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Thursday, August 6th, 2026

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$1,499,999
Available - For Sale
Listing ID: X13450158
An exceptional opportunity to acquire a well-maintained 18-unit income-producing property in one of Hamilton's rapidly evolving downtown corridors. The building comprises 14 shared accommodation units and 4 bachelor suites, generating over $148,000 in annual gross income with additional upside through future rent growth and operational optimization.Professionally managed and extensively updated, the property features numerous capital improvements, including updated electrical, plumbing, windows, water services, high-efficiency furnaces, upgraded fire safety systems, secure coded entry, high-speed fibre internet, and low-maintenance exterior finishes. Established maintenance and service relationships provide a smooth transition for new ownership.Ideally located on major HSR and GO Transit routes, the property is minutes from Hess Village, Locke Street, Jackson Square, hospitals, parks, restaurants, retail amenities, and Hamilton's downtown core. Its central location supports strong, consistent demand from students, healthcare professionals, and working residents.The surrounding area continues to benefit from significant public and private investment, including new residential developments, hotels, educational facilities, commercial projects, and ongoing downtown revitalization initiatives. The property's proximity to the proposed LRT corridor further strengthens its long-term growth potential.Nearby institutions include McMaster University, Mohawk College, Columbia International College, Brock University's downtown campus, and several healthcare and continuing education facilities, providing access to a deep and stable tenant pool.Offering immediate cash flow, value-add potential, and long-term appreciation prospects, this is a compelling opportunity for investors seeking a strategic asset in a high-growth urban market. Vendor Take-Back (VTB) or private financing may be available for qualified purchasers.
Price $1,499,999
Taxes: $8,875
Tax Type: Annual
Assessment Year: 2026
Occupancy by: Tenant
Address: 413 - 4 King Street West , Hamilton, L8P 1B5, Hamilton
Postal Code: L8P 1B5
Province/State: Hamilton
Directions/Cross Streets: King St W and Peal St S
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Accommodation
Building Percentage: F
Total Area: 5,300
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
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EXP REALTY

413 - 4 King Street West , Hamilton, L8P 1B5, Hamilton

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Com - Investment
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Strathcona
Style:
Lot Size: x 133.50(Feet)
Approximate Age:
Tax: $8,875
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com