
220 EMERALD Street
Hamilton, Ontario
2 bed • 3 bath • Single Family
You really can't miss this value added investment that not only makes a strong statement on the street, but is a strong investment too! Not only a bold facade, but a bold almost 8% potential cap rate make this solid semi-detached currently set up as 3 self-contained units an ideal income generating property. The fully renovated rear one-bedroom unit, and second-floor one-bedroom are occupied by excellent low-maintenance tenants, and the front studio is ready to be rented or updated to suit your needs, offering a turn-key opportunity to get into the in-demand Hamilton rental market. The main floor could be consolidated back into one unit for the owner who may want to live in and rent the upper unit. Recent improvements include a complete frame-in renovation of the rear unit, as well as new furnace and hot water tank (2021), updated wiring with 200-amp breaker panel and some exterior brick repointing with the front and side painted (2022), rear stairs replaced (2019), tiled tub surround & bedroom flooring in upper unit just replaced March 2026. Two rear parking spaces on a concrete driveway with paved alley access, plus proximity to downtown and public transit routes makes it a very attractive prospect to tenants. A practical & profitable opportunity for investors to build long-term equity in an improving Lansdale neighbourhood.
Price History
Property
- Lot Size
- 0.05 acres
Schools
Elementary
- Cathy Wever Elementary Public School0.5 km
Public · Hamilton-Wentworth DSB · 540 students
Grade 3 reading: 56% met the provincial standard · Grade 6 math: 23% met the provincial standard
- Dr. J. Edgar Davey Elementary Public School0.7 km
Public · Hamilton-Wentworth DSB · 585 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 14% met the provincial standard
- St. Patrick Catholic Elementary School0.8 km
Catholic · Hamilton-Wentworth CDSB · 405 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 41% met the provincial standard
Secondary
- System Alternative Education Sir Isaac Brock Secondary School0.8 km
Public · Hamilton-Wentworth DSB · 65 students
- Cathedral High School0.9 km
Catholic · Hamilton-Wentworth CDSB · 1650 students
Grade 10 literacy: 64% met the provincial standard
- Bernie Custis Secondary School Secondary School2.1 km
Public · Hamilton-Wentworth DSB · 955 students
Grade 10 literacy: 65% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L8L
- Population
- 32,312
- Private dwellings
- 14,444
- Median age
- 36.4
- Average household size
- 2.4
- Median household income
- $65,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Hamilton · last 12 months
- Median sold price
- $682,825
- Homes sold
- 4,992
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,992 recorded sales of single family properties in Hamilton over the last 12 months.
Location
Mortgage Calculator
$79,980
Estimated Monthly Payment
$1,965
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,965/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $100/mo
Estimates only. Consult a financial advisor.
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