244 Emerald Street N, Hamilton

$374,500
244 Emerald Street N

$374,500

Price Change
24d
Semi-Detached 2-Storey

244 Emerald Street N, Hamilton

Total Monthly Obligation $2,084

Beds
2
Baths
1
Park
1
Sqft
700-1100
DOM
24d
Score
26
Yield
6.8%
Cash on Cash
4.3%
Cap Rate
5.5%
5Y IRR
19.0%
10Y IRR
17.4%
Property Type-Semi-Detached
MLS® Number-X13840320
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-22.12 × 96.31 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Semi-Detached
Age-100+
Taxes-$2,382 (2026)
Parking-1 - Detached
Basement-Unfinished, Walk-Up, Full
Heating-Forced Air (Gas)
Brokerage-ROCK STAR REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Concrete, Stone
Sewer-Sewer
Possession-Immediate
Neighbourhood-Landsdale
Title-Residential Freehold

No agent assigned

Welcome to 244 Emerald Ave N, a charming 2-bedroom, 1-bathroom home offering a comfortable and low-maintenance lifestyle in a convenient Hamilton location. The main floor features an inviting living room, spacious kitchen, dedicated dining area, and convenient main-floor laundry. Upstairs, you'll find two generously sized bedrooms with plenty of space for everyday living. Enjoy a fully fenced, low-maintenance yard with room for entertaining, plus the added convenience of a 1-car garage. Ideally located just steps from shops, cafes, markets, restaurants, transit, and the hospital. A great opportunity for first-time buyers, downsizers, or anyone looking for a well-located home with easy day-to-day living.

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$299,600
Land Transfer Taxes$4,093
Legal Fees (Est.)
$
Total cash required for closing$80,493

Total Monthly Obligation

$2,084/mo
Mortgage $1,511
Monthly Loss $1,687
Principal$398
Interest$1,113
Property Tax$199
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-2.8%4
5-Year IRR
13.5%61
10-Year IRR
13.4%
Returns Index
31.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$25,284/yr
NOI
$15,874/yr
Net Cash Flow
-$188/mo
Cash Margin
-8.9%1
Cash Flow Index
0.8/ 100
Risk Profile
Weight: 20%
DSCR
0.8818
LTV Ratio
80.0%18
Vacancy Buffer
4.6 mo78
Risk Index
38.1/ 100

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

Comparables

Properties near 244 Emerald Street N

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

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Data last updated within the past 24 hours.