$1,300,000
Est. payment $5,756/moCalculate yours
131 Emerson Street, Hamilton, ON L8S 2X7
Ainslie Wood, Hamilton, ON L8S 2X7
- 8 + 5 Beds
- 3 Baths
- 2,000 Sq Ft
Listing courtesy of REALTY NETWORK MLS® X13828352
About this home
One of the best income properties near McMaster this property is a proven moneymaker! The present owner has maintained this property since 1998 and regrets that she can longer do so. She offers it to discerning investors or as a multigenerational home. The original home features 6 bedrooms and 2 bathrooms and could be used as a family home. The 1998 addition would provide income to pay the bulk of the monthly bills. Or continue its present use with six bedrooms in the front and 7 in the back rented to students. Buyers are advised to obtain advise as to the applicable Municipal bylaws. The front unit has 4 plus 2 bedrooms, 3 bathrooms a laundry, 2 kitchens and a living room and has its own furnace with central air. The rear unit features 4 plus 3 bedrooms, 3 bathrooms, a laundry, 2 kitchens. It also is heated by its own furnace. The 40′ by 140.92 lot provides ample parking via the private side drive. Take a good look gems like this are not offered often.
Property details
Overview
- Property Type
- Other
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 2,000 sqft
Interior
- Bedrooms
- 8 + 5
- Bathrooms
- 3
- Kitchens
- 4
- Basement
- Full, Finished, Other
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Concrete Block, Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 40 x 140.92 Feet
- Parking
- None garage · 5 total
- Zoning
- C5
Financial
- Property Taxes
- $7,462 (2025)
Location
- Neighbourhood
- Ainslie Wood
- Cross Street
- ROYAL
- Direction Faces
- East
Listing
- MLS® Number
- X13828352
- Days on Market
- 26
- Listed On
- 2026-09-22
- Possession
- 30-59 Days
- Listed By
- REALTY NETWORK
Rooms
Features
Interior
- Accessory Apartment
- Water Meter
Property
- Golf
- Public Transit
- Rec./Commun.Centre
- School
- School Bus Route
Pool
- None
Mortgage calculator
Estimated mortgage payment
$5,756 per month
- Principal and interest
- $5,756
- Property tax
- $622
- Condo fees
- $0
- Estimated monthly cost
- $6,378
Your mortgage
- Mortgage amount
- $1,040,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $686,836
Cash to close
- Down payment
- $260,000
- Land transfer tax
- $22,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $282,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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