47 Wellington Street S, Hamilton

47 Wellington Street S, Hamilton, ON L8N2P9 Photo 1

50 Photos

47 Wellington Street S, Hamilton, ON L8N2P9 Photo 2
47 Wellington Street S, Hamilton, ON L8N2P9 Photo 3
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47 Wellington Street S, Hamilton, ON L8N2P9 Photo 7
  • Living area: 2800 square feet
  • MLS®: h4187962
  • Type: Townhouse
  • Added: 40 days ago

Property Details

Welcome to 47 Wellington St S, situated in the heart of downtown Hamilton. This large LEGAL FOURPLEX offers an exceptional investment opportunity. Conveniently located next to escarpment access while being steps away from urban amenities, this property is completely turnkey, boasting high-end finishes throughout. All units are ABOVE GRADE and feature stainless steel appliances, modern fixtures, in-suite laundry & exposed brick. Currently occupied by excellent tenants, this FOURPLEX offers a stable income stream for investors including separate Hydro & Gas meters, allowing you to minimize your operating expenses. Unit 1 offers a main floor 1 Bedroom, 1 Bathroom space with an open concept kitchen and living room currently rented for $1764.00. Unit 2 features a rear main floor 1 Bedroom, 1 Bathroom space with a great layout rented for $1305.00. Unit 3 boasts a large second floor 2 Bedroom, 1 Bathroom unit with a balcony rented for $1768.00. Unit 4 consists of a spacious third floor 1 Bedroom, 1 Bathroom unit with a dedicated living and dining room rented for $1600.00. This is a rare opportunity to own a LEGAL FOURPLEX with amazing appreciation potential! (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Heating: Forced air, Natural gas
  • Stories: 3
  • Tax Year: 2023
  • Basement: Partially finished, Partial
  • Year Built: 1890
  • Directions: URBAN
  • Living Area: 2800
  • Lot Features: Double width or more driveway, Paved driveway
  • Photos Count: 50
  • Water Source: Municipal water
  • Business Type: Residential
  • Parking Total: 3
  • Structure Type: Fourplex
  • Parking Features: No Garage
  • Tax Annual Amount: 2288
  • Exterior Features: Brick
  • Security Features: Smoke Detectors, Fire alarm system
  • Building Area Total: 2800
  • Foundation Details: Poured Concrete
  • Lot Size Dimensions: 28 x 121.5
  • Architectural Style: 3 Level, Multi-Unit
  • Number Of Units Total: 4

Features

  • Other: Inclusions: All Appliances and light fixtures.\r\nHot Water Heater Rental, Exclusions: Tenant Belongings, Foundation: Poured Concrete, Laundry Access: In-Suite, Leases, Water Meter
  • Heating: Gas, Forced Air
  • Lot Features: Urban
  • Sewer/Water Systems: Sewers: Sewer
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Nearby Places

Name Type Address Distance
King William Street (Hamilton, Ontario) It starts off at the western-end at James Street N... 0.0 km
Beasley Park Park Hamilton 0.4 km
Beasley Park (Hamilton, Ontario) Richard Beasley was one of Hamilton's first settle... 0.4 km
Landmark Place This 43-storey building (130 metres/427 feet) was ... 0.6 km
Royal Connaught Hotel It was built by Harry Frost of Buffalo, New York i... 0.6 km
Slainte Irish Pub Bar 33 Bowen St 0.6 km
Beasley, Hamilton The Beasley neighbourhood is bounded in the north ... 0.7 km
Hamilton Locality Hamilton 0.8 km
St. Paul's Presbyterian Church (Hamilton) The church building, designed by renowned architec... 0.8 km
Hamilton General Hospital Hospital 237 Barton St E 0.8 km
Charlton Avenue (Hamilton, Ontario) This collector road starts off just West of Dundur... 0.8 km
Hamilton General Hospital It is operated by Hamilton Health Sciences and is ... 0.8 km
Similar Townhouses Stat in Hamilton
We have found 6 Townhomes that closely match the specifications of the property located at 47 Wellington Street S with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 649,000 and 1,279,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the L8N2P9 postal code area of Hamilton Ontario Canada.
47 Wellington Street S mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 47 Wellington Street S. The current price of the property is $974,999, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $779,999. This would result in a monthly mortgage payment of $4,559 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 15
Bachelor's degree 40
University / Above bachelor level 10
Certificate of Qualification 10
College 50
University degree at bachelor level or above 75

Neighbourhood Marital Status Stat

Married 160
Widowed 60
Divorced 130
Separated 60
Never married 260
Living common law 45
Married or living common law 200
Not married and not living common law 510

Neighbourhood Construction Date

1961 to 1980 215
1981 to 1990 50
1991 to 2000 55
2001 to 2005 20
1960 or before 175
Comparison of 47 Wellington Street S, Hamilton, ON with Nearby Townhouses
Nearby Cities Listings Avg. price
Stoney Creek Real Estate 190 $1.188.164
West Lincoln Real Estate 58 $2.137.927
Grimsby Real Estate 241 $1.096.175
Brant Real Estate 92 $1.670.544
Caledonia Real Estate 59 $1.440.736
Beamsville Real Estate 72 $1.110.467
Ancaster Real Estate 145 $1.881.048
Burlington Real Estate 787 $1.544.910
Popular Cities Listings Avg. price
Oakville Real Estate 863 $1.941.478
Welland Real Estate 313 $1.001.593
Cambridge Real Estate 411 $1.038.037
St Catharines Real Estate 562 $875.951
Milton Real Estate 377 $1.821.092
Brantford Real Estate 531 $941.169
Niagara Falls Real Estate 674 $1.077.887
Mississauga Real Estate 1332 $1.352.297
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