$775,000Asking Price
8 Nightingale Street, Hamilton, ON L8L 1R6
Landsdale, Hamilton
Welcome to 8 Nightingale, where investment dreams take flight! Nestled in the coveted Lansdale neighborhood just a stone's throw away from downtown, this expansive 2,022 square foot legal triplex promises not just a property, but a promising investment for astute buyers. Boasting four generously sized 2-bedroom units, this residence stands as a beacon of lucrative possibilities. With an impressive annual gross rent surpassing $60,000 and a cap rate exceeding 6.5%, this property stands tall as a cornerstone for your real estate portfolio. Sitting on a spacious lot measuring 36 feet by 127 feet, ample parking for up to four vehicles awaits, with the added allure of potential for a laneway house, further elevating revenue potential. Moreover, the strategic location - mere steps from the planned LRT stop - positions this property as a prime choice for both current and future tenants, ensuring enduring demand and maximizing your returns. Recent upgrades, including window and roof replacements in 2020, newer kitchens, flooring, lighting and more. More value-adds can be made later during vacancies. Furthermore, separate hydro meters afford convenience and flexibility, streamlining management and enhancing tenant satisfaction. Embrace hassle-free ownership with a property already filled by exceptional tenants. For a deeper dive into the financial landscape and investment potential, detailed financials are available upon request.
Welcome to 8 Nightingale, where investment dreams take flight! Nestled in the coveted Lansdale neighborhood just a stone's throw away from downtown, this expansive 2,022 square foot legal triplex promises not just a property, but a promising investment for astute buyers. Boasting four generously sized 2-bedroom units, this residence stands as a beacon of lucrative possibilities. With an impressive annual gross rent surpassing $60,000 and a cap rate exceeding 6.5%, this property stands tall as a cornerstone for your real estate portfolio. Sitting on a spacious lot measuring 36 feet by 127 feet, ample parking for up to four vehicles awaits, with the added allure of potential for a laneway house, further elevating revenue potential. Moreover, the strategic location - mere steps from the planned LRT stop - positions this property as a prime choice for both current and future tenants, ensuring enduring demand and maximizing your returns. Recent upgrades, including window and roof replacements in 2020, newer kitchens, flooring, lighting and more. More value-adds can be made later during vacancies. Furthermore, separate hydro meters afford convenience and flexibility, streamlining management and enhancing tenant satisfaction. Embrace hassle-free ownership with a property already filled by exceptional tenants. For a deeper dive into the financial landscape and investment potential, detailed financials are available upon request.
See MoreKey Info
- 2.5-Storey Triplex
- 4 Parking
- No Garage
- Wentworth/Cannon
- 2000-2500 Approximate Sq Feet
- 100+ Years Approximate Age
- No Ensuite Laundry
- Radiant Gas Heating
- No A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $4,100 in 2024
Details
- Brick Front Exterior
- No Fireplace
- 4 Kitchens
- MLS #X12008186
- KELLER WILLIAMS SIGNATURE REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 10.24' x 13.25' | |
 | 1 3-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
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Who lives here?
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.
Families
Kids Per Family
1.2
kids per family
in the neighbourhood.
Singles
58%
of residents are
single and loving it.
58% singles
Hamilton (46%)Renters
62%
of residents
are renters.
62% renters
Hamilton (32%)Education
16%
of residents are
university grads.
16% university grads
Hamilton (28%)Income
Average Household Income
$55K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 14% |
| Trades | 11% |
| Business | 6% |
| Manufacturing | 5% |
| Government | 5% |
Immigrants
29%
of residents were
born outside of Canada.
29% immigrants
Hamilton (25%)Birthplace - All
6.3% from Portugal
All-time
Birthplace - Recent
0.4% from Syria
Recent
Foreign Languages
Foreign Languages
| Portuguese | 7% |
| Vietnamese | 3% |
| Spanish | 2% |
| Italian | 2% |
| French | 2% |
Religions
Religions
| Christian | 68% |
| Muslim | 3% |
| Buddhist | 2% |
