Jag Patel
Broker
$1,299,088
Available - For Sale
Listing ID: X13072370
88 Tisdale Street South , Hamilton, L8N 2W2, Hamilton
| Calling all savvy investors! LEGAL 4-PLEX"!! Purchased in 2022, the building has been completely gutted and fully renovated from top to bottom!! Most importantly, The building nets approx $100,000+ annually!!! (See Income/Cash Flow Sheet) Giving it a current cap rate of 7.2% 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! |
| Price | $1,299,088 |
| Taxes: | $3239.00 |
| Occupancy: | Tenant |
| Address: | 88 Tisdale Street South , Hamilton, L8N 2W2, Hamilton |
| Directions/Cross Streets: | Tisdale & Hwy 8 |
| Rooms: | 12 |
| Rooms +: | 2 |
| Bedrooms: | 7 |
| Bedrooms +: | 2 |
| Family Room: | T |
| Basement: | Apartment, Separate Ent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Basement | Bedroom | 10.5 | 18.7 | |
| Room 2 | Basement | Bedroom | 10.5 | 17.06 | |
| Room 3 | Main | Bedroom | 8.53 | 9.84 | |
| Room 4 | Main | Bedroom 2 | 6.89 | 12.14 | |
| Room 5 | Main | Kitchen | 10.5 | 6.23 | |
| Room 6 | Main | Living Ro | 11.81 | 10.82 | |
| Room 7 | Lower | Mud Room | 8.86 | 6.89 | |
| Room 8 | Second | Bedroom | 8.53 | 9.84 | |
| Room 9 | Second | Bedroom 2 | 6.89 | 12.14 | |
| Room 10 | Second | Kitchen | 10.5 | 6.23 | |
| Room 11 | Second | Living Ro | 11.81 | 10.82 | |
| Room 12 | Second | Mud Room | 8.86 | 6.89 | |
| Room 13 | Third | Loft | 32.14 | 22.3 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Basement |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 4 | Main |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | 3-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 2 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 2500-3000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| SUTTON GROUP INCENTIVE REALTY INC. |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Stinson |
| Style: | 3-Storey |
| Tax: | $3,239 |
| Beds: | 7+2 |
| Baths: | 4 |
| Fireplace: | Y |
| Pool: | None |
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