Hamilton, ON L8N 2W2
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.
TRREB MLS® Attribution
MLS® X13072370
Listed by SUTTON GROUP INCENTIVE REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$6,344
/month · $1,039,270 mortgage
Amortization
Total Interest
$863,815
Total Cost
$1,903,085
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
SUTTON GROUP INCENTIVE REALTY INC.