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455 KING WILLIAM STREET, Hamilton (Landsdale) — listed at $1,299,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Large purpose-built multiplex building featuring 6 spacious 3-bedroom units. Approx. total square footage is 5700sqft. Generates a gross annual income of $125,500 with a true cap-rate of 6.7%. All units separately metered for hydro - tenants pay electricity. Each unit has their own heat pump for individual A/C & heating. Coin laundry on-site. Updated windows. Clean Phase 1 ESA (2026). Walking distance to GO station. TOURS TO SEE ALL UNITS: Saturday, October 10th from 11:00 AM to 1:00 PM. Please confirm Attendance. (id:60164)
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $10,098, heating is heat pump, baseboard heaters, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is heat pump, baseboard heaters, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What makes this a luxury property?+
At $1,299,000, standout features include 6 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Is 455 KING WILLIAM STREET a good fit for a growing family?+
With 18 bedrooms and 6 bathrooms, there's room for kids plus a guest room or home office. The 3-storey layout keeps living and sleeping areas separated.
What's the parking situation?+
This property includes 0 spaces — No Garage.
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