220 Emerald St N

Hamilton, ON L8L 5K8
  • $399,900

    Price
  • 2

    Bed
  • 3

    Bath
  • 1,324

    SqFt

About the Listing HBRLPNRCRLTY - HBBROWNDE,HBWAKANNE

You really can't miss this value added investment that not only makes a strong statement on the street, but is a strong investment too! Not only a bold facade, but a bold nearly 8% potential cap rate make this solid semi-detached currently set up as 3 self-contained units an ideal income generating property. The fully renovated rear one-bedroom unit and second-floor one-bedroom are fully occupied, and the front studio is ready to rent or update to suit your needs, offering a turn-key opportunity to get into the in-demand Hamilton rental market. The main floor could be consolidated back into one unit for the owner who may want to live in and rent the upper unit. Recent improvements include a complete frame-in renovation of the rear unit, as well as new furnace and hot water tank (2021), updated wiring with 200-amp breaker panel and some exterior brick repointing with the front and side painted (2022), rear stairs replaced (2019), tiled tub surround & bedroom flooring in upper unit just replaced March 2026. Two rear parking spaces on a concrete driveway with paved alley access, plus proximity to downtown and public transit routes makes it a very attractive prospect to tenants. A practical & profitable opportunity for investors to build long-term equity in an improving Lansdale neighbourhood.

Listing Highlights

Status Active
Days on Site 93
Property Type Multi-Family
MLS ® 40798621
Year Built 1891
Total Square Footage 1,324
Lot/Acreage 0.05

Interior Details

  • Bedrooms: 2
  • Bathrooms: 3 Full
  • Appliances: Dryer, Refrigerator, Stove, Washer
  • Air Cond:
  • Heating: Electric,Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1324
  • Below Ground Sq Ft: n/a
  • Basement: Full,Unfinished
  • Other:
  • Water: Municipal

Exterior Details

  • Lot Description: Public Transit
  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Lot Dimensions: 23.58 x 95.85
  • Zoning: R1a
  • Roof: Asphalt Shing
  • Others:
  • Sewer: Sewer (Municipal)
  • Parking Features: Lane/Alley Parking,Concrete

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 171840165
  • Tax Year: N/A

Payment Calculator

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Questions About..

220 Emerald St N Hamilton, ON L8L 5K8

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Originating MLS: Cornerstone

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