Homes for sale - 47 Wellington Street S, Hamilton, ON L8N 2P9

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Mike Taylor

Nine Mile Realty

mike@ninemilerealty.ca +1(705) 985-1110

Listed by Bernard Arzadon • EXP Realty

$ 949,900

Est. payment | -/mo

5 Beds

4 Baths

2,800 SqFt

Save

$ 949,900

Est. payment | -/mo

Save

5 Beds

4 Baths

2,800 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $339

MLS Listing ID 40741788

Bedrooms 5

Abv Grd Liv Area 2,800

Year Built 1890

Annual Tax Amount $4,865

Property Sub-Type Multi-4 Unit

Source Hamilton - Burlington

Property Description

Fully renovated LEGAL FOURPLEX, with one unit VACANT, in the heart of Hamilton offering modern style, Victorian character, and rock-solid investment fundamentals. This stunning, all-above-grade, approx. 2,600 sqft building features 3 x 1-bedroom units and 1 x 2-bedroom unit, each with its own kitchen, bathroom, in-suite laundry, stainless steel appliances, and beautiful exposed brick. All four units were professionally renovated between 2018-2020, showcasing sleek finishes, modern lighting, updated kitchens & baths, and thoughtful layouts. One unit is vacant and ready to lease or occupy, while the remaining three are tenanted with AAA+ renters. Rare 3-car parking at the rear. 4 hydro meters, 4 gas meters and 4 hot water tanks, maximizing NOI. Property delivers a strong +6% CAP rate, making this a true cash flow positive, turnkey income property in a highly desirable location. Walkable to downtown amenities, transit, and more. A rare opportunity to invest in a legal, high-quality multi-unit building with character, curb appeal, and upside.

Location

Province ON

County Hamilton

Area 14 - Hamilton Centre

Zoning D5

Direction Main Street East & Wellington St S

Rooms

Basement Separate Entrance, Walk-Up Access, Partial, Partially Finished

Kitchen 0

Interior

Interior Features Other

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Exterior Feature Separate Hydro Meters

Roof Type Asphalt Shing

Lot Frontage 28.0

Lot Depth 121.5

Garage No

Building

Lot Description Rectangular, Hospital, Library, Park, Place of Worship, Public Transit, Schools

Faces Main Street East & Wellington St S

Story 2.5

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 171770004

Ownership Freehold/None

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

47 Wellington Street S Hamilton, ON L8N 2P9