147 EMERALD Street
Hamilton, Ontario
6 bed • 4 bath • Multi-family
Investor Opportunity in Prime Central Hamilton Stinson neighbourhood! 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.
Price History
Property
- Lot Size
- 0.13 acres
Schools
Secondary
- Cathedral High School0.3 km
Catholic · Hamilton-Wentworth CDSB · 1650 students
Grade 10 literacy: 64% met the provincial standard
- System Alternative Education Sir Isaac Brock Secondary School0.8 km
Public · Hamilton-Wentworth DSB · 65 students
- St. Charles Catholic Adult Secondary School1.9 km
Catholic · Hamilton-Wentworth CDSB · 345 students
Elementary
- St. Patrick Catholic Elementary School0.4 km
Catholic · Hamilton-Wentworth CDSB · 405 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 41% met the provincial standard
- George L Armstrong Public School0.8 km
Public · Hamilton-Wentworth DSB · 420 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 22% met the provincial standard
- Queen Victoria Elementary Public School0.8 km
Public · Hamilton-Wentworth DSB · 585 students
Grade 3 reading: 48% met the provincial standard · Grade 6 math: 14% 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 L8N
- Population
- 15,568
- Private dwellings
- 8,630
- Median age
- 36.8
- Average household size
- 1.9
- Median household income
- $54,800
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
Multi-family in Hamilton · last 12 months
- Median sold price
- $682,500
- Homes sold
- 5,013
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 5,013 recorded sales of multi-family properties in Hamilton over the last 12 months.
Location
Mortgage Calculator
$199,980
Estimated Monthly Payment
$4,912
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,912/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $250/mo
Estimates only. Consult a financial advisor.
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