47 Wellington Street, Hamilton, ON Image 1

$949,900

Fourplex For Sale
MLS - #X12237179
Jun 23- By EXP REALTY

47 Wellington Street, Hamilton, ON L0R 2H0

5 Bed
4 Bath
2500-3000 Sqft.
None Garage

Property Description

Property type

Fourplex

Lot size

N/A

Style

2 1/2 Storey

Approx. Area

2500-3000 Sqft

About 47 Wellington Street

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.

Home Overview

Last updated

Jun 23

Virtual tour

None

Basement information

Partial Basement, Half

Building size

--

Status

In-Active

Property sub type

Fourplex

Maintenance fee

$N/A

Year built

2025

Additional Details

Basement:Partial Basement, Half
Cooling:None
Heating:Forced Air
Parking Features:N/A
1
Similar Homes Found
$949,000
Average Price
0.1%
Higher than average

Price Comparison

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Location

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Walk Score for 47 Wellington Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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