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New5 days ago

187 Emerald Street S

Stinson, Hamilton

$550,000

Detached|2-Storey
3 | 2 | 2
About this home

Welcome to 187 Emerald Street South, a charming century home tucked away on a quiet dead-end street in Hamilton's desirable Stinson neighbourhood, nestled against the escarpment. Filled with character and offering incredible potential, this home showcases beautiful original wood trim and doors, spacious principal rooms and a functional layout ready to be enjoyed, refreshed or thoughtfully restored to suit your vision. The main level features a comfortable living room with fireplace, dining area, kitchen and additional flexible living space. Upstairs, you'll find three generously sized bedrooms, including access to a walkout balcony. The finished attic is fully insulated and provides valuable additional space. The dry basement offers additional usable space, laundry and storage, along with a convenient walkout. Important updates include updated electrical and plumbing, providing a great foundation for future improvements. A rear entrance adds further functionality, while the detached garage and covered carport provide excellent parking and storage options. Outside, enjoy a private, fenced setting with multiple outdoor areas and covered space. Full of potential and boasting great bones, this is an exciting opportunity to bring your ideas to life while preserving the warmth and character of a classic century home. The location is equally impressive. Just blocks from Augusta Street's popular restaurants, cafés and lively bars, with parks, schools and scenic escarpment trails nearby. Public transit, the Hamilton GO Centre and convenient highway access make commuting easy. A wonderful opportunity to own a character-filled home with versatile living space, valuable updates and outstanding potential in a convenient Hamilton neighbourhood.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,986
Lot Size24.88 ft x 100 ft
mls© NumberX13674252
Listed ByRE/MAX NIAGARA REALTY LTD, BROKERAGE

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%
$2,815
Property tax
$332
Heat allowance
$150
Housing costs
$3,297 / mo

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

Down payment20% · $110,000
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$110,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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