47 Wellington ST S new Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L0R 2H0
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