Added 1 day ago
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Type: Multiplex
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Style: 3-Storey
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Lot Size: 34.12 x 50.25 Feet
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Age: No Data
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Taxes: $3,239 per year
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Days on Site: 1 Days
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Added: Feb 10, 2025 (1 day ago)
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Updated:
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Last Checked: 8 hours ago
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MLS®#: X11967847
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Listed By: Sutton group incentive realty inc.
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!
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Property
Status: Sale
Property Type: Multiplex
Style: 3-Storey
Area: Hamilton
Community: Stinson
Availability Date: FLEX
Inside
Bedrooms: 7
Bedrooms Plus: 2
Bathrooms: 3
Kitchens: 2
Kitchens Plus: 2
Rooms: 12
Den/Family Room: Yes
Air Conditioning: Central Air
Fireplace: Yes
Laundry Level: Main
Central Vacuum: N
Washrooms: 3
Building
Basement: Apartment
Basement 2: Sep Entrance
Heat Type: Forced Air
Heat Source: Gas
Exterior: Brick
Green Verification Status: N
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Private
Garage Type: None
Covered Parking Spaces: 2
Total Parking Spaces: 2
Fees
Tax Year: 2024
Tax Legal Description: LT 42, REGISTRAR'S COMPILED PLAN 1360 , T/W AB57220 ; HAMILTON
Taxes: $3,239
Land
Cross Street: Tisdale & Hwy 8
Municipality District: Hamilton
Fronting On: South
Parcel Number: 171760026
Pool: None
Sewer: Sewers
Lot Depth: 50.25 Feet
Lot Frontage: 34.12 Feet
Additional Media
- Virtual Tour: https://www.youtube.com/watch?v=yhh0-SzavKs
Rooms
Room details for 88 Tisdale Street South, Hamilton
| Type | Dimensions | Description |
|---|---|---|
| Br Bsmt | 5.70 x 3.20 | |
| Br Bsmt | 5.20 x 3.20 | |
| Br Main | 3.00 x 2.60 | |
| 2nd Br Main | 3.70 x 2.10 | |
| Kitchen Main | 1.90 x 3.20 | |
| Living Main | 3.30 x 3.60 | |
| Mudroom Lower | 2.10 x 2.70 | |
| Br 2nd | 3.00 x 2.60 | |
| 2nd Br 2nd | 3.70 x 2.10 | |
| Kitchen 2nd | 1.90 x 3.20 | |
| Living 2nd | 3.30 x 3.60 | |
| Mudroom 2nd | 2.10 x 2.70 |
Sacred Heart of Jesus Catholic Elementary School
Elementary: CatholicSt. Patrick Catholic Elementary School
Elementary: CatholicSt. Brigid Catholic Elementary School
Elementary: CatholicGeorge L Armstrong Public School
Elementary: PublicDr. J. Edgar Davey (New) Elementary Public School
Elementary: PublicQueen Victoria Elementary Public School
Elementary: PublicKing William Alter Ed Secondary School
Secondary: PublicTurning Point School
Secondary: PublicVincent Massey/James Street
Secondary: PublicSt. Charles Catholic Adult Secondary School
Secondary: CatholicSir John A Macdonald Secondary School
Secondary: PublicCathedral High School
Secondary: Catholic-
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