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Valeria Zhibareva

Broker
Re/Max Realty Enterptises Inc., Brokerage, Brokerage Independently owned and operated. 1697 Lakeshore Rd W , Mississauga, Ontario L5J 1J4 Cell: 905-599-8574Office: 905-855-2200Fax: 905-855-2201

$1,299,088
Available - For Sale
Listing ID: X13072370
88 Tisdale Street South , Hamilton, L8N 2W2, Hamilton


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!
Price $1,299,088
Taxes: $3239.00
Occupancy: Tenant
Address: 88 Tisdale Street South , Hamilton, L8N 2W2, Hamilton
Directions/Cross Streets: Tisdale & Hwy 8
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
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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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
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Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP INCENTIVE REALTY INC.
Personal Picture
Valeria Zhibareva
Broker
Dir:
905-599-8574
Bus:
905-855-2200
Fax:
905-855-2201
 
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At a Glance:
Type: Freehold - Multiplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Stinson
Style: 3-Storey
Lot Size: x 50.25(Feet)
Approximate Age:
Tax: $3,239
Maintenance Fee: $0
Beds: 7+2
Baths: 4
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
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