1/102 - 103 EMERALD STREET S, Hamilton (Stinson)
2 - 103 EMERALD STREET S, Hamilton (Stinson), ON L8N2V4
Price on request
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Asset Class
Multifamily
Size
—
Building class
C
Zoning
RA8 — Medium Rise
$ / SF
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Occupancy
93%
About this property
Pet-friendly lower-level studio apartment at 103 Emerald Street South in Hamilton, ON includes heat and water (plus hydro), with parking available for $45/month on a required one-year lease-and lets you choose your ideal leasing promotion: 1) pay a discounted rate of $1,083/month + hydro for your first 12 months, or 2) pay the lawful rate of $1,300/month + hydro and receive 2 months FREE rent at the end of your 12-month term (tenancy continues at the lawful rental rate afterward in accordance with applicable regulations). (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$80K
Annual cash flow
$-3K
Cash-on-cash
-0.69%
DSCR
0.96
Going-in cap
5.34%
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
65,564
Households
30,609
Median income
$128,500
Median age
36.1
Daytime population
90,404
5-yr growth
0.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2 - 103 EMERALD STREET S, Hamilton (Stinson).
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.