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40 Kingsmount St S, Hamilton ON

$1,069,000

Property Details

Property Type

Residential Freehold

Bedrooms

6

Bathrooms

3

Community

113 - Ainslie Wood

SQFT

1646

Lot Size

23.08ft x 143ft

Taxes/Year

6,621/2024

Walk Score

71

Transit Score

60

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!!!

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