For Sale

40 KINGSMOUNT Street, Hamilton, Ontario L8S3B3

$1,069,000

40 KINGSMOUNT Street, Hamilton, Ontario L8S3B3 is For Sale and has a listing price of 1,069,000. The property is located in the Ainslie Wood neighbourhood. It's been on the website for 6 Days.

  • Multi-family
    Property Type
  • Duplex
    Building Type
  • 6
    Bedrooms
  • 3
    Bathrooms
  • 2
    Parking Spaces
  • MLS ID: 40693120
  • Office Name Michael St. Jean Realty Inc.
Property Description

Introducing West Hamilton’s newest PREMIUM STUDENT LIVING DUPLEX OPPORTUNITY!! 40 Kingsmount St. South is perfectly situated across MCMASTER UNIVERSITY, next to all major amenities, and seconds to major transit / GO line. Properly licenced through the City of Hamilton, fully renovated from top to bottom, and situated on a one of a kind, premium lot, this property features a sizable 6 bedroom layout. The main unit features a 4 bedroom design, with second unit boasting a 2 bedroom setup with second floor private balcony. Situated on a sizable, unique, pie shaped lot backing onto the city’s popular Rail Trail, this R zoned property allows significant future development / addition potential. This zoning creates a massive opportunity for future owners to increase property value and performance. The strong rental performance of this property reflects the quality and attractiveness of the building for students and boasts $6519 monthly gross rent. Call to view today!!! (id:43137)

Property Details
  • Bedrooms: 6
  • MLS ID: 40693120
  • Bathrooms: 3
  • Price: $1,069,000
  • Transaction Types: For Sale
  • Ref ID: 27839266
  • Year Built: N/A
  • Building Type: Duplex
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
01/24/2025 40693120 $1,069,000 For Sale - -
01/23/2025 40692383 $1,069,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ainslie Wood
  • $858,892 Average List Price
    based on 1 year
  • 2 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 7.22 % Up
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change -6.5%
  • 3 Month Change +35.0%
  • 6 Month Change +13.4%
Walkscore
Property Type Distribution
  • All Houses
    65.79%
  • Commercial
    34.21%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Natural Gas
  • Basement2 Full (partially Finished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Brick, Aluminum Siding
  • Cooling System Central Air Conditioning
  • Total Parking Spaces: 2
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 24/01/2025 00:00:00
  • Zoning Zoning: Cr3 (c1;r2.5*1571)
  • Agent Name: Michael St. Jean
  • Address Subdivision: 113 - Ainslie Wood
  • Last Updated: 28/01/2025 21:12:37
Open House Dates
  • 1. 02/02/2025 (Start time: 1:00 PM - End time: 4:00 PM)
Want to see this property?