Property Details

Description

 Price: $ 1,299,088.00 MLS®: X13072370         Location : 88 Tisdale Street S, Hamilton, ON L8N 2W2

Turn-key LEGAL 4-PLEX fully rebuilt in 2022 with permits. Generating approx. $100K+ annual net income with a 7.2% cap rate, delivering the performance of a larger asset with the simplicity and lower maintenance of four units. Renovated from the brick in with quality craftsmanship: new roof, windows, eavestroughs, plumbing, HVAC, furnaces, A/C, spray foam insulation, waterproofing, sump pump, weeping tile, decking, fire escapes & more. Modern finishes throughout-custom kitchens, quartz countertops, luxury vinyl flooring, hardwood stairs. Well-designed unit mix: 2-storey upper unit (approx. 1,300 sq ft) with 2 beds + loft, main floor 2-bed unit, plus 2 executive studio suites-ideal for maximizing income or flexible living. In-suite laundry (upper & main). Separately metered hydro. Smart building with app-controlled security, lighting, thermostats & locks. 2 on-site parking spaces + additional leased options nearby, plus street parking. Ideal for investors, multi-generational families, or first-time buyers-live in one unit and have the others help cover the mortgage. Vacant possession available. Optional furnished sale.

Location Description

Tisdale & Hwy 8

Property Details
  • Community: Stinson
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 9
  • Bath: 4
  • Garages: None
Building Features
  • Foundation Type: Block-Poured Concrete
  • Construction Material: Brick
  • Total Parking Space: 2
Features
  • Heating: Forced Air Gas
  • Sewer: Sewer ,
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Listing Contracted With: SUTTON GROUP INCENTIVE REALTY INC.

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