$899,000
Status: For Sale
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. 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.
| Price | :$899,000 |
| Property Taxes | :$3961.00 |
| Tax Year | :2023 |
| Bedrooms | :8 + |
| No. of Rooms | :12 |
| Air Conditioning | :None |
| Heating | :Radiant |
| Place of Worship | :No |
| Cross Street | :Wentworth/Cannon |
| Bathrooms | :4 |
| Fuel | :Gas |
| Approx Square Footage | :2000-2500 sqft |
| Virtual Tour | :Virtual Tour (External Link) |
| Exterior Finish | :Brick Front |
| Internet | :Yes |
| Parking Space | :4 |
| Basement | :Apartment |
| Garage | :None |
| Public Transit | :No |
| School | :No |
08 May, 2024
TREB #X8317378
Listed
$899000.0
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8 Nightingale St brings to you its latest residential development at a prime location in Hamilton, Ontario.
KELLER WILLIAMS SIGNATURE REALTY presents 8 Nightingale St to the aspiring future-residents. The Property is for Sale and Available, it offers high capital appreciation and available at a price of 899,000. 8 Nightingale St is the most luxurious Resedential nestled in Landsdale, Hamilton, Ontario Canada. 8 Nightingale St development is a master-planned residential community located in Canada. These mesmerizing and breath-taking Triplex are the ideal fit for those who aspire to live an opulent life in the most sought-after locality. the area is intended to create a safe and welcoming pedestrian experience. The residences of 8 Nightingale St embody modern sophistication combined with the charm of the classic.
The residents at 8 Nightingale St can enjoy exclusive access to an array of top-notch area size 2000-2500 sqft. Wait there’s more! 8 Nightingale St also offers impressive exterior and interior features and finishes to offer you a lavishing lifestyle. It also covers 8+ beds, 4 baths.
Square Yards is offering Cashback amount of $4,495 on Booking the inventory, the project is live since 11 Days, there is 38.33000000000001% Increase in Price since 2019-11-18. Hamilton Real Estate offers mls multiple listing service from the real estate board of Hamilton. Square Yards offers quality services provided by trusted real estate agent and professionals who support in buying home or renting a property.
