220 Emerald Street N Hamilton, Ontario L8L 5K8
$429,900
You really can't miss this value added 3-unit 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 8% potential cap rate make this solid triplex an ideal mix of immediate income and plenty of opportunity to be realized. The fully renovated rear one-bedroom unit is tenanted, while the front studio and second-floor one-bedroom are vacant and ready for updates, allowing you to set market rents and select tenants. 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),. 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:61852)
Property Details
| MLS® Number | X12697068 |
| Property Type | Multi-family |
| Community Name | Landsdale |
| Features | Lane |
| ParkingSpaceTotal | 2 |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 2 |
| BedroomsTotal | 2 |
| Age | 100+ Years |
| Appliances | Water Heater, Dryer, Two Stoves, Washer, Refrigerator |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| CoolingType | None |
| ExteriorFinish | Aluminum Siding, Brick Veneer |
| FoundationType | Stone |
| HeatingFuel | Electric, Natural Gas |
| HeatingType | Forced Air, Other, Not Known |
| StoriesTotal | 2 |
| SizeInterior | 1100 - 1500 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 95 Ft ,10 In |
| SizeFrontage | 23 Ft ,7 In |
| SizeIrregular | 23.6 X 95.9 Ft |
| SizeTotalText | 23.6 X 95.9 Ft|under 1/2 Acre |
| ZoningDescription | D |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 3.45 m | 3.15 m | 3.45 m x 3.15 m |
| Second Level | Kitchen | 3.81 m | 2.87 m | 3.81 m x 2.87 m |
| Second Level | Bedroom | 3.23 m | 3.48 m | 3.23 m x 3.48 m |
| Main Level | Living Room | 3.35 m | 4.34 m | 3.35 m x 4.34 m |
| Main Level | Kitchen | 3.45 m | 4.57 m | 3.45 m x 4.57 m |
| Main Level | Bedroom | 2.18 m | 3.48 m | 2.18 m x 3.48 m |
| Main Level | Living Room | 3.66 m | 2.74 m | 3.66 m x 2.74 m |
| Main Level | Kitchen | 2.36 m | 1.93 m | 2.36 m x 1.93 m |
https://www.realtor.ca/real-estate/29252032/220-emerald-street-n-hamilton-landsdale-landsdale
Interested?
Contact us for more information
Deanna Brown
Salesperson
41 Main St W
Grimsby, Ontario L2R 1R3
Neil Wakani
Salesperson
33 Maywood Ave
St. Catharines, Ontario L2R 1C5
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January 14 2026 10:43:42
Toronto Real Estate Board
Royal LePage NRC Realty