



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$989,900
Hamilton
147 Emerald Street South, Hamilton (Stinson), Ontario, L8N2V4
This multi-family property in Hamilton is for sale offering roughly 3,250 sq ft of space. It has been on the market 41 days, fresher than the Hamilton average of 91 days.
Investor Opportunity in Prime Central Hamilton Stinson neighbourhood! This beautifully maintained Victorian-style fourplex offers the perfect blend of historic charm and modern convenience in a highly desirable location just below the escarpment. Each self-contained unit has been thoughtfully updated and well cared for, featuring in-suite washer and dryer unit 2-3, units 1/basement share laundry in the lower level, Units 1-3 equip with split system wall unit AC, functional layouts, and character details that reflect the timeless architecture of the home.The property offers three surface parking spaces plus a detached double-car garage with hydro, providing excellent convenience for tenants and additional potential uses for storage or workspace. Pride of ownership is evident throughout, making this a turnkey addition to any investment portfolio.Ideal for investors seeking strong long-term value or owner-occupants looking to live in a spacious, character-filled unit while generating rental income from the additional suites to help subsidize the mortgage. Located close to downtown amenities, transit, parks, and escarpment access, this property offers both lifestyle and investment appeal (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 41 days on market, against an average age of 91 days across the listings currently for sale in this city
This 6-bed multi-family in Hamilton (Stinson) has been listed for 41 days, which is 50 days fresher than the city average of 91. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $989,900, about 18.1× the local median household income of $54,800.
Carrying it typically needs a household income of about $193,362 (20% down, 25-yr amortization, stress-tested) — roughly 253% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8N)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice