$1,699,800
9 bd • 4 ba • 3000 sf • Multifamily
88 Tisdale Street South
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$1,699,800
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88 Tisdale Street SHamilton, ON, L8N 2W2

Stinson
  • 9 Bed
  • 4 Bath
  • 3000 Sqft
  • Multifamily

About this home

INVESTORS DREAM "Cash Flow Positive" LEGAL 4-PLEX" in Hamilton!! Purchased in 2022, the building had 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 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! (id:32586)
Listed by: Jonathan Andrew Iesalnieks, Salesperson, Sutton Group Incentive Realty Inc. Brokerage

Home facts and features

Price details
List Price
$1,699,800
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Home facts
Bedrooms
9
Full Bathrooms
4
Property Type
Multifamily
Depth
50 ft ,3 in
Frontage
34 ft ,1 in
Exterior Finish
Brick
Heating Type
Forced air
Community
Agent details
Primary Agent
Primary Broker
Sutton Group Incentive Realty Inc. Brokerage
Listing details
Days on REW
38 Days
MLS® Number
X12038207
Source
Canadian Real Estate Association

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
4.09%

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Richard Earles

Richard Earles

Dominion Lending Centres National LTD

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Property Insights

St. Patrick Catholic Elementary School
  • Catholic
  • JK - 8
Cathedral High School
  • Catholic
  • 9 - 12
Queen Victoria Elementary Public School
  • Public
  • JK - 8
Sacred Heart of Jesus Catholic Elementary School
  • Catholic
  • JK - 8
George L Armstrong Public School
  • Public
  • JK - 8
St. Brigid Catholic Elementary School
  • Catholic
  • JK - 8
Dr. J. Edgar Davey Elementary Public School
  • Public
  • JK - 8
Cathy Wever Elementary Public School
  • Public
  • JK - 8
Bronston Canadian Academy
  • Private
  • K - 12
Turning Point School
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Listing data was last updated on 2025-04-30.
Call Agent
Salesperson
Jonathan Iesalnieks
Phone:
(705) 739-1300
Cell:
416-666-3395
Office:
(705) 739-1300
Fax:
(705) 739-1330
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.