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Renanza Realty
For sale

47 NIGHTINGALE STREET

Hamilton (Landsdale), Ontario

MLS® X13544482

$560,000

Status
Active
Property type
House
MLS® number
X13544482
Bedrooms
6
Bathrooms
2
Year built
—

Listing 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.

Property summary

MLS® number
X13544482
Property type
Single Family
Building type
House
Title
Freehold
Land size
21 x 113 FT
Annual property taxes
$2,556.00
Parking
2 spaces · No Garage
Days on market
85 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Partial
Exterior features
Brick

What would this home cost you?

Based on the $560,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,606 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of EXP REALTY, TORONTO.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.