$1,548,400
Available - For Sale
Listing ID: X12317536
88 Tisdale Stre South , Hamilton, L8N 2W2, Hamilton
| 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 |
| Price | $1,548,400 |
| Taxes: | $3239.00 |
| Occupancy: | Vacant |
| Address: | 88 Tisdale Stre South , Hamilton, L8N 2W2, Hamilton |
| Directions/Cross Streets: | Tisdale & Main Street |
| 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 | |
| Washroom Type 6 | 3 | Basement |
| Washroom Type 7 | 4 | Main |
| Washroom Type 8 | 4 | Main |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 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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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| SUTTON GROUP INCENTIVE REALTY INC. |
|
|
Simon Huang
Broker
Bus:
905-241-2222
Fax:
905-241-3333
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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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