Room 1
Level not provided
105 Emerson St
Ainslie Wood, Hamilton, Ontario L8S 2X5
Description
INVESTORS & DEVELOPERS - DON'T MISS THIS ONE! 105 Emerson St presents a rare opportunity to acquire a property with a clear path toward a 7-bedroom income-producing rooming house in a well-established Hamilton neighbourhood. This property offers investors the potential to capitalize on Hamilton's strong rental market and ongoing demand for well-located housing. Currently zoned Commercial on the main floor and Residential on the second floor, this property offers a unique opportunity to maximize its income potential through a thoughtfully planned conversion. The heavy lifting has already been done. Plans and permits are in place, providing the next owner with a defined roadmap to move the project forward without starting from scratch. The location provides convenient access to major transportation routes, public transit, schools, shopping, restaurants, parks, and everyday amenities. Its proximity to key employment and institutional hubs adds to the property's appeal for a broad tenant pool.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13805440
- Board
- TRREB MLS®
- Days on market
- Tax
- $5,279
- Size
- 1100-1500 sqft
- Lot
- 25 × 66.66 Feet
- Parking
- None, 1 Parking
Listing History
Buy/Sell history for 105 Emerson St, Hamilton, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $750,000 | N/A | For Sale | X13805440 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Other
- Style
- 2-Storey
- Community
- Ainslie Wood
- Municipality
- Hamilton
Inside
- Bedrooms
- 6
- Bathrooms
- 3
- Bathroom Detail
- 1, 3pc, Main
- Bathroom Detail
- 1, 4pc, Main
- Bathroom Detail
- 1, 3pc, 2nd
- Basement Type
- Unfinished
- Kitchens
- 3
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Building
- Size
- 1100-1500 sqft
- Construction
- Metal/Side
Parking
- Driveway
- Private
- Garage Type
- None
- Add. Parking
- 1
- Total Parking
- 1
Land
- Sewer
- Sewers
- Lot Size
- 25 × 66.66 Feet
- Lot Size Code
- Feet
Additional
- Year built
- 100+
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$3,438
- Down payment$150,000
- Mortgage amount$600,000
- Total interest$431,400
- Total cost$1,181,400
Cash flow analysis
$3,438
Total monthly payment
$3,878
Break-even down payment
100%
Cash flow-$3,878
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$750,000
$750,000
CAD
Estimated market value
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