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$799,000
Available - For Sale
Listing ID: X8317378
Welcome to 8 Nightingale, where investment dreams take flight! Nestled in the coveted Lansdale neighborhood just a stone's throw away from downtown, this expansive 2,022 square foot legal triplex promises not just a property, but a promising investment for astute buyers. Boasting four generously sized 2-bedroom units, this residence stands as a beacon of lucrative possibilities. With an impressive annual gross rent surpassing $60,000 and a cap rate exceeding 6.5%, this property stands tall as a cornerstone for your real estate portfolio. Sitting on a spacious lot measuring 36 feet by 127 feet, ample parking for up to four vehicles awaits, with the added allure of potential for a laneway house, further elevating revenue potential. Moreover, the strategic location - mere steps from the planned LRT stop - positions this property as a prime choice for both current and future tenants, ensuring enduring demand and maximizing your returns. Recent upgrades, including window and roof replacements in 2020, newer kitchens, flooring, lighting and more. More value-adds can be made later during vacancies. Furthermore, separate hydro meters afford convenience and flexibility, streamlining management and enhancing tenant satisfaction. Embrace hassle-free ownership with a property already filled by exceptional tenants. For a deeper dive into the financial landscape and investment potential, detailed financials are available upon request.
Price $799,000
Taxes: $3,961
Address: 8 Nightingale St , Hamilton, L8L 1R6, Ontario
Lot Size: 36.04 x 127.5 (Feet)
Acreage: < .50
Directions/Cross Streets: Wentworth/Cannon
Rooms: 12
Bedrooms: 8
Washrooms: 4
Kitchens: 4
Family Room: N
Basement: Apartment
Sep Entrance
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 10.23 13.25
Room 2: Main Br 11.25 14.99
Room 3: Main Br 9.09 12.23
Room 4: 2nd Kitchen 11.32 8.66
Room 5: 2nd Br 10.23 13.42
Room 6: 2nd Br 11.32 8.99
Room 7: 3rd Kitchen 12.00 15.84
Room 8: 3rd Br 9.51 17.09
Room 9: 3rd Br 9.51 11.91
Room 10: Bsmt Kitchen 10.33 12.33
Room 11: Bsmt Br 11.15 10.07
Room 12: Bsmt Br 11.15 12.50
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  3 2nd
Washroom 3:  3 3rd
Washroom 4:  3 Bsmt
Property Type: Triplex
Style: 2 1/2 Storey
Exterior: Brick Front
Garage Type: None
(Parking/)Drive: Lane
Drive Parking Spaces: 4
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 2000-2500
Property Features: Public Trans
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Radiant
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
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KELLER WILLIAMS SIGNATURE REALTY

8 Nightingale St , Hamilton, L8L 1R6, Ontario

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MD Ashraful Bari
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647.406.6653
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905.201.9977
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905.201.9229

 
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At a Glance:
Type: Freehold - Triplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Landsdale
Style: 2 1/2 Storey
Lot Size: 36.04 x 127.50(Feet)
Approximate Age: 100+
Tax: $3,961
Maintenance Fee: $0
Beds: 8
Baths: 4
Garage: 0
Fireplace: N
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
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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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