88 Tisdale Street S Hamilton, Ontario L8N 2W2
$1,898,000
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! (id:24801)
Property Details
| MLS® Number | X11967847 |
| Property Type | Multi-family |
| Community Name | Stinson |
| Parking Space Total | 2 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 7 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 9 |
| Appliances | Range, Water Heater, Furniture, Window Coverings |
| Basement Features | Apartment In Basement, Separate Entrance |
| Basement Type | N/a |
| Construction Status | Insulation Upgraded |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Foundation Type | Block, Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 50 Ft ,3 In |
| Size Frontage | 34 Ft ,1 In |
| Size Irregular | 34.12 X 50.25 Ft |
| Size Total Text | 34.12 X 50.25 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 3.2 m | 1.9 m | 3.2 m x 1.9 m |
| Second Level | Living Room | 3.6 m | 3.3 m | 3.6 m x 3.3 m |
| Second Level | Mud Room | 2.7 m | 2.1 m | 2.7 m x 2.1 m |
| Second Level | Bedroom | 2.6 m | 3 m | 2.6 m x 3 m |
| Second Level | Bedroom 2 | 2.1 m | 3.7 m | 2.1 m x 3.7 m |
| Third Level | Loft | 9.8 m | 6.8 m | 9.8 m x 6.8 m |
| Basement | Bedroom | 3.2 m | 5.7 m | 3.2 m x 5.7 m |
| Basement | Bedroom | 3.2 m | 5.2 m | 3.2 m x 5.2 m |
| Lower Level | Mud Room | 2.7 m | 2.1 m | 2.7 m x 2.1 m |
| Main Level | Bedroom | 2.6 m | 3 m | 2.6 m x 3 m |
| Main Level | Bedroom 2 | 2.1 m | 3.7 m | 2.1 m x 3.7 m |
| Main Level | Kitchen | 3.2 m | 1.9 m | 3.2 m x 1.9 m |
| Main Level | Living Room | 3.6 m | 3.3 m | 3.6 m x 3.3 m |
https://www.realtor.ca/real-estate/27903496/88-tisdale-street-s-hamilton-stinson-stinson
Contact Us
Contact us for more information
Jonathan Andrew Iesalnieks
Salesperson
1000 Innisfil Beach Road
Innisfil, Ontario L9S 2B5
(705) 739-1300
(705) 739-1330
HTTP://www.suttonincentive.com
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
February 11 2025 07:38:40
Toronto Real Estate Board
Sutton Group Incentive Realty Inc.