ON > Hamilton > Landsdale
Hamilton, ON L8L 1R6,8 Nightingale ST
Hamilton, ON L8L 1R6,8 Nightingale ST
Hamilton, ON L8L 1R6,8 Nightingale ST
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$775,000
Est. payment /mo
8 Beds
4 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Landsdale

MLS Listing ID X12008186

Style 2 1/2 Storey

Bedrooms 8

Building Age 100+

Annual Tax Amount $4,100

Tax Year 2024

Property Sub-Type Triplex

Lot Depth 127.5

Lot Front 36.04

Appx SqFt 2000-2500

Property Description

Welcome to 8 Nightingale, where investment dreams take flight! Nestled in the coveted Lansdale neighborhood just a stone's throw away from downtown, this expansive 2,022 square foot legal triplex promises not just a property, but a promising investment for astute buyers. Boasting four generously sized 2-bedroom units, this residence stands as a beacon of lucrative possibilities. With an impressive annual gross rent surpassing $60,000 and a cap rate exceeding 6.5%, this property stands tall as a cornerstone for your real estate portfolio. Sitting on a spacious lot measuring 36 feet by 127 feet, ample parking for up to four vehicles awaits, with the added allure of potential for a laneway house, further elevating revenue potential. Moreover, the strategic location - mere steps from the planned LRT stop - positions this property as a prime choice for both current and future tenants, ensuring enduring demand and maximizing your returns. Recent upgrades, including window and roof replacements in 2020, newer kitchens, flooring, lighting and more. Brand new energy efficient combi-broiler installed in 2024 and Fire Escape in 2025. More value-adds can be made later during vacancies. Furthermore, separate hydro meters afford convenience and flexibility, streamlining management and enhancing tenant satisfaction. Embrace hassle-free ownership with a property already filled by exceptional tenants. For a deeper dive into the financial landscape and investment potential, detailed financials are available upon request.

Location

Province ON

County Hamilton

Community Landsdale

Area Hamilton

Zoning D

Rooms

Family Room No

Basement Separate Entrance, Apartment

Kitchen 4

Interior

Interior Features Other

Cooling None

Inclusions Fridge (4), Stove (4), ELFs

Exterior

Exterior Feature Patio

Parking Features Lane

Pool None

Roof Type Asphalt Shingle

Lot Frontage 36.04

Lot Depth 127.5

Total Parking Spaces 4

Building

Foundation Unknown

Others

Senior Community No

Virtual Tour https://sites.genesisvue.com/8nightingalest/?mls

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Listed by KELLER WILLIAMS SIGNATURE REALTY

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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