47 Wellington Street S, Hamilton ON L8N 2P9

$ 949,900
47 Wellington Street S, Hamilton ON L8N 2P9,
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Overview

  • Updated On:
  • June 23, 2025
  • 5 Bedrooms
  • 4 Bathrooms
  • 2,800 ft2

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.

Address: 47 Wellington Street S, Hamilton ON L8N 2P9
City:
State/County:
Zip: L8N 2P9
Country: CA
Open In Google Maps
Property Id : 2901864
Price: $ 949,900
Property Size: 2,800 ft2
Bedrooms: 5
Bathrooms: 4
Other Features
Dishwasher
Dryer
Has Heating System
Open Parking
Other
Refrigerator
Separate Hydro Meters
Stove
Washer
$ 3,682.95
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,682.95

Mazher Latif

Real Estate Agent
Member of: Cityscape Real Estate Ltd., Brokerage

Contact Me

Schedule a showing?
Call +1 (519) 209-6934 WhatsApp

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Mazher Latif