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9
BEDROOMS 4
BATHROOMS 4
KITCHENS 29
ROOMS X13664268
MLSID Contact Us
Property Description
Welcome to 132 Emerald, an impressive four-unit Victorian property filled with timeless character and outstanding potential. Set on a deep, beautifully landscaped lot, this stately home offers a generous backyard and parking for approximately three vehicles.Inside, soaring ceilings, oversized windows, original flooring, elegant Victorian trim, crown moulding, and a striking marble fireplace create an unforgettable sense of charm. The spacious residences feature functional layouts, abundant natural light, generous bedrooms, and inviting living areas.Ideal for investors, multigenerational living, or those seeking a distinctive income property, 132 Emerald is a rare opportunity to own a substantial character home with four self-contained units, excellent outdoor space, and long-term potential.
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Nearby Intersections
Property Features
Hospital, Library, Park, Public Transit, None, Private
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Property Details
Address
132 Emerald Street
Community
City
Postal Code
L8N 2V5
Property Type
Detached, Detached
Zoning
D
Lot Size
60' x 121'
Taxes
$5,777 (2026
Basement
Full, Unfinished
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Michael St.Jean Realty Inc.
ATTENTION INVESTORS! Turnkey, fully tenanted property generating $6,100 per month ($73,200 annually) in gross rental income, plus additional revenue from coin-operated laundry. This exceptional income-producing property offers immediate cash flow with all three self-contained units currently leased and occupied. Extensively updated and well maintained, the property features numerous capital improvements including a renovated lower-level apartment, updated kitchens, bathrooms, flooring, appliances, windows, eavestroughs, fencing, security system, high-speed internet infrastructure, and fiber optic capability. Additional updates include central air conditioning (2020), furnace component upgrades, Nest thermostat, coin-operated laundry machines, refinished front deck, upgraded rear railing, and extensive PEX plumbing throughout much of the property. Tenants enjoy modern amenities, reliable mechanical systems, and convenient rear-lane parking with space for three vehicles. The professionally maintained building offers strong rental appeal and stable income in a growing Hamilton market. Ideally situated close to downtown Hamilton, hospital, public transit, schools, shopping, restaurants, parks, and major commuter routes. Whether you're an experienced investor looking to expand your portfolio or seeking a high-performing income property with immediate returns, this fully leased home is a rare opportunity not to be missed. Gross Rental Income: $73,200 Annually Additional Coin Laundry Income Three Self-Contained Units Three Parking Spaces Extensively Updated Throughout
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Excellent Investment Opportunity Near McMaster University! This Well-Maintained Income Property Features 8 Large Above-Ground Bedrooms, All Currently Rented, Offering Immediate Rental Income With Potential To Add Additional Bedrooms For Increased Revenue. The Functional Layout Includes 2 Eat-In Kitchens, 3 Bathrooms, Providing Ample Living Space For Tenants. The Basement Area Has Been Waterproofed For Added Peace Of Mind. Furnace And Central Air Conditioning Installed In 2018, With Roof Replaced In 2019. Ideally Located Near McMaster University, Public Transit, Shopping, Restaurants, And Everyday Amenities. A Great Opportunity For Investors Looking To Add A Strong Student Rental Property To Their Portfolio!
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