88 Tisdale St S

Hamilton | Stinson | L8N 2W2
  • 7 + 2
  • 4
  • 0

$1,898,000

Est. Mtg $6,435 /mo
  • Days on market

    70

  • Status

    New

Listing Broker SUTTON GROUP INCENTIVE REALTY INC.
Since listed: 3 views

Home details

MLS #:

X11967847

Property type:
Multiplex
Style:
3-Storey
Taxes:
$3,239
Possession:
FLEX
Lot Front:
34.12   Feet
Lot Depth:
50.25   Feet
Basement:
Apartment | Sep Entrance
Driveway Pkg:
2
Heat:
Gas | Forced Air

Description


88 Tisdale St S, , Hamilton, Ontario is a Multiplex property in Hamilton and in the Stinson community in the L8N 2W2 postal code


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!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2022-03 2022-03 $799,900 $799,900 Sus X5529741
2022-03 2022-05 $949,000 $849,900 Sus X5553431
2022-04 2022-05 $899,900 $899,900 Sus X5578116
2022-05 2022-06 $849,900 $849,900 Sus X5614189
2022-06 2022-09 $799,900 $784,900 Sus X5643798
2022-09 2022-11 $729,900 $660,000 Sld X5753640
2024-05 2024-09 $1,499,000 $1,499,000 Sus X8333544
2024-09 2025-02 $3,000 $2,900 Ter X9367020
2024-09 2025-02 $2,550 $2,400 Ter X9366949
2025-02 2025-02 $1,898,000 $1,898,000 New X11967847

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Hamilton :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 88 Tisdale St S

Based on available 3rd party data

$6840

Approximate costs per month

Mortgage
$6435 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$269 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker SUTTON GROUP INCENTIVE REALTY INC.
Data Source: TRREB

Payment calculator

$6705 monthly. In association with: TD Bank
%
  • Principal and Interest
    6435 /mo
  • Property Taxes
    $269 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Jim Millis, Realtor

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