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Listed 2 months ago

170 Emerson Street

Ainslie Wood, Hamilton

$789,000

Detached|Bungalow
3 | 3 | 3
About this home

Welcome to 170 Emerson Street a beautifully renovated gem in the heart of Hamiltons desirable Ainslie Wood East. Just steps from McMaster University, this beautiful bungalow is the perfect blend of classic charm and modern upgrades, ideal for end-users, investors, or families seeking flexible living space.Meticulously renovated from top to bottom in 2019, this home exudes quality craftsmanship and thoughtful design. The stunning open-concept kitchen features sleek countertops, custom cabinetry, and stainless steel appliances perfect for everyday living or entertaining in style. With 3+1 spacious bedrooms, a fully finished basement , the home is move-in ready and maintenance-free. Whether you're housing a growing family, looking for rental income potential, or simply want a turnkey property close to all urban conveniences, 170 Emerson delivers on all fronts.The oversized 50 x 90 ft lot offers plenty of future opportunity with potential for severance and increasing density. Just minutes from shops, restaurants, parks, and one of Canadas top universities, this property is a smart, stylish choice in one of Hamiltons most promising pockets.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$6,235
Lot Size50 ft x 90 ft
mls© NumberX13519666
Listed ByCRESCENT REAL ESTATE INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,038
Property tax
$520
Heat allowance
$150
Housing costs
$4,708 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $157,800
25-yr amortization

Income needed

$145,000

gross annual household income

Payment at 4%
$3,320 / mo
Cash down
$157,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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