1/501745 KING STREET E, Hamilton (Bartonville)
1745 KING STREET E, Hamilton (Bartonville), ON L8K1V6
$3.6M total
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Asset Class
Multifamily
Size
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Building class
B
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
85%
About this property
This Property is located in the Heart of Rosedale which is one of Hamilton's finest areas, all amenities are in walking distance and the bus stops at the front door. This is one property with 2 buildings on it. Great cash flow (Gross Income $305,184) and little to no vacancy. Building #1- 1745 King St - 6 units Upper floor , 4 - one bedroom apartments, brand new - building permit 2026 1-2 Bedroom apartment and 1 bachelor both recently renovated. All tenants pay heating /hydro. Building #2- 243 Kenilworth ave S - rented by the room 243 Kenilworth is a purpose built rental built approximately 7 years ago , rented by the room. Upper Floor apartment consist of 7 tenants with extra large rooms ,licenced lodging home Lower floor west side consist of 4 bedroom apartment- with 5 tenants Lower Floor east side consists of 4 bedroom apartment -with 5 tenants. All utilities paid by landlord including internet. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$17K
Projected NOI
$148K
Annual cash flow
$-52K
Cash-on-cash
-4.78%
DSCR
0.74
Going-in cap
4.11%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
126,067
Households
52,398
Median income
$104,500
Median age
33.5
Daytime population
134,511
5-yr growth
1.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1745 KING STREET E, Hamilton (Bartonville).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.