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$ 1,548,400
Est. payment /mo
New
88 TISDALE STREET S Hamilton (stinson), ON L8N2W2
9 Beds
4 Baths
2,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $619
Subdivision Stinson
MLS® Listing ID X12317536
Bedrooms 9
Source Toronto Regional Real Estate Board
Property 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 (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 3.2 m X 1.9 m Kitchen
Extra Room 2 Second level 3.6 m X 3.3 m Living room
Extra Room 3 Second level 2.7 m X 2.1 m Mud room
Extra Room 4 Second level 2.6 m X 3 m Bedroom
Extra Room 5 Second level 2.1 m X 3.7 m Bedroom 2
Extra Room 6 Third level 9.8 m X 6.8 m Loft
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Listed by SUTTON GROUP INCENTIVE REALTY INC.