9 days on Market

88 Tisdale St, Hamilton, Ontario L8N 2W2

Townhouse
7 + 2
4
~3000-3500 sqft
$1,699,800
Get pre-qualifiedPowered by Neo Mortgage
Buy with Wahi to get
Up to
$8,499Cashback
Townhouse
7 + 2
4
~3000-3500 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$526/sqft

Est. Mortgage$7,300/mo

Tax Amount (2024)$3,239/yr

Days On Market9 days


Description

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!


Property Details

Style3-Storey
View-
Age of property-
SqFt~3000-3500 SqFt
Lot Size1,714 SqFt(50.25 x 34.12)
Parking Spaces2
MLS ®NumberX12038207
Community NameStinson
Data SourceTRREB
Listing bySUTTON GROUP INCENTIVE REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Apartment, Sep Entrance

3rd Floor

Loft

9.8 x 6.8


Features

Lot size: 1,714 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by SUTTON GROUP INCENTIVE REALTY INC., Brokerage

Get up to 0.5% cashback when you buy your dream home with Wahi Cashback

Cashback Banner Image

A new way to buy a home that puts cash back in your pocket.

  • Our in-house Realtors do more deals and bring that negotiating power into your corner
  • We leverage technology to get you more insights, move faster and simplify the process
  • Our digital business model means we pass the savings onto you, with up to 0.5% cashback on the purchase of your home

Population and Demographics

Overview

Total population 4917
Average household income $98,451

Age (%)

20 to 34
29%
35 to 49
20%
50 to 64
19%
65 and plus
17%
0 to 19
16%

Household composition (%)

Single person
49%
Single family
42%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
83%
Others
5%
Spanish
3%
Arabic
2%
Tagalog (Pilipino, Filipino)
2%
French
2%

House tenancy (%)

Renters
73%
Owners
27%

Schools and amenities

Estimated Budget