220 EMERALD Street N, Hamilton

2026-01-14
 

Quick Summary

Location
220 EMERALD Street N, Hamilton, Ontario L8L5K8
Price
$399,900 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
1324 sqft
Bedrooms:
2
Bathrooms:
3
Garages:
2
Year of Construction:
1891

MLS®#40798621

Property Description

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. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit

Building

  • Basement Development: Unfinished
  • Basement Type: Full (Unfinished)
  • Cooling Type: None
  • Exterior Finish: Aluminum siding, Brick Veneer
  • Fireplace: No
  • Interior Size: 1324 sqft
  • Building Type: Triplex
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 0.05 ac|under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: R1a

Information entered by Royal LePage NRC Realty Inc.
Listing information last updated on: 2026-05-12 00:12:18


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