For Sale · Multifamily

4 - 103 EMERALD STREET S, Hamilton (Stinson)

4 - 103 EMERALD STREET S, Hamilton (Stinson), ON L8N2V4

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA9 — High Rise

$ / SF

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Occupancy

99%

About this property

Available starting December 1, 2026, this bright, pet-friendly lower-level one-bedroom apartment at 103 Emerald Street South in Hamilton, ON offers stress-free living with heat and water included (plus hydro) and parking available for $45/month on a one-year lease. Sign today to choose the leasing promotion that fits your budget: 1) pay a discounted rate of $1,287/month + hydro for your first 12 months, or 2) pay the lawful rate of $1,545/month + hydro and enjoy 2 months of FREE rent at the end of your 12-month term. After that the tenancy continues at the lawful rental rate afterward in accordance with applicable regulations. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

143,586

Households

53,624

Median income

$68,000

Median age

38.5

Daytime population

202,696

5-yr growth

1.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4 - 103 EMERALD STREET S, Hamilton (Stinson).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.