Description

Price : $949,000.00 MLS® : X12201532 / 85 Wilson Street, Hamilton, ON L8R 1C7

Turn-Key 4-Plex Investment Opportunity in Prime Downtown Location. Rare opportunity to own a fully tenanted and updated 4-unit multiplex in the heart of downtown, just steps from Jackson Square and within walking distance to all major amenities.This well-maintained building features three 1-bedroom units and one 2-bedroom unit, each separately metered for hydro, offering strong income and minimal overhead. With a gross annual income of $84,000, this is the perfect property for first-time or seasoned investors looking for reliable cash flow. Property Highlights:Unit Mix: 3 x 1-Bedroom, 1 x 2-BedroomGross Income: $84,000 per year Condition: All units updated and furnished to standard. Features: Terrazzo floors in hallways, carpeted stairsFire Safety: Fire alarms and extinguishers on each hallway levelExtras: Locker room, on-site parkingSecurity: Very secure buildingThis is a hands-off, income-generating property in a high-demand area nothing to do but collect rent. Ideal for investors seeking stability and strong rental demand in a growing urban market.

Location Description

WILSON ST & CATHARINE ST

Property Details
  • Community: Beasley
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 5
  • Bath: 4
  • Garages: None
  • Annual Property Taxes : $ 4500
Building Features
  • Foundation Type: Concrete Block
  • Counstruction Material : Brick-Stone
  • Total Parking Space : 1
  • Parking Type : None
Features
  • Heating : Forced AirGas
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 33 sq.ft
  • Land Depth: 60sq.ft

Listing Contracted With: RE/MAX ABOUTOWNE REALTY CORP.