47 Nightingale Street, Hamilton
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:1945)
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Property details for 47 Nightingale Street, Hamilton
- Type
- Residential
- Bedrooms
- 6
- Bathrooms
- 2
- Lot Size
- 21 x 113 FT
- Stories
- 2.5
- Basement
- Partial
- Parking
- No Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick
- Ownership
- Freehold
- Annual Taxes
- $2,556 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 47 Nightingale Street
Active Listings
7
Min Price
$529,000
Max Price
$832,000
Avg Price
$639,479
Days on Market
47
days
Sold Listings
4
Min Sold Price
$200,000
Max Sold Price
$747,777
Avg Sold Price
$473,889
Days until Sold
11
days
Neighbourhood Census Data
Hamilton, Ontario
Population
340
Median Age
35.6
Median Income
$21,888
Dwelling Value
$249,997
Housing Tenure
Owners 55%
Renters 41%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.3
Pop. Density: 6,017.7/km²
Avg Shelter Cost: $964/mo
Owners with Mortgage: 80%
Owners Spending 30%+: 20%
Tenants Spending 30%+: 61.5%
English only: 88.2%
English and French: 4.4%
Neither: 5.9%
Median Household Income: $42,112
Median Employment Income: $26,944
Price History
Listed
July 9, 2026
by EXP REALTY
Current Price
$560,000
-6.7% from last change
Type
Residential
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $560,000 | $40,000 (-6.7%) |
| Aug 12, 2026 | $600,000 | Listed |
Contact Agent Get in touch about 47 Nightingale Street, Hamilton
Mina Bishay
EXP REALTY
