105 Emerson Street

Hamilton, ONHouse
$750,000
MLS® X13805440
House6 beds3 baths1 total
105 Emerson Street, Hamilton, ON photo 1
105 Emerson Street, Hamilton, ON photo 2
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About This Property

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. (id:63604)

Key Facts

Type
House
Beds
6
Baths
3
Size
1,100 sqft
Lot
25 x 66.7 FT
Parking
1 total
Property Details 14 details
Bedrooms
6 bedrooms
6 above grade
Bathrooms
3 bathrooms
Parking
1 parking space
No Garage
Living area
1,100 - 1,500 sq. ft.
Property
Single Family
Property subtype
Single Family
Structure type
Other
Storeys
2
Basement
Unfinished
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
25 x 66.7 FT
Frontage
25 feet
Taxes
$5,279.02 (2,026)
Water source
Municipal water
Sewer
Sanitary sewer

Exterior features

SteelConcreteFenced yard

Systems and association

Smoke Detectors

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$750,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Ainslie Wood
City
Hamilton
Postal code
L8S 2X5
Nearby
Cross Streets: Emerson & Main St W. ** Directions: Use GPS to navigate to property.