For Sale · Multifamily

1 - 103 EMERALD STREET S, Hamilton (Stinson)

1 - 103 EMERALD STREET S, Hamilton (Stinson), ON L8N2V4

Price on request

—

Asset Class

Multifamily

Size

—

Building class

C

Zoning

RA9 — High Rise

$ / SF

—

Occupancy

97%

About this property

Available starting December 1, 2026, this spacious, pet-friendly lower-level LARGE bachelor studio at 103 Emerald Street South in Hamilton, ON includes heat and water (plus hydro), with one parking spot 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.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

87,226

Households

40,678

Median income

$133,500

Median age

36.6

Daytime population

104,242

5-yr growth

5.7%

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

Secure deal room

Confidential diligence documents for 1 - 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.