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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$429,900
Available - For Sale
Listing ID: X12697068
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.
Price $429,900
Taxes: $2,490
Assessment Year: 2026
Occupancy by: Tenant
Address: 220 Emerald Street North , Hamilton, L8L 5K8, Hamilton
Acreage: < .50
Directions/Cross Streets: Barton St. E.
Rooms: 8
Bedrooms: 2
Bedrooms +: 0
Washrooms: 3
Family Room: F
Basement: Full
Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 10.99 14.24
Room 2: Main Kitchen 11.32 14.99
Room 3: Main Bedroom 7.15 11.41
Room 4: Main Living Ro 12.00 8.99
Room 5: Main Kitchen 7.74 6.33
Room 6: Second Living Ro 11.32 10.33
Room 7: Second Kitchen 12.50 9.41
Room 8: Second Bedroom 10.59 11.41
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Second
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Triplex
Style: 2-Storey
Exterior: Aluminum Siding
Brick Veneer
Garage Type: None
(Parking/)Drive: Lane, Priv
Drive Parking Spaces: 2
Park #1
Parking Type: Lane, Priv
Park #2
Parking Type: Lane
Park #3
Parking Type: Private Do
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 1100-1500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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ROYAL LEPAGE NRC REALTY

220 Emerald Street North , Hamilton, L8L 5K8, Hamilton

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Triplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Landsdale
Style: 2-Storey
Lot Size: x 95.85(Feet)
Approximate Age: 100+
Tax: $2,490
Maintenance Fee: $0
Beds: 2
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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