47 Nightingale Street,Hamilton (Landsdale), ON L8L1R7
Hamilton (Landsdale), ON L8L1R7
Description
47 Nightingale Street, Hamilton is an investment property within a portfolio. A four-door property combining a room-based upper unit with a self-contained basement suite, offered at a 5.83% in-place cap rate on current rents. This fully-tenanted property generates $46,200 in gross annual rent and $34,950 NOI/Profit. The basement is operated as a 3-room unit with its own living room, kitchen, and bathroom, sitting below a 3-door upper unit. Three of the four doors are already month-to-month, giving a new owner a clear, near-term path to reset rents to market on standard notice without waiting years for turnover. The room-based configuration plus a separate basement unit allows income to be grown door-by-door rather than all at once. 2-car parking at the rear adds a rentable amenity in a parking-constrained lower-city location, with further upside available by renting the spots separately. (id:13843)
Details
| MLS # | X13544482 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 118 |
| Listing Provided By | EXP REALTY | Mina Bishay |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,100 |
| Basement | Y |
| Story(s) | 2 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Unknown |
|---|
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 2 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 2556 |
|---|---|
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| City | Hamilton (Landsdale) |
| Postal Code | L8L1R7 |
| Listing VS Median (in L8L1R7) | |
Price: $560,000 low | high Med: $560,000 sqft: 1,100 low | high Med: 1,100 $ / sqft: $509 low | high Med: $509 On site: 118 low | high Med: 118 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Hamilton (Landsdale) |
| Postal Code | L8L1R7 |
| Listing VS Median (in L8L1R7) | |
Price: $560,000 low | high Med: $560,000 sqft: 1,100 low | high Med: 1,100 $ / sqft: $509 low | high Med: $509 On site: 118 low | high Med: 118 | |
