Skip to main content
Sell Your Home
Shortlisted Properties
  • New Homes
  • For Sale
  • For Rent
Danger! Indicates a dangerous or potentially negative action.
Error

Maximum 4 project can be compared at one go.

Last Updated : 561 Days ago
540 King St E, Hamilton, Ontario, Landsdale

540 King St E, Hamilton MLS Number: X8271812

Landsdale, Hamilton, ON, L8N 1E2

$8,285,000

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $70037.00 (Tax Year:2023)
  • Listing Courtesy : Sotheby`s International Realty Canada

540 King St E Property Description

Rare and spectacular investment opportunity offered at a true 6.7% cap rate and only $230k per unit! This fully-rebuilt property is comprised of 36 beautiful apartments (24 X 1-bed, 12 X 2-bed) in two buildings. All units are separately metered for hydro and water, so the landlord pays nothing but house hydro! Completely rebuilt with permits in the last 5 years, this low-maintenance property boasts new plumbing, electrical, HVAC, kitchens, bathrooms, windows, fire and security systems, roof, and more! No elevators, parking lots, or balconies to worry about. Just enjoy the incredible cashflow and strong appreciation. Further upside may be realized by renting the new storage lockers to tenants. Situated on the future LRT transit route, this beautiful property is close to everything. Full data room is available for easy diligence - including a recent clean Phase 1 Environmental. This fully-leased property is being offered at this price for a very limited time for a quick sale. This will sell quickly - it is the best value on the market today!

Read More

540 King St E Property Facts

Property Type :Commercial
MLS Number :X8271812
Listing Type :Sale
Possession Date :
know more link icon
Last Updated :23 May, 2024 (561 Days ago)
Source :TRREB
Area :Hamilton
Postal Code : L8N 1E2
property detail community link icon

540 King St E Property Price & Tax Insights

Price : $8,285,000
Property Taxes :$70037.00
Tax Year :2023

540 King St E, Hamilton Property Details

Cross Street :Tisdale St. S. & King St. E.

540 King St E, Hamilton - Price History

2024-04

25 Apr, 2024

TREB #X8271812

Available

$8285000.0

property sold history blur background
View More

Sign in to view full price history of this property

540 King St E - Location Map and Landmarks

  • Hamilton General, Hamilton 1.09 km
  • Juravinski  and Cancer Centre, Hamilton 1.46 km
  • St. Peter's, Hamilton 1.5 km
  • St. Joseph's Healthcare Hamilton - Charlton campus, Hamilton 1.56 km
  • McMaster University Medical Centre, Hamilton 1.82 km
  • St. Joseph's Healthcare Hamilton - West 5th campus, Hamilton 2.91 km
  • McMaster Children's, Hamilton 5.36 km
  • Joseph Brant, Halton 8.24 km
Last Updated : 16 Hours ago
20 Crosthwaite Avenue N, Hamilton, ON
$499999.0
  • 3 Bd
  • 2 Ba
  • 1100-1500 sq-ft
Last Updated : 17 Hours ago
191 Mill Street S, Hamilton, ON
Last Updated : 22 Hours ago
256 Walter Avenue S, Hamilton, ON
$729900.0
  • 3 +2 Bd
  • 2 Ba
  • 1100-1500 sq-ft
Last Updated : 23 Hours ago
14 Ronaldshay Avenue, Hamilton, ON
$629990.0
  • 3 +2 Bd
  • 2 Ba
  • 700-1100 sq-ft
Last Updated : 23 Hours ago
1966 Main Street W, Hamilton, ON
Last Updated : 23 Hours ago
33 Alderney Avenue, Hamilton, ON
$774900.0
  • 3 +1 Bd
  • 2 Ba
  • 700-1100 sq-ft
Last Updated : 23 Hours ago
216 Sioux Road, Hamilton, ON
$849900.0
  • 3 +2 Bd
  • 2 Ba
  • 700-1100 sq-ft
Last Updated : 23 Hours ago
217 Lottridge Street, Hamilton, ON
Last Updated : 1 Day ago
658 Fiddlers Green Road, Hamilton, ON
Last Updated : 1 Day ago
12 Rapids Lane, Hamilton, ON
$679000.0
  • 3 Bd
  • 3 Ba
  • 1500-2000 sq-ft
Last Updated : 1 Day ago
20 Vinegar Hill Street, Hamilton, ON
$1388000.0
  • 4 Bd
  • 4 Ba
  • 3000-3500 sq-ft
Last Updated : 1 Day ago
131 Sanatorium Road, Hamilton, ON
$700000.0
  • 3 +1 Bd
  • 2 Ba
  • 1100-1500 sq-ft
Last Updated : 1 Day ago
238 Candlewood Drive, Hamilton, ON
$649777.0
  • 3 Bd
  • 4 Ba
  • 1500-2000 sq-ft
Last Updated : 1 Day ago
383 Dundas Street E, Hamilton, ON
$689900.0
  • 2 Bd
  • 3 Ba
  • 1200-1399 sq-ft
Last Updated :204 Days ago
28 Victoria Avenue N, Hamilton, ON
$259000.0
  • 1 Ba
  • 2500-3000 sq-ft
Last Updated :220 Days ago
241 Robert Street, Hamilton, ON
$479997.0
  • 2 Ba
  • 2500-3000 sq-ft
Last Updated :407 Days ago
165 Emerald Street N, Hamilton, ON
Last Updated :296 Days ago
334 Cannon Street E, Hamilton, ON
Last Updated :252 Days ago
363 Barton Street E, Hamilton, ON
$799000.0
  • 1 Bd
  • 4 Ba
  • 2500-3000 sq-ft
Last Updated :387 Days ago
97 Evans Street, Hamilton, ON
$283500
  • 1 Ba
  • 2500-3000 sq-ft
Last Updated :360 Days ago
60 William Street, Hamilton, ON
$399900
  • 0 Ba
  • 2500-3000 sq-ft
Last Updated :407 Days ago
163 Emerald Street N, Hamilton, ON
Last Updated :386 Days ago
663 King Street E, Hamilton, ON
$2000000
  • 0 Ba
  • 2500-3000 sq-ft
Last Updated :244 Days ago
247 Robert Street, Hamilton, ON
$549000.0
  • 2 Ba
  • 2500-3000 sq-ft
Last Updated :407 Days ago
283 Emerald Street N, Hamilton, ON
Last Updated :393 Days ago
208 East Avenue N, Hamilton, ON
$499900
  • 2 Ba
  • 2500-3000 sq-ft
Last Updated :407 Days ago
262 Robert Street, Hamilton, ON
$1049900
  • 4 Ba
  • 2500-3000 sq-ft
Last Updated :169 Days ago
161 Wentworth Street N, Hamilton, ON
Last Updated :172 Days ago
1 Jarvis Street, Hamilton, ON
$325000.0
  • 1 Ba
  • 2500-3000 sq-ft
Recently Viewed
Related to your search

Tell us a Little about yourself!