342 King William Street, Hamilton, ON L8L 1P3
Landsdale, Hamilton · Near King and Victoria · View map
About this home
Excellent Investment Opportunity in Hamilton! Offered for sale by a long-term owner retiring, this renovated and upgraded property featuring legal duplex 342 and 344 King William St with an existing three-unit layout. This versatile property offers very good cash flow potential and opportunities to further maximize rental income. Very Bright and inviting throughout, the home features plenty of windows that fill the living spaces with lots of natural light.The upper unit features 4 bedrooms, 2 bathrooms, ensuite laundry, 1 Family Room (Can be used as a bedroom), and a roughed-in kitchen area currently configured as a bedroom, offering potential for a fourth unit. The main unit features 2 bedrooms, 1 family room (which can be used as a 3rd bedroom), and 1 bathroom, while the lower unit offers 1 bedroom and 1 bathroom. All three existing units have separate kitchens, providing independent living spaces and flexible rental possibilities. Recent Updates: Roof (2025), furnace (2023), and hot water tank (2019). With no existing rental contracts, very low expenses, and vacant possession, the new owner has the flexibility to further customize the home or establish their own tenancy arrangements at current market rents.Additional highlights include 3 separate hydro meters and approximately $75,000 in potential gross annual rental income with all three units, making this an attractive opportunity for investors seeking strong cash flow and long-term investment potential.Conveniently located in downtown Hamilton, the property is close to public transit, shopping, restaurants, and everyday amenities.A great opportunity to acquire a bright, versatile, multi-unit investment property with excellent income potential!
The home
- Type
- Multiplex
- Style
- 2 1/2 Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 6
- Basement bedrooms
- 1
- Bathrooms
- 4
- Kitchens
- 3
- Rooms
- 12
- Basement
- Separate Entrance, Finished
- Lot size
- 30 x 50.6 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Fireplace
- Yes
Garage & parking
- Driveway spaces
- 1
- Total parking
- 1
- Parking features
- Front Yard Parking
Taxes & other
- Property taxes
- $3,909/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- 30/60/tba
- Cross street
- King and Victoria
- Neighbourhood
- Landsdale
More
- Price per sq ft
- ~$355 (at 2,250 sq ft)
- MLS® number
- X14089868
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
342 King William Street, Hamilton, ON L8L 1P3
Landsdale, Hamilton · Near King and Victoria
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Listing history for 342 King William Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 342 King William Street
Answers come straight from this home’s MLS® listing.
How much is 342 King William Street listed for, and what would it cost each month?
342 King William Street is listed for $799,000. With 20% down ($159,800), the mortgage payment would be roughly $3,223 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,549 a month, all in. That figure is an illustration, not a quote.
Is 342 King William Street freehold or a condo, and is there a monthly fee?
342 King William Street is a multiplex in Landsdale, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 342 King William Street have?
342 King William Street has 6 bedrooms, plus 1 more bedroom in the basement, and 4 bathrooms. The listing gives the style as 2 1/2 storey.
Does 342 King William Street have a garage and parking?
The listing does not show a garage. The driveway adds 1 space. In total the listing counts 1 parking space.
Does 342 King William Street have a finished basement?
The listing describes the basement as separate entrance, finished. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 342 King William Street?
342 King William Street is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 342 King William Street, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 30 x 50.6 ft.
How is 342 King William Street heated and cooled?
Heating is forced air (gas). The listing does not show air conditioning.
What are the property taxes for 342 King William Street?
Property taxes are $3,909 a year (2026), or about $326 a month.
Where is 342 King William Street?
342 King William Street is in the Landsdale community of Hamilton. The nearest main intersection is King and Victoria. The postal code is L8L 1P3.
Is 342 King William Street still for sale?
Yes. It is an active listing (MLS® X14089868). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 342 King William Street asking?
Similar properties for sale nearby right now include 60 William Street at $674,900 (6 bed), 181 West Avenue at $699,900 (5 bed) and 526 King Street E at $925,000 (5+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 342 King William Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 342 King William Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Multiplex$925,000526 King Street E, Hamilton5+2 bed · 5 bath · LandsdaleCourtesy of: Royal LePage Real Estate AssociatesView home →Courtesy of: HOMELIFE EXCELSIOR REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.