$ 1.595.000

976 King St E, Hamilton

23 Photos

976 King St E, Hamilton, ON L8M1C4 Photo 2

976 King St E, Hamilton, ON L8M1C4 Photo 3

976 King St E, Hamilton, ON L8M1C4 Photo 4

976 King St E, Hamilton, ON L8M1C4 Photo 5

976 King St E, Hamilton, ON L8M1C4 Photo 6

976 King St E, Hamilton, ON L8M1C4 Photo 7

Bedrooms: 8
Bathrooms: 8

MLS®: x8135136
Added: 53 days ago

Property Details

Investment Opportunity! 8-unit apartment building in Central Downtown Hamilton close to Tim Horton's Field. Fully rented with 7 one-bedroom units and 1 bachelor unit. 5 units have been renovated in the last few years. Roof was done in 2017. Separate hydro meters (tenants pay hydro) and separate water heaters. 4 parking spots, with 2 of them currently rented. Easy access to public transportation. Public Laundromat right next door. (id:1945)

Best Mortgage Rates

Property Information

Heating: Radiant heat, Natural gas
Stories: 3
Tax Year: 2023
Lot Features: Lane
Photos Count: 23
Parking Total: 4
Bedrooms Total: 8
Structure Type: Other
Street Dir Suffix: East
Tax Annual Amount: 14767
Exterior Features: Brick
Lot Size Dimensions: 36 x 103 FT

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Nearby Places

Name	Type	Address	Distance
Brian Timmis Stadium	[1] The stadium most recently hosted association f...		0.4 km
Tim Hortons Field	During the Pan American Games, it was referred to ...		0.5 km
Ivor Wynne Stadium	The club's previous home was the Hamilton Amateur ...		0.5 km
Tim Hortons Field	Stadium	75 Balsam Ave N	0.5 km
Parkview Secondary School	School	60 Balsam Ave N	0.6 km
Parkview Secondary School	The school's mission statement was "Educating stud...		0.6 km
Adelaide Hoodless Public School	School Principal - Kelly Charles Vice Principal - ...		0.6 km
270 Sherman	The five buildings which together constitute 270 S...		1.0 km
Cathedral High School	School	30 Wentworth St N	1.0 km
Cathedral High School (Hamilton, Ontario)	Classes were held in two rooms at St...		1.1 km
Barton Street Arena	Originally, the arena had a seating capacity of 4,...		1.1 km
St. Peter's Hospital (Hamilton)	The hospital became a part of Hamilton Health Scie...		1.1 km

976 King St E mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 976 King St E. The current price of the property is $1,595,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,276,000. This would result in a monthly mortgage payment of $7,459 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	25
College	70
University degree at bachelor level or above	20

Neighbourhood Marital Status Stat

Married	135
Widowed	15
Divorced	45
Separated	15
Never married	215
Living common law	80
Married or living common law	215
Not married and not living common law	290

Neighbourhood Construction Date

1961 to 1980	30
1991 to 2000	10
1960 or before	195

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