88 TISDALE STREET S, Hamilton, Ontario

$1,898,000

9 Beds
3 Baths

There's nothing like this LEGAL 4-plex in Hamilton, maybe even the GTA!! Purchased in 2022, the building had been completely gutted and fully renovated!! Most importantly, The building nets $140,000+ annually!!! Giving it a current cap rate of 7.5% Enjoy the income of an 8-plex with the minimal maintenance of 4 units! This house has been 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. 2x new executive studio suites below, and are 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! (id:23309)

Listing ID: X11967847
Property Type: Multi-family

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Rooms

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

Details

Parking Spaces: 2
Transaction: For sale

Building

Appliances: Range, Water Heater, Furniture, Window Coverings
BasementType: N/A
Basement Features: Apartment in basement, Separate entrance
Bedrooms Main Level: 7
Bedrooms Lower Level: 2
Constructed Status: Insulation upgraded
Cooling: Central air conditioning
Exterior Finish: Brick
Fireplace Present: True
Foundation: Block, Poured Concrete
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Stories Total: 3
Type: Other
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 34 ft ,1 in
Size Irregular: 34.12 x 50.25 FT

Listing provided by SUTTON GROUP INCENTIVE REALTY INC.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 88 TISDALE STREET S in Hamilton Ontario. It was last modified on February 11th, 2025. Contact Jim Chu to schedule a viewing or to discover other Hamilton real estate for sale.

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