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88 Tisdale St S

Tisdale St SStinsonHamiltonON, L8N 2W2

9
Beds
3
Baths
$1,898,000
List Price
88 Tisdale St S, Hamilton, ON - 1 of 3
88 Tisdale St S, Hamilton, ON - 2 of 3
88 Tisdale St S, Hamilton, ON - 3 of 3
New
2 days on market

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... Show More

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!

Additional Media

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Property Details

Size

Sq. Ft. Not Available
9 Beds
7 Above Grade - 2 Below Grade
3 Baths

Parking

2 Parking Spaces
-

Lot

Size
34′1″ * 50′3″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Apartment, Separate Entrance
Exterior
Brick
Foundation
Block, Poured Concrete
Builder Name
-
Stories
-
Flooring
-
Roof
Shingles

Heating & Cooling

Heating
Forced Air
Cooling
Central Air

Utilities

Water
-
Sewer
Sewer
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$3,239

Source

Listing Brokerage

MLS® Listing
X11967847
Last Updated
February 11, 2025
Brokerage
SUTTON GROUP INCENTIVE REALTY INC.
Call us 800-591-0566

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