47 WELLINGTON STREET SOUTH

Hamilton (Stinson), , L0R2H0, Canada

$949,900

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.

EXTRAS: All, Water Heater

Last updated on : Monday 23rd of June 2025 11:21:04 AM

ADDRESS

Street : 47 WELLINGTON STREET SOUTH

City : Hamilton (Stinson)

Country : Canada

Postal Code : L0R2H0

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PROPERTY SUMMARY

Property ID : X12237179

Building Type : Fourplex

Property Type : Multi-family

Bedrooms : 5

Bathrooms : 4

Parking : 3

Parking Type: No Garage

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