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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 +6.5% 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.
All Appliances and light fixtures.
City: Hamilton
Neighborhood: Stinson
Purchase Price | $899900 |
Down Payment | $179980 |
Mortgage Insurance | $0 |
Total Mortgage | $719920 |
Mortgage Payment | $4436 |
Property Taxes | $406 |
Maintenance Fees | $0 |
Monthly Payment | $4842 |
Located at 47 Wellington St S , this Hamilton house is available for sale. This property was listed for $899,900 on Thu Sep 04 2025. This house's size is 2500-3000 Sqft. It has 5 bedrooms and 4 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 3 parking spots. 47 Wellington St S, Hamilton is situated in the Stinson neighbourhood.
MLS#: X12381970 · $899,900 · 5 bedroom house in Stinson, Hamilton