1 day on Market

88 Tisdale St, Hamilton, Ontario L8N 2W2

Townhouse
7 + 2
4
~2500-3000 sqft
$1,548,400
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Townhouse
7 + 2
4
~2500-3000 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$568/sqft

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Description

Welcome to 88 Tisdale, an INVESTORS DREAM "Cash Flow Positive" LEGAL 4-PLEX" in Hamilton!! Purchased in 2022, the building has 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 flooring, hardwood staircases & railings, maintenance free landscaping, and much, much more!! All work ompleted legally WITH PERMITS! Upper unit spans 2 floors, 1300 sq ft (2 bdrm 1 bath, with oversized large loft. Main unit is 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 other units and live mortgage free! Building can be sold furnished and vacant. B


Property Details

Style3-Storey
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size1,714 SqFt(50.25 x 34.12)
Parking Spaces2
MLS ®NumberX12317536
Community NameStinson
Data SourceTRREB
Listing bySUTTON GROUP INCENTIVE REALTY INC.

Features

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

2nd Floor

Mudroom

2.7 x 2.1

Br

2.6 x 3.0

2nd Br

2.1 x 3.7

Kitchen

3.2 x 1.9


Features

Lot size: 1,714 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Market Data - Stinson

Geo Zone Map ThumbnailStinson

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

0 day

New Listings

Past 30 days

1 listing

Compared to

2024

0 listing

Units sold

Past 30 days

0 unit

Compared to

2024

0 unit

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 4917
Average household income $98,451

Age (%)

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

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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget