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BEDROOMS4
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KITCHENS12 + 5
ROOMSX12855452
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Property Description
Investor Opportunity in Prime Central Hamilton! 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.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2017-03-16 | 2017-04-15 | 30 | $749,900 | $715,000 |
| 2016-10-12 | 2016-10-28 | 16 | $649,900 | $635,000 |
| 2008-03-03 | 2008-04-23 | 51 | $249,900 | $245,000 |
Nearby Intersections
Property Features
Park, Public Transit, Rec./Commun.Centre, School, Separate Heating Controls, Separate Hydro Meter, Private
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Property Details
Address
147 Emerald Street
Community
City
Postal Code
L8N 2V4
Property Type
Multiplex, Multiplex
Zoning
E
Lot Size
52' x 105'
Taxes
$7,950 (2025
Basement
Finished, Separate Entrance
Exterior
Landscaped, Porch
Heat Type
Radiant
Heat Source
Other
Water
Municipal
Parking Spaces
3
Garage Type
Detached
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Listing contracted with Re/Max Escarpment Realty Inc.
Attention Investors! Exceptional mixed-use opportunity in a high-visibility Hamilton location. This property features 4 self-contained units, including 1 commercial unit and 3 residential units, offering excellent income potential. The building is equipped with separate hydro meters and separate water shut-offs for added convenience and management efficiency. A detached garage and storage shed, both with hydro, provide additional functionality and storage options. Parking includes 2 spaces at the front and 2 spaces at the rear of the property. A street-facing sign connected to hydro offers valuable advertising exposure along busy Main Street East, enhancing visibility for commercial occupants. Being sold with vacant possession, providing the opportunity for a purchaser to establish future tenancies and rental rates. Conveniently located near transit, amenities, and major commuter routes. A versatile addition to any investment portfolio.
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