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$ 949,900
Est. payment /mo
Active
47 Wellington ST S Hamilton, ON L0R 2H0
5 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Stinson
MLS Listing ID X12237179
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $4,865
Tax Year 2025
Property Sub-Type Fourplex
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
State ON
County Hamilton
Community Stinson
Area Hamilton
Zoning D5
Rooms
Basement Partial Basement, Half
Kitchen 4
Interior
Interior Features Separate Hydro Meter, Separate Heating Controls, Water Heater
Cooling None
Inclusions All Appliances and light fixtures.
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 3
Building
Foundation Concrete Block
Lited by EXP REALTY