8 Nightingale Street Hamilton, Ontario L8L 1R6
$775,000
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. Brand new energy efficient combi-broiler installed in 2024 and Fire Escape in 2025. 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. (id:61852)
Property Details
| MLS® Number | X12008186 |
| Property Type | Multi-family |
| Neigbourhood | Landsdale |
| Community Name | Landsdale |
| AmenitiesNearBy | Public Transit, Schools |
| EquipmentType | None |
| Features | Irregular Lot Size, Lane |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | None |
| Structure | Patio(s) |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 8 |
| BedroomsTotal | 8 |
| Age | 100+ Years |
| Appliances | Stove, Refrigerator |
| BasementFeatures | Apartment In Basement, Separate Entrance |
| BasementType | N/a |
| ExteriorFinish | Brick Facing |
| FoundationType | Unknown |
| HeatingFuel | Natural Gas |
| HeatingType | Radiant Heat |
| StoriesTotal | 3 |
| SizeInterior | 2000 - 2500 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| LandAmenities | Public Transit, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 127 Ft ,6 In |
| SizeFrontage | 36 Ft |
| SizeIrregular | 36 X 127.5 Ft |
| SizeTotalText | 36 X 127.5 Ft|under 1/2 Acre |
| ZoningDescription | D |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 3.45 m | 2.64 m | 3.45 m x 2.64 m |
| Second Level | Bedroom | 3.12 m | 4.09 m | 3.12 m x 4.09 m |
| Second Level | Bedroom | 3.45 m | 2.74 m | 3.45 m x 2.74 m |
| Third Level | Kitchen | 3.66 m | 4.83 m | 3.66 m x 4.83 m |
| Third Level | Bedroom | 2.9 m | 5.21 m | 2.9 m x 5.21 m |
| Third Level | Bedroom | 2.9 m | 3.63 m | 2.9 m x 3.63 m |
| Basement | Bedroom | 3.4 m | 3.07 m | 3.4 m x 3.07 m |
| Basement | Bedroom | 3.4 m | 3.81 m | 3.4 m x 3.81 m |
| Basement | Kitchen | 3.15 m | 3.76 m | 3.15 m x 3.76 m |
| Main Level | Kitchen | 3.12 m | 4.04 m | 3.12 m x 4.04 m |
| Main Level | Bedroom | 3.43 m | 4.57 m | 3.43 m x 4.57 m |
| Main Level | Bedroom | 2.77 m | 3.73 m | 2.77 m x 3.73 m |
https://www.realtor.ca/real-estate/27998581/8-nightingale-street-hamilton-landsdale-landsdale
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Ante Skoko
Salesperson
245 Wyecroft Rd #4c
Oakville, Ontario L6K 3Y6
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April 28 2025 03:13:45
Toronto Real Estate Board
Keller Williams Signature Realty
