215 Emerson St, Hamilton, L8S 2Y3

Home Overview

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)

2 months

On Market

Detached

Property Type

$6,251 / Year

Est. Taxes

2-Storey

Style

None

Garage

Apartment

Basement