6 days on Market

8 Nightingale St, Hamilton, Ontario L8L 1R6

Townhouse
8
4
~2000-2500 sqft
$775,000
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Townhouse
8
4
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$349/sqft

Est. Mortgage$3,328/mo

Tax Amount (2024)$4,100/yr

Days On Market6 days


Description

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. 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.


Property Details

Style2 1/2 Storey
View-
Age of property100+
SqFt~2000-2500 SqFt
Lot Size4,595 SqFt(127.5 x 36.04)
Parking Spaces4
MLS ®NumberX12008186
Community NameLandsdale
Data SourceTRREB
Listing byKELLER WILLIAMS SIGNATURE REALTY

Features

Heating: Radiant
Basement: Apartment, Sep Entrance

Bsmt Floor

Kitchen

3.15 x 3.76

Br

3.40 x 3.07

Br

3.40 x 3.81


Features

Lot size: 4,595 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Mar 8, 2025
ListedActive
$775,000
6 days on market
history photo preview40
Listing by trreb®
Property listed by KELLER WILLIAMS SIGNATURE REALTY, Brokerage

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Population and Demographics

Overview

Total population 6097
Average household income $82,643

Age (%)

20 to 34
29%
0 to 19
20%
35 to 49
19%
50 to 64
18%
65 and plus
13%

Household composition (%)

Single family
48%
Single person
42%
Multi person
9%
Multi family
1%

Mother tongue (%)

English
76%
Portuguese
6%
Spanish
3%
Vietnamese
2%
Arabic
2%
Others
2%
French
2%
Somali
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
67%
Owners
33%

Schools and amenities

Estimated Budget