47 Wellington ST S new

Hamilton,ON L0R 2H0

$ 949900

5 Beds

4 Baths

- SqFt


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

Province ON

County Hamilton

Community Stinson

Area Hamilton

Rooms

Family Room No

Basement Partial Basement,Half

Kitchen 4

Interior

Interior Features Separate Hydro Meter,Separate Heating Controls,Water Heater

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 100.0

Lot Depth 185.0

Total Parking Spaces 3

Building

Unit Features Place Of Worship,Public Transit,Park,Library,Rec./Commun.Centre,Hospital

Foundation Concrete Block

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