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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 (Stinson), Ontario L0R2H0

MLS® Number: X12237179
5
Bedrooms
4
Bathrooms
2500 - 3000
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. (40740477)

Location Description

Main Street East & Wellington

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2.5
Square Footage
2500 - 3000 sqft
Community Name
Stinson
Land Size
100 x 185 FT
Annual Property Taxes
$4,865.69
Parking Type
No Garage
Time on REALTOR.ca
6 days

Building

Bedrooms
Above Grade
5
Bathrooms
Total
4
Interior Features
Appliances Included
Water Heater, All
Basement Type
Partial
Building Features
Foundation Type
Block
Building Amenities
Separate Electricity Meters, Separate Heating Controls
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Place of Worship, Public Transit, Park, Hospital
Parking
Parking Type
No Garage
Total Parking Spaces
3

Measurements

Square Footage
2500 - 3000 sqft

Land

Lot Features
Frontage
100 ft
Land Depth
185 ft
Other Property Information
Zoning Description
D5
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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