9 Tisdale Street S Hamilton, Ontario L8N 2V8
$849,000
Legal triplex in Central Hamilton offering nearly 2,500 square feet of finished space, with potential for a 4th Unit. This cash-flowing asset generates over $5,170 in monthly income and is set up for efficient management with 3 hydro meters, 3 gas meters, 2 furnaces, and 3 hot water tanks. All units feature in-suite laundry, and tenants pay their own gas and hydro, keeping operating expenses low. Unit 1 features a main-floor two-bedroom with basement storage, tenanted for $1,950 plus utilities. Unit 2 is a second-floor 2-bedrooam rented at $1,520 plus utilities. Unit 3 is a Vacant third floor 2-bed, currently vacant with a market rate of $1,700 + utilities. Additional value lies in 2-car driveway parking and TOC zoning, which allows for the opportunity to unlock further income through a 4th basement Unit. Located between Main and King streets along the future LRT plans, this property is positioned for long-term growth with proximity to Jackson Square, Hamilton GO Centre, and Hamilton General Hospital. This is an ideal opportunity for investors seeking stable income and future upside. (id:63013)
Property Details
MLS® Number | X12322732 |
Property Type | Multi-family |
Community Name | Landsdale |
Amenities Near By | Hospital, Public Transit |
Parking Space Total | 2 |
Building
Bathroom Total | 3 |
Bedrooms Above Ground | 6 |
Bedrooms Total | 6 |
Amenities | Separate Electricity Meters, Separate Heating Controls |
Appliances | Dryer, Stove, Refrigerator |
Basement Development | Unfinished |
Basement Type | Full (unfinished) |
Cooling Type | Window Air Conditioner |
Exterior Finish | Stucco |
Foundation Type | Stone |
Heating Type | Other |
Stories Total | 3 |
Size Interior | 2,000 - 2,500 Ft2 |
Type | Triplex |
Utility Water | Municipal Water |
Parking
No Garage |
Land
Acreage | No |
Land Amenities | Hospital, Public Transit |
Sewer | Sanitary Sewer |
Size Depth | 75 Ft |
Size Frontage | 33 Ft |
Size Irregular | 33 X 75 Ft |
Size Total Text | 33 X 75 Ft |
Zoning Description | T0c1 |
https://www.realtor.ca/real-estate/28685810/9-tisdale-street-s-hamilton-landsdale-landsdale
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