170 Emerald Street S, Hamilton

$679,900
170 Emerald Street S

$679,900

New
23d
Detached2 1/2 Storey

170 Emerald Street S, Hamilton

Total Monthly Obligation $3,534

Beds
3
Baths
2
Park
3
Sqft
1500-2000
DOM
23d
Score
19
Yield
5.0%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Detached
MLS® Number-X13843956
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-30 × 101.66 ft
Listed on site-Sep 30, 2026
Style-2 1/2 Storey
Building Type-Detached
Taxes-$4,998.73 (2026)
Parking-3 - Detached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-Epique Realty
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Stinson
Title-Residential Freehold

No agent assigned

Live in one suite and rent the other, or rent both. This legal non-conforming duplex, built in 1900, delivers two self-contained units on a quiet dead-end street at the base of the escarpment in Hamilton's Stinson neighbourhood. With a tenant already in place on the main floor, rental income is there from day one, while the upper unit has been updated with new flooring, fresh paint and new light fixtures, so it is ready for you to move in or rent out. Upstairs, the second floor holds a kitchen, two bedrooms and a 4-piece bath, and the attic level adds a second living area and a bonus room with potential for an additional bedroom or home office. Downstairs, the main-floor unit features a living room, kitchen, 4-piece bath and one bedroom. Separate entrances and hydro meters give each household its own space and utilities, and shared basement laundry keeps things simple. A private driveway fits 3-4 vehicles, a detached garage adds storage, and the fenced, low-maintenance backyard includes a patio. Two suites, built-in income and room to grow: book your private showing and see the value for yourself. **Upper Unit has been virtually staged

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$543,920
Land Transfer Taxes$10,073
Legal Fees (Est.)
$
Total cash required for closing$147,553

Total Monthly Obligation

$3,534/mo
Mortgage $2,743
Monthly Loss $2,812
Principal$722
Interest$2,021
Property Tax$417
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.4%32
10-Year IRR
10.2%
Returns Index
16.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,284/yr
NOI
$21,357/yr
Net Cash Flow
-$963/mo
Cash Margin
-33.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 170 Emerald Street S

Time

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