47 Wellington Street S Hamilton, Ontario L0R 2H0
$949,900
Fully renovated LEGAL FOURPLEX, with one unit VACANT, in the heart of Hamilton offering modern style, Victorian character, and rock-solid investment fundamentals. This stunning, all-above-grade, approx. 2,600 sqft building features 3 x 1-bedroom units and 1 x 2-bedroom unit, each with its own kitchen, bathroom, in-suite laundry, stainless steel appliances, and beautiful exposed brick. All four units were professionally renovated between 2018-2020, showcasing sleek finishes, modern lighting, updated kitchens & baths, and thoughtful layouts. One unit is vacant and ready to lease or occupy, while the remaining three are tenanted with AAA+ renters. Rare 3-car parking at the rear. 4 hydro meters, 4 gas meters and 4 hot water tanks, maximizing NOI. Property delivers a strong +6% CAP rate, making this a true cash flow positive, turnkey income property in a highly desirable location. Walkable to downtown amenities, transit, and more. A rare opportunity to invest in a legal, high-quality multi-unit building with character, curb appeal, and upside. (id:61852)
Property Details
| MLS® Number | X12237179 |
| Property Type | Multi-family |
| Neigbourhood | Stinson |
| Community Name | Stinson |
| AmenitiesNearBy | Place Of Worship, Public Transit, Park, Hospital |
| CommunityFeatures | Community Centre |
| ParkingSpaceTotal | 3 |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| Amenities | Separate Electricity Meters, Separate Heating Controls |
| Appliances | Water Heater, All |
| BasementType | Partial |
| ExteriorFinish | Brick |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 2500 - 3000 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| LandAmenities | Place Of Worship, Public Transit, Park, Hospital |
| Sewer | Sanitary Sewer |
| SizeDepth | 185 Ft |
| SizeFrontage | 100 Ft |
| SizeIrregular | 100 X 185 Ft |
| SizeTotalText | 100 X 185 Ft |
| ZoningDescription | D5 |
https://www.realtor.ca/real-estate/28503298/47-wellington-street-s-hamilton-stinson-stinson
Interested?
Contact us for more information
Bernard Arzadon
Salesperson
21 King St W Unit A 5/fl
Hamilton, Ontario L8P 4W7
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June 20 2025 11:48:29
Toronto Real Estate Board
Exp Realty
