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Home ON Greater Hamilton Hamilton Old Hamilton Stinson
47 WELLINGTON Street S
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47 WELLINGTON Street S $949,900
6 days ago
$949,900
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47 WELLINGTON Street S
Hamilton, Ontario L8N2P9

MLS® Number: 40741788
5
Bedrooms
4
Bathrooms
2800
Square Feet

Listing 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. (69244847)

Location Description

Main Street East & Wellington St S

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2.5
Square Footage
2800 sqft
Subdivision Name
142 - Corktown
Title
Freehold
Land Size
under 1/2 acre
Built in
1890
Annual Property Taxes
$4,865.69
Total Parking Spaces
3
Time on REALTOR.ca
6 days

Building

Bathrooms
Total
4
Interior Features
Basement Type
Partial (Partially finished)
Building Features
Foundation Type
Block
Fire Protection
Alarm system, Unknown
Rental Equipment
Water Heater
Total Units
4
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Hospital, Park, Place of Worship, Public Transit, Schools
Parking
Total Parking Spaces
3

Measurements

Square Footage
2800 sqft
Above Grade Finished
2800 sqft
Source: Other

Land

Lot Features
Frontage
28 ft
Land Depth
122 ft
Other Property Information
Zoning Description
D5
Data provided by: Cornerstone - Hamilton-Burlington 505 York Boulevard, Hamilton, Ontario L8R 3K4

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