$600,000Asking Price
This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. 47 Nightingale Street, Hamilton is 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.
This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. 47 Nightingale Street, Hamilton is 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.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 2 3-Piece Bathrooms | ||||
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Landsdale, Hamilton is a west GTA neighbourhood notable for its singles, renters and tradespeople. It has a higher than average population of immigrants, particularly those from Portugal, and Portuguese speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 9, youth aged 20 to 24 and adults aged 25 to 44, 25 to 44 and 25 to 44.
Kids Per Family
1.2
kids per family
in the neighbourhood.
58%
of residents are
single and loving it.
58% singles
Hamilton (46%)
62%
of residents
are renters.
62% renters
Hamilton (32%)
16%
of residents are
university grads.
16% university grads
Hamilton (28%)Average Household Income
$55K
is the average household
income in the neighbourhood.
Professions
| Sales | 14% |
| Trades | 11% |
| Business | 6% |
| Manufacturing | 5% |
| Government | 5% |
29%
of residents were
born outside of Canada.
29% immigrants
Hamilton (25%)6.3% from Portugal
All-time
0.4% from Syria
Recent
Foreign Languages
| Portuguese | 7% |
| Vietnamese | 3% |
| Spanish | 2% |
| Italian | 2% |
| French | 2% |
Religions
| Christian | 68% |
| Muslim | 3% |
| Buddhist | 2% |