166 Emerald Street S, Hamilton

$649,900
166 Emerald Street S

$649,900

New
37d
Detached2 1/2 Storey

166 Emerald Street S, Hamilton

Total Monthly Obligation $3,351

Beds
2
Baths
2
Park
1
Sqft
1500-2000
DOM
37d
Score
17
Yield
4.2%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-X13791854
Beds-2
Bathrooms-2
Size-1500-2000 sqft
Lot Size-26 × 101.66 ft
Listed on site-Sep 16, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$4,255 (2026)
Parking-1 - None
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air, Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-Stinson
Title-Residential Freehold

No agent assigned

Stunning two and a half-storey duplex ideally situated at the base of Hamilton Mountain on a quiet dead-end street, close to hospitals, mountain access, transit, shopping and everyday amenities. The charming main-floor one-bedroom unit offers a spacious living area with exposed brick detailing and a unique fireplace niche that opens into the generous bedroom. The crisp white eat-in kitchen provides access to a large rear deck overlooking the fully fenced backyard. A convenient three-piece bathroom completes the main-floor unit. The upper two-level unit features a spacious living and dining area with vaulted ceilings, abundant natural light and beautiful brick detailing, creating a warm and inviting atmosphere. The space flows into a generous eat-in kitchen with access to a private outdoor area. A tasteful three-piece bathroom completes this level. Upstairs, you'll find a spacious bedroom and a large loft area offering excellent flexibility for additional living space, a home office or guest area. Two separate sets of washers and dryers are conveniently located in the basement. Additional features include private parking for one vehicle and a fully fenced backyard. A fantastic opportunity for investors, multi-generational living or an owner-occupier looking for additional income. RSA.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,351/mo
Mortgage $2,622
Monthly Loss $2,661
Principal$690
Interest$1,932
Property Tax$355
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
6.7%17
10-Year IRR
8.1%
Returns Index
9.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,072/yr
NOI
$15,610/yr
Net Cash Flow
-$1,321/mo
Cash Margin
-58.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
23.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 166 Emerald Street S

Time

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