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88 Tisdale Street S Hamilton, Ontario L8N 2W2

9 Bedroom 4 Bathroom 2500 - 3000 sqft
Fireplace Central Air Conditioning Forced Air

$1,548,400

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:60365)

Property Details

MLS® Number X12317536
Property Type Multi-family
Community Name Stinson
ParkingSpaceTotal 2

Building

BathroomTotal 4
BedroomsAboveGround 7
BedroomsBelowGround 2
BedroomsTotal 9
Appliances Range, Water Heater, All, Furniture, Window Coverings
BasementFeatures Apartment In Basement, Separate Entrance
BasementType N/a
ConstructionStatus Insulation Upgraded
CoolingType Central Air Conditioning
ExteriorFinish Brick
FireProtection Alarm System, Security System, Monitored Alarm
FireplacePresent Yes
FoundationType Block, Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 2500 - 3000 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 50 Ft ,3 In
SizeFrontage 34 Ft ,1 In
SizeIrregular 34.1 X 50.3 Ft
SizeTotalText 34.1 X 50.3 Ft

Rooms

Level Type Dimensions
Second Level Kitchen 3.2 m x 1.9 m
Second Level Living Room 3.6 m x 3.3 m
Second Level Mud Room 2.7 m x 2.1 m
Second Level Bedroom 2.6 m x 3 m
Second Level Bedroom 2 2.1 m x 3.7 m
Third Level Loft 9.8 m x 6.8 m
Basement Bedroom 3.2 m x 5.7 m
Basement Bedroom 3.2 m x 5.2 m
Lower Level Mud Room 2.7 m x 2.1 m
Main Level Bedroom 2.6 m x 3 m
Main Level Bedroom 2 2.1 m x 3.7 m
Main Level Kitchen 3.2 m x 1.9 m
Main Level Living Room 3.6 m x 3.3 m

https://www.realtor.ca/real-estate/28675299/88-tisdale-street-s-hamilton-stinson-stinson

Jonathan Andrew Iesalnieks
Salesperson


Sutton Group Incentive Realty Inc.

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