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$ 758,000
Est. payment /mo
Price Dropped by $40K
215 Emerson ST Hamilton, ON L8S 2Y3
7 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Ainslie Wood
MLS Listing ID X12342398
Style 2-Storey
Bedrooms 7
Annual Tax Amount $6,250
Tax Year 2024
Property Sub-Type Detached
Lot Depth 141.08
Lot Front 40.0
Appx SqFt 1500-2000
Property Description
High Demand Ainslie Wood Prime Investment Opportunity Awaits the Savvy Investor! Currently Tenanted through to April 30th, 2026, at a Gross Monthly Rent of $5,950/month/Annual Gross Rental Income of $71,400. Working with a CAP Rate of 6.9% based on Average Annual Expenses est.@$15k. Located within a 5 Minute Walk to McMaster University Campus! 3 Updated Kitchens, 7 Spacious Bedrooms, 3 Bathrooms, Laminate Flooring, Private Driveway for 4 cars, Smoke & CO2 Alarms In Each Bedroom, Digital Locks On Entry Doors, Large 40 x 141 ft lot. Backyard Shed. Egress Basement Windows For Safety. 200 Amp Breaker Box With ESA Certificate (2015). All Bedroom Doors W/Keyed Locks. Furnace/AC Systems(2015), Owned Tankless Water Heater(2016), Vinyl Windows. Just minutes from McMaster University, McMaster Children's Hospital and Westdale shopping districts. Easy access to QEW and public transit. **EXTRAS** Fully Waterproofed Delta Membrane To Weepers, 3/4Inch Main Water Line, Premium Vinyl Siding (2012)
Location
Province ON
County Hamilton
Community Ainslie Wood
Area Hamilton
Rooms
Family Room No
Basement Apartment
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Carpet Free, On Demand Water Heater
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.0
Lot Depth 141.08
Total Parking Spaces 4
Building
Foundation Concrete Block
Others
ParcelsYN No
Listed by EXP REALTY

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