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$1,898,000
Available - For Sale
Listing ID: X11967847
There's nothing like this LEGAL 4-plex in Hamilton, maybe even the GTA!! Purchased in 2022, the building had been completely gutted and fully renovated!! Most importantly, The building nets $140,000+ annually!!! Giving it a current cap rate of 7.5% Enjoy the income of an 8-plex with the minimal maintenance of 4 units! This house has been 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. 2x new executive studio suites below, and are 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!
Price $1,898,000
Taxes: $3,239
Address: 88 Tisdale St South , Hamilton, L8N 2W2, Ontario
Lot Size: 34.12 x 50.25 (Feet)
Directions/Cross Streets: Tisdale & Hwy 8
Rooms: 12
Rooms +: 2
Bedrooms: 7
Bedrooms +: 2
Washrooms: 4
Kitchens: 2
Kitchens +: 2
Family Room: Y
Basement: Apartment
Sep Entrance
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Bsmt Br 10.50 18.70
Room 2: Bsmt Br 10.50 17.06
Room 3: Main Br 8.53 9.84
Room 4: Main 2nd Br 6.89 12.14
Room 5: Main Kitchen 10.50 6.23
Room 6: Main Living 11.81 10.82
Room 7: Lower Mudroom 8.86 6.89
Room 8: 2nd Br 8.53 9.84
Room 9: 2nd 2nd Br 6.89 12.14
Room 10: 2nd Kitchen 10.50 6.23
Room 11: 2nd Living 11.81 10.82
Room 12: 2nd Mudroom 8.86 6.89
No. of Pieces Level
Washroom 1:  3 Bsmt
Washroom 2:  4 Main
Washroom 3:  4 Main
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 2
Pool: None
Fireplace/Stove: Y
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Main
Sewers: Sewers
Water: Municipal
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SUTTON GROUP INCENTIVE REALTY INC.

88 Tisdale St South , Hamilton, L8N 2W2, Ontario

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MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Multiplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Stinson
Style: 3-Storey
Lot Size: 34.12 x 50.25(Feet)
Approximate Age:
Tax: $3,239
Maintenance Fee: $0
Beds: 7+2
Baths: 4
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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