220 EMERALD STREET N, Hamilton, Ontario, L8L 5K8

MLS® # X12697068

Investment For Sale In Landsdale, Hamilton, Ontario

$399,900

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220 Emerald Street N, Hamilton, ON - Outdoor

220 Emerald Street N, Hamilton, ON - Outdoor

220 Emerald Street N, Hamilton, ON - With Exterior

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Bedroom

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Other Room

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Bathroom

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Living Room

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Bathroom

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Bathroom

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Kitchen

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Laundry Room

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Other Room

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Other Room

220 Emerald Street N, Hamilton, ON - Indoor

220 Emerald Street N, Hamilton, ON - Indoor

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Basement

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Basement

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Basement

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Basement

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Basement

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Basement

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Basement

220 Emerald Street N, Hamilton, ON - Outdoor

220 Emerald Street N, Hamilton, ON - Outdoor With Exterior

220 Emerald Street N, Hamilton, ON - Outdoor

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Bathroom

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Bathroom

220 Emerald Street N, Hamilton, ON - Outdoor

220 Emerald Street N, Hamilton, ON - Outdoor

220 Emerald Street N, Hamilton, ON - With Exterior

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Bedroom

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Other Room

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Bathroom

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Living Room

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Bathroom

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Bathroom

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Kitchen

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Laundry Room

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Other Room

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Other Room

220 Emerald Street N, Hamilton, ON - Indoor

220 Emerald Street N, Hamilton, ON - Indoor

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Basement

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Basement

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Basement

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Basement

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Basement

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Basement

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Basement

220 Emerald Street N, Hamilton, ON - Outdoor

220 Emerald Street N, Hamilton, ON - Outdoor With Exterior

220 Emerald Street N, Hamilton, ON - Outdoor

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Bathroom

220 Emerald Street N, Hamilton, ON - Indoor Photo Showing Bathroom

Advertising

220 EMERALD STREET N, Hamilton, Ontario, L8L 5K8

$399,900

Property Information:

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 tenant-ready or available to 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. (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Basement Development: Unfinished
Basement Type: Full
Exterior Finish: Aluminum siding
Floor Space: 1100 - 1500 sqft
Foundation Type: Stone
Heating Type: Forced air, Other, Not known, Not known
Heating Fuel: Electric, Natural gas
Cooling Type: None
Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Features: Lane
Floor Space (approx): 1100 - 1500 Square Feet
Irregular: Yes
Lot Depth: 95.8 Feet
Lot Frontage: 23.6 Feet
Lot Size: 23.6 x 95.9 FT
Zoning: R1a
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 2

Rooms:

Living 2nd Level 3.45 m x 3.15 m
Kitchen 2nd Level 3.81 m x 2.87 m
Bedroom 2nd Level 3.23 m x 3.48 m
Living Main Level 3.35 m x 4.34 m
Kitchen Main Level 3.45 m x 4.57 m
Bedroom Main Level 2.18 m x 3.48 m
Living Main Level 3.66 m x 2.74 m
Kitchen Main Level 2.36 m x 1.93 m

Convert Measurement to:

Rating:

Notes:

Deanna Brown, Sales Representative - Grimsby, ON

Sales Representative Royal LePage NRC Realty , Brokerage*

Office:905.945.1234

Fax:800.635.9228

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Neil Wakani, Sales Representative - Grimsby, ON

Sales Representative The Solds Team Royal LePage NRC Realty , Brokerage*

Office:905.945.1234

Ask about this property

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Market Price Trends

Single family detached

-1.18%

Price change (1 year)

22.86%

Price change (5 years)

All Properties

-0.86%

Price change (1 year)

23.61%

Price change (5 years)

Location of 220 EMERALD STREET N, Hamilton, Ontario, L8L 5K8

Lifestyle
Neighbourhood

Demographic Information of 220 EMERALD STREET N, Hamilton, Ontario, L8L 5K8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$82,327.62

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

30.91 %

High school certificate or equivalent

27.27 %

Apprenticeship trade certificate/diploma

5.15 %

College/non-university certificate

19.19 %

University certificate (below bachelor)

0.96 %

University Degree

16.52 %

Commuter

Travel To Work

By Car

74.14 %

By Public Transit

12.48 %

By Walking

9.35 %

By Bicycle

0.0 %

By Other Methods

4.03 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

32.81 %

Houses

67.19 %

Own Vs. Rent

220 EMERALD STREET N, Hamilton, Ontario, L8L 5K8 $399,900 MLS® # X12697068