1024 King Street, Hamilton, ON

$2,399,000
MLS#:X12561422
13 beds
12 baths
5000 + sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["3-Storey"] multiplex located in the coveted neighborhood of Stipley. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,399,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 13 Bedrooms and 12 Bathrooms with 12 functional kitchens
  • Generous living space spanning 5000 + sqft on a premium 49.58 x 111.16 ft lot
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with ["wall unit(s)"] central cooling and highly efficient heat pump heating via gas

Introducing 1024 King Street East, a solid and well-maintained 12-unit multifamily investment property located along one of Hamilton's most active transit corridors. This purpose-built apartment building features an attractive and balanced unit mix, consisting of three 2-bedroom units, seven 1-bedroom units, and two bachelor suites, appealing to a wide range of tenants and ensuring strong year-round demand. Ideally positioned in the evolving Gibson- Stipley Neighborhood, the property offers excellent access to local amenities, retail, restaurants, parks, transit, and major arterial routes leading directly into the downtown core. With consistent rental performance and significant upside potential through gradual modernization, this turnkey asset is perfectly suited for investors looking to grow or stabilize their multifamily portfolio in one of Hamilton's fastest-improving districts.

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Key Features

Bedrooms
13
Bathrooms
12
Kitchens
12
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 14, 2026
Sold price information is available to members only
Listed Date11/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionBrick
Lot Size49.58 × 111.16 Feet
CountyHamilton
Annual Tax$23,412.08
Legal DescriptionLT 39, PL 451 ; PT LT 38, PL 451 , AS IN CD474246 ; HAMILTON (99.12.17 M.HUNTER ADLR)

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
Cooling["Wall Unit(s)"]

Features

Property Features

Community Features

Location

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1024 King Street, Hamilton, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1024 King Street E, Hamilton, ON L8M 1C8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,919,200
Monthly Mortgage$11,151
Property Tax (Est.)$1,951
Utilities & Maint.$350
Total Monthly Cost$13,452

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Hamilton.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Stipley, Hamilton.

Verified Local Data
City Population785,184
City Median Age41.6 Yrs
City Ownership69% Owners
Avg Area List Price$600,996

People & Families

Age Distribution

Household Composition

One-person households
27%
Families with children
45%
Couples without children
27%
Other households
1%

Top Ethnic Origins

English21%
Scottish17%
Irish16%
Canadian13%

Local Schools Guide

Elementary Schools

Prince of Wales
Public77 Melrose Avenue North, Stipeley, Hamilton, Ontario, L8L 6X4
3.9
St Ann's
PublicSherman Avenue North, Stipeley, Hamilton, Ontario, L8L 0B8
5.6
Adelaide Hoodless
Public71 Maplewood Avenue, Blakeley, Hamilton, Ontario, L8M 1W7
6.8
Holy Name of Jesus
Public181 Belmont Avenue, Crown Point West, Hamilton, Ontario, L8L 7M5
4.0
Cathy Wever
Public160 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 5V7
2.1

Secondary Schools

Bernie Custis
Public1055 King Street East, Stipeley, Hamilton, Ontario, L8M 1C3
2.2
Cathedral
Public30 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 8H5
4.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied69%
Rented31%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.