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Pemberton Holmes Ltd.

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105 Emerson Street
homes for sale · Hamilton · Ainslie Wood
105 Emerson Street — photo 1 of 2
105 Emerson Street — photo 2 of 2
1 / 2
$750,000

105 Emerson Street

Ainslie Wood, Hamilton · MLS® X13805440

631

House · Single Family · 35 days on market

listed by CARYN PARCHMENT, COLDWELL BANKER THE REAL ESTATE CENTRE

realtor's 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.

property details

type
House, Single Family
bedrooms
6
bathrooms
3
parking
1
property tax
$5,279 / yr
days on market
35
MLS®
X13805440

monthly cost

$3,708/mo
Mortgage $3,268 · Tax $440

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$3,268/ monthly
loan $600,000
25-year amortization
total interest
$380,303
cash to close
$150,000
down payment; transfer tax and fees not included
total paid
$980,303

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Ainslie Wood, HamiltonGoogle Maps ↗

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listed by
CARYN PARCHMENT
COLDWELL BANKER THE REAL ESTATE CENTRE
call CARYN · 416-831-3225
Powered by: REALTOR.ca
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location

Ainslie Wood, HamiltonGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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