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Property Description
Attention all investors! This legal duplex plus one unit is a turnkey opportunity, ready to enhance your investment property portfolio. Generating over $4500 a month, this property was fully renovated in 2018 with exceptional finishes, including stainless steel appliances, quartz countertops, new windows, doors, trim, and fresh paint. Each unit is currently occupied by tenants paying market rents, and they cover their own hydro costs. With four hydro meters on site, you can efficiently manage utility expenses. Additionally, the property features rear alley parking with three spots and a coin-operated laundry, offering even more potential for increased cash flow. Don't miss out on this lucrative investment opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-25 | 2024-11-07 | 43 | $774,000 | - | Terminated |
| 2024-05-24 | 2024-06-12 | 19 | $799,000 | - | Terminated |
| 2023-08-28 | 2023-12-31 | 142 | $799,999 | - | Expired |
Property Features
Hospital, Library, Marina, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Duplex, 2 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
18' x 121'
Acreage
< .50
Fronting
East
Taxes
$2,595 (2023)
Basement
Full, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Lane
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.01' x 10.01' | |
| Living | Main | 18.01' x 10.01' | |
| Br | Bsmt | 12.01' x 8.99' | |
| Office | Bsmt | 8.99' x 8.01' | |
| Kitchen | 2nd | 12.01' x 10.01' | |
| Br | 2nd | 12.01' x 12.01' | |
| Br | 2nd | 12.01' x 12.01' | |
| Living | 2nd | 10.01' x 18.01' | |
| Kitchen | Main | 12.01' x 12.01' | |
| Living | Main | 10.01' x 8.01' | |
| Br | Bsmt | 10.01' x 10.01' |
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Hamilton Market Statistics
Hamilton Price Trend
163 Emerald St N is a 4-bedroom 3-bathroom home listed for sale at $774,000, which is $379,628 (32.9%) lower than the average sold price of $1,153,628 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 4 bedroom home in Hamilton declined by $45,669 (3.8%) compared to the previous 30 day period (September 15 - October 14) and up $122,778 (11.9%) from the same time one year ago.Inventory Change
There were 146 4-bedroom homes listed in Hamilton over the last 30 days (October 15 - November 13), which is down 25.1% compared with the previous 30 day period (September 15 - October 14) and down 8.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($30,553) (2.6%) below asking price over the last 30 days (October 15 - November 13), which represents a $2,712 increase compared to the previous 30 day period (September 15 - October 14) and ($24,768) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Hamilton over the last 30 days (October 15 - November 13) stood at 65.1%, up from 47.7% over the previous 30 days (September 15 - October 14) and up from 38.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Hamilton stood at 34 days when successfully sold over the last 30 days (October 15 - November 13), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Complete Realty
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