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$429,900
Ontario,Hamilton
For Sale Active
220 N EMERALD Street N, Hamilton, Ontario L8L5K8
  • 2
  • 3
  • 1,324 Sqft
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Basic Details
Description

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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 40798385
  • Price: $429,900
  • Bedrooms: 2
  • Bathrooms: 3
  • Square Footage: 1,324 Sqft
  • Year Built: 1891
  • Status: Active
  • Office Name: Royal LePage NRC Realty Inc.
  • Property Attached Yn: 1
  • Property Sub Type: Single Family
  • Office Key: 55078
Features & Appliances
Features
  • Heating System: Electric, Forced air, Natural gas, Space Heater
  • Cooling System: None
  • Basement: Full, Unfinished
  • Architectural Style: 2 Level
  • Exterior Features: Aluminum siding, Brick Veneer
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Hamilton, 141 - Lansdale, L8L5K8
  • Street: EMERALD
  • Street Number: 220
  • Street Suffix: Street
  • Longitude: W80° 8' 55''
  • Latitude: N43° 15' 32.5''
  • Street Dir Suffix: North
Additional Information
  • Water Source:
  • Lot Size Dimensions: 0.05
  • Stories: 2.0
Financial
  • Tax Annual Amount: 2490
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Listing updated: 2026-01-14 18:05:34
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Listing Information
  • List Agent Key: 1570568
  • List Office Key: 55078
  • Modification Timestamp: 2026-01-14T20:50:11Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-01-14T20:48:58Z
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Listing updated: 2026-01-14 18:05:34
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