1/175 - 103 EMERALD STREET S, Hamilton (Stinson)
5 - 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
A
Zoning
RA8 — Medium Rise
$ / SF
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Occupancy
87%
About this property
Pet-friendly lower level two bedroom apartment at 103 Emerald Street South in Hamilton, ON includes heat and water (plus hydro-tenant's responsibility), 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 $1,454/month + hydro for your first 12 months, or 2) pay the lawful rate of $1,745/month + hydro and receive 2 months FREE rent at the end of your 12-month term and 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.
Monthly debt service
$7K
Projected NOI
$72K
Annual cash flow
$-11K
Cash-on-cash
-2.40%
DSCR
0.87
Going-in cap
4.82%
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
113,942
Households
47,467
Median income
$90,000
Median age
43
Daytime population
177,590
5-yr growth
8.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 5 - 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.