Homes for sale - 88 Tisdale ST S, Hamilton, ON L8N 2W2

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Mahesh Khatri

mkhatri.teammahesh@gmail.com +1(416) 464-6568

$ 1,699,800

Est. payment | -/mo

7 Beds

4 Baths

Save Virtual Tour

$ 1,699,800

Est. payment | -/mo

Save Virtual Tour

7 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Stinson

MLS Listing ID X12038207

Style 3-Storey

Bedrooms 7

Annual Tax Amount $3,239

Tax Year 2024

Property Sub-Type Multiplex

Property Description

INVESTORS DREAM "Cash Flow Positive" LEGAL 4-PLEX" in Hamilton!! Purchased in 2022, the building had been completely gutted and fully renovated from top to bottom!! Most importantly, The building nets $140,000+ annually!!! (See Income/Cash Flow Sheet) Giving it a current cap rate of 7.5% Enjoy the income of an 8-plex with the minimal maintenance of 4 units! This 4-Plex has been designed professionally and legally re-built from the brick in. Everything is new: New roof, new windows, new eavestroughs, new plumbing, new HVAC, new furnaces, new A/C's, new decking, new fire escapes, spray-foam insulation, basement waterproofing, concrete, sump-pump, weeping tiles, custom kitchens, quartz countertops, luxury vinyl, hardwood staircases & railings, maintenance free landscaping, and much, much more!! All work completed legally with permits!! Upper unit spans 2 floors, 1300 sq ft and is a 2 bdrm 1 bath, with loft. The main unit is a 2 bdrm 1 bath. Both units have in-suite laundry. Plus: 2 new executive studio suites below Fitted for laundry. 2 parking spots on-site, leased parking spots available behind the house if needed. Hydro separately metered.This Smart Building is outfitted with security cameras, alarm system, lights, thermostats and door locks all controlled right from your phone. BONUS: free street parking located close by. Don't miss this turn-key, maintenance-free, investment opportunity...all the work has been done for you! Alternatively enjoy the large upper unit for yourself and rent the 3 units below to live mortgage free!! Building can be sold furnished and vacant. Book your showing today!

Location

Province ON

County Hamilton

Community Stinson

Area Hamilton

Rooms

Family Room Yes

Basement Apartment, Separate Entrance

Kitchen 4

Separate Den/Office 2

Interior

Interior Features Countertop Range, Upgraded Insulation, Water Heater, Water Heater Owned

Cooling Central Air

Fireplace Yes

Heat Source Gas

Exterior

Parking Features Private

Pool None

Roof Type Shingles

Lot Frontage 34.12

Lot Depth 50.25

Total Parking Spaces 2

Building

Foundation Block, Poured Concrete

Others

Security Features Alarm System,Carbon Monoxide Detectors,Security System,Monitored

Virtual Tour https://www.youtube.com/watch?v=yhh0-SzavKs

Listed by SUTTON GROUP INCENTIVE REALTY INC.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

88 Tisdale ST S Hamilton, ON L8N 2W2