88 Tisdale Street S Hamilton, Ontario L8N 2W2
$1,699,800
INVESTORS DREAM "Cash Flow Positive" LEGAL 4-PLEX" in Hamilton!! Purchased in 2022, the building had been completely gutted and fully renovated from top to bottom!! Most importantly, The building nets $140,000+ annually!!! (See Income/Cash Flow Sheet) Giving it a current cap rate of 7.5% Enjoy the income of an 8-plex with the minimal maintenance of 4 units! This 4-Plex has been designed 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. Plus: 2 new executive studio suites below 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:61852)
Property Details
| MLS® Number | X12038207 |
| Property Type | Multi-family |
| Neigbourhood | Stinson |
| Community Name | Stinson |
| ParkingSpaceTotal | 2 |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 7 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 9 |
| Appliances | Range, Water Heater, All, Furniture, Window Coverings |
| BasementFeatures | Apartment In Basement, Separate Entrance |
| BasementType | N/a |
| ConstructionStatus | Insulation Upgraded |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FireProtection | Alarm System, Security System, Monitored Alarm |
| FireplacePresent | Yes |
| FoundationType | Block, Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 2999.975 - 3499.9705 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 50 Ft ,3 In |
| SizeFrontage | 34 Ft ,1 In |
| SizeIrregular | 34.1 X 50.3 Ft |
| SizeTotalText | 34.1 X 50.3 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/28066101/88-tisdale-street-s-hamilton-stinson-stinson
Interested?
Contact us for more information
Jonathan Andrew Iesalnieks
Salesperson
1000 Innisfil Beach Road
Innisfil, Ontario L9S 2B5
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March 26 2025 12:52:18
Toronto Real Estate Board
Sutton Group Incentive Realty Inc.
