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About the Listing 097414 -
Turn-key LEGAL 4-PLEX fully rebuilt in 2022 with permits. Generating approx. $100K+ annual net income with a 7.2% cap rate, delivering the performance of a larger asset with the simplicity and lower maintenance of four units. Renovated from the brick in with quality craftsmanship: new roof, windows, eavestroughs, plumbing, HVAC, furnaces, A/C, spray foam insulation, waterproofing, sump pump, weeping tile, decking, fire escapes & more. Modern finishes throughout-custom kitchens, quartz countertops, luxury vinyl flooring, hardwood stairs. Well-designed unit mix: 2-storey upper unit (approx. 1,300 sq ft) with 2 beds + loft, main floor 2-bed unit, plus 2 executive studio suites-ideal for maximizing income or flexible living. In-suite laundry (upper & main). Separately metered hydro. Smart building with app-controlled security, lighting, thermostats & locks. 2 on-site parking spaces + additional leased options nearby, plus street parking. Ideal for investors, multi-generational families, or first-time buyers-live in one unit and have the others help cover the mortgage. Vacant possession available. Optional furnished sale.
Interior Details
- Bedrooms: 9
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Apartment,Separate Entrance
- Other: Countertop Range,Upgraded Insulation,Water Heater,Water Heater Owned,4 Kitchens
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Shingles
- Others:
- Sewer: Sewer
- Parking Features: Private,No Garage
Financial Details
- Tax Amount: $3,239
- Taxes w/Assessments: N/A
- Tax/Property ID: 171760026
- Tax Year: 2025
Payment Calculator
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88 Tisdale St S Hamilton, ON L8N 2W2
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