2342 King Street E
Hamilton (Glenview), ON L8K 1X7
- 9+1Bedrooms
- 8Bathrooms
- 8Parking
- 5000 +Sq Ft
- $16,476Tax
- 47×125 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 2342 King Street E, Hamilton, Glenview
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About 2342 King Street E, Hamilton, Glenview
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $16,476
- Land Transfer Tax Fee
- $30,475
Rental Items
- Rental Equipment
- 1 Gas Hot Water Tank, 1 Washer, 1 Dryer
- Basement Type
- Finished with Walk-Out
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block, Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 47.00 ft
- Lot Depth
- 125.00 ft
Inclusions
- Inclusions
- 8 Fridges, 8 Stoves
Exclusions
- Exclusions
- Tenant Belongings.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 8
- Parking Spaces
- 8
- Total Garage And Parking Spaces
- 8
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Water
- Air Conditioning
- Window Unit(s)
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 9 + 1
- Washrooms
- 8
- Kitchens
- 8
Washrooms
- 3-piece
- Municipality
- Hamilton
- Neighbourhood
- Glenview
- Main cross streets
- Parkdale Ave. S. & King St. E.
- Directions
- King St E/ Parkdale Ave S
- MLS® number
- X11996790
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-05-01
- Listed on
- 2025-03-03
- Days on market
- 59 days
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- MYSAK REALTY INC.
Home Market Value
Current home valuation for 2342 King Street E, Hamilton, Glenview, Hamilton, ON. Listed for $1,700,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 2342 King Street E, Hamilton, Glenview
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$340,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,360,000 | $1,275,000 | $1,190,000 | $1,105,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,640monthly | $6,225monthly | $5,810monthly | $5,395monthly |
Land Transfer Tax
$30,475
$30,475
Around this home
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