Type: Triplex
Style: 2-Storey
Size: Sq Ft
Age: Years
Taxes: $ 2,490 ( 2025)
Updated: 2026-03-17 21:22:05
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 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, front studio and second-floor one-bedroom are fully occupied, 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.
Triplex
Status: For Sale
MLS #: X12697068
Price: $ 429,900
Address: 220 Emerald Street
Type:
Style: 2-Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 2,490
Tax Year: 2025
Lot Size:
Neighbourhood: Landsdale
Nearest Intersection: Barton St. E.
City: Hamilton
Postal Code: L8L 5K8
DOM: 2 Days
Last Update: 2026-03-17 21:22:05
Bedrooms: 2
Bathrooms: 3
Rooms: 0
Kitchens: 3
Family Room:
Fireplace:
Basement: Full Unfinished,
Central Vacuum:
Exterior: Aluminum Siding Brick Veneer,
Driveway:
Garage: Lane Private Double
Garage Spaces:
Parking Spaces: 2.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Forced Air
Heat Source: Electric
Air Conditioning: None
Water:
Sewers: