REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,299,088
Est. payment /mo
New
88 Tisdale ST S Hamilton, ON L8N 2W2
9 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Stinson
MLS Listing ID X13072370
Style 3-Storey
Bedrooms 9
Annual Tax Amount $3,239
Tax Year 2025
Property Sub-Type Multiplex
Property Description
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!
Location
State ON
County Hamilton
Area Hamilton
Rooms
Family Room Yes
Basement Apartment, Separate Entrance
Kitchen 4
Separate Den/Office 2
Interior
Interior Features Countertop Range, Upgraded Insulation, Water Heater, Water Heater Owned
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Shingles
Lot Frontage 34.12
Lot Depth 50.25
Total Parking Spaces 2
Building
Foundation Block, Poured Concrete
Others
ParcelsYN No
Virtual Tour https://www.youtube.com/watch?v=yhh0-SzavKs
Listed by SUTTON GROUP INCENTIVE REALTY INC.
Nearby Locations