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8 NIGHTINGALE STREET
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8 NIGHTINGALE STREET $775,000
$775,000
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8 NIGHTINGALE STREET
Hamilton (Landsdale), Ontario L8L1R6

MLS® Number: X12008186
8
Bedrooms
4
Bathrooms
2000 - 2500
Square Feet

Listing 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. 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. (40006767)

Location Description

Wentworth/Cannon

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2.5
Square Footage
2000 - 2500 sqft
Community Name
Landsdale
Land Size
36 x 127.5 FT|under 1/2 acre
Age Of Building
100+ years
Annual Property Taxes
$4,100.35
Parking Type
No Garage
Time on REALTOR.ca
17 days

Building

Bedrooms
Above Grade
8
Bathrooms
Total
4
Interior Features
Appliances Included
Stove, Refrigerator
Basement Features
Apartment in basement, Separate entrance
Basement Type
N/A
Building Features
Features
Irregular lot size, Lane
Foundation Type
Unknown
Structures
Patio(s)
Heating & Cooling
Heating Type
Radiant heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick Facing
Neighbourhood Features
Amenities Nearby
Public Transit, Schools
Parking
Parking Type
No Garage
Total Parking Spaces
4

Measurements

Square Footage
2000 - 2500 sqft

Rooms

MetricImperial
Main level
Kitchen
Bedroom
Bedroom
Second level
Kitchen
Bedroom
Bedroom
Third level
Kitchen
Bedroom
Bedroom
Basement
Bedroom
Bedroom
Kitchen

Land

Lot Features
Frontage
36 ft
Land Depth
127 ft ,6 in
Other Property Information
Zoning Description
D
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
647-829-8747
647-829-8747
REALTOR® Website
Email
Book showing
KELLER WILLIAMS SIGNATURE REALTY
Brokerage
245 WYECROFT RD #4C
OAKVILLE, Ontario L6K3Y6
905-844-7788
289-288-0528

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