88 Tisdale Street For Sale

Hamilton, Stinson, L8N 2W2

$1,898,000

Description

Listed by SUTTON GROUP INCENTIVE REALTY INC..

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!

Location

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  • Address: 88 Tisdale Street
  • Neighborhood: Stinson
  • City: Hamilton
  • State: Ontario
  • Postal Code: L8N 2W2

Property Video

Property Details

  • Property ID: X11967847
  • Property Price: $1,898,000
  • Style: Multiplex, 3-Storey
  • Rooms: 12+2
  • Bedrooms: 7+2
  • Bath: 4
  • Parking Spaces: 2
  • A/C: Central Air
  • Basement: Apartment, Sep Entrance
  • Central Vac.: N
  • Den: Y
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: Y
  • Taxes: $3,239.00 (2024)
  • Lot: 50.25x34.12 (Feet)

Room details and dimensions

Statistics for similar Multiplex homes in Stinson

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Multiplex homes in Stinson

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Multiplex homes in Stinson

Property History

This property has been sold 7 times before. To view this property's sale price history please sign in or register:


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Recently Sold

  • Semi-Detached House sold at 159 Earlsdale Avenue, Toronto, Oakwood Village, M6E 1L3 - MLS: C9416582
    • Sold 61 days ago

    159 Earlsdale Avenue

    Toronto, Oakwood Village, M6E 1L3

    $2,188,888

    $000000

  • Contact Manoj Kukreja

    Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
    (647) 576 - 2100