor, 526 King St E is a legal triplex featuring a 4th basement unit for maximized cash flow. Meticulously updated, 3 of the units boast reimagined layouts with premium modern finishes, including new flooring, crisp new cabinetry, and brand-new windows. Property Layout: Main Floor: 2-Bedroom Unit, Second Floor: 2-Bedroom Unit, Third Floor: 1-Bedroom Unit, Basement: 1-Bedroom Unit. Investor Highlights: Separate Metering: 4 Hydro Meters keep utility overhead remarkably low. Abundant Parking: Rare 4-car parking (2 front + 2 back). Low Maintenance: Fully updated interior & exterior for hands-off management. Immediate Income: 3 units currently occupied by quality tenants. Location & Future Growth: Unbeatable access to public transit, local amenities, and the GO Station. Take full advantage of Hamilton's anticipated Light Rail Transit (LRT) expansion, driven to significantly accelerate property appreciation. Unmatched Exit Strategy: Flexible TOC1 (Transit Oriented Corridor) Zoning permits a wide array of high-density residential and commercial uses-providing dynamic upside and multiple exit options for future redevelopment. Whether adding a cash-flow asset to your portfolio or house-hacking your way to financial freedom, this high-yield property is a rare find. Book your showing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,745.73/mo

Includes CMHC insurance ($25,808)

$
$
5%10%50%

5-yr fixed avg.

Principal: $832,500Interest: $565,411
Mortgage Amount$858,308
Total Interest$565,411
Est. Property Tax$655/mo
Total Cost$1,423,719

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Landsdale

Discover Landsdale

Landsdale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Landsdale

  • •Convenient location in Hamilton
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Landsdale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

526 King Street, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,750/mo
Range: $4,038 - $5,463
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,750
Maintenance Fees-$0
Property Tax (est.)-$655
Insurance (est.)-$193
Net Cash Flow+$3,902

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $370/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.

Bathroom Count Matters

With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Landsdale

I know Landsdale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    526 King Street, Hamilton | $925,000 | Battaglia Team