Type: Fourplex
Style: 2 1/2 Storey
Size: Sq Ft
Age: Years
Taxes: $ 4,866 ( 2025)
Updated: 2025-06-23 13:44:25
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.
Fourplex
Status: For Sale
MLS #: X12237179
Price: $ 949,900
Address: 47 Wellington Street
Type:
Style: 2 1/2 Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 4,866
Tax Year: 2025
Lot Size:
Neighbourhood: Stinson
Nearest Intersection: Main Street East & Wellington
City: Hamilton
Postal Code: L0R 2H0
DOM: 48 Days
Last Update: 2025-06-23 13:44:25
Bedrooms: 5
Bathrooms: 4
Rooms: 0
Kitchens: 4
Family Room:
Fireplace:
Basement: Partial Basement|Half,
Central Vacuum:
Exterior: Brick,
Driveway:
Garage:
Garage Spaces:
Parking Spaces: 3.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: None
Water:
Sewers: