$1,548,400 88 Tisdale Street S Hamilton ON L8N 2W2

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Listing ID

#X12317536

Listing Type

Residential

Property Type

Multiplex

Property Style

3-Storey

County

Hamilton

Neighborhood

Stinson

Days on website

32

Description
Welcome to 88 Tisdale, an INVESTORS DREAM "Cash Flow Positive" LEGAL 4-PLEX" in Hamilton!! Purchased in 2022, the building has 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 flooring, hardwood staircases & railings, maintenance free landscaping, and much, much more!! All work ompleted legally WITH PERMITS! Upper unit spans 2 floors, 1300 sq ft (2 bdrm 1 bath, with oversized large loft. Main unit is 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 other units and live mortgage free! Building can be sold furnished and vacant. B
Financial Information
List Price:  $ 1548400
Taxes:  $ 3239
Property Features
Air Conditioning:  Central Air
Approximate Square Footage:  2500-3000
Basement:  Apartment, Separate Entrance
Exterior:  Brick
Foundation Details:  Block, Poured Concrete
Fronting On:  South
Heat Source:  Gas
Heat Type:  Forced Air
Interior Features:  Countertop Range, Upgraded Insulation, Water Heater, Water Heater Owned
Parking Features:  Private
Roof:  Shingles
Sewers:  Sewer
Sprinklers:  Alarm System, Carbon Monoxide Detectors, Monitored, Security System
Listed By: SUTTON GROUP INCENTIVE REALTY INC. 
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Last Updated:Sunday, August 31, 2025 1:20 PM

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Last Updated On:Sunday, August 31, 2025 2:08 PM