131 Emerson Street
Hamilton (Ainslie Wood), ON L8S 2X7
- 8+5Bedrooms
- 3Bathrooms
- 0Garage
- 2000–2500Sq Ft
- $7,462Tax
- 40×141 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 131 Emerson Street, Hamilton, Ainslie Wood
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 131 Emerson Street, Hamilton, Ainslie Wood
Summarized Description
- Proven income property near McMaster University
- Multigenerational home with separate units
- Original home with 6 bedrooms and 2 bathrooms
- 1998 addition for additional rental income
- Ample parking with private side drive
- Potential for student rentals
- Well-maintained since 1998
- Buyers should check municipal bylaws
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $7,462
- Land Transfer Tax Fee
- $22,475
- Basement Type
- Full, Finished, Other
Interior Features
- Interior Extras
- Accessory Apartment, Water Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck
- Pool
- None
- Property Features
- Golf, Public Transit, Rec./Commun.Centre, School, School Bus Route
Building
- Building Type
- Other
- Building Style
- 1 1/2 Storey
- Approx Age
- 51-99
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block, Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 40.00 ft
- Lot Depth
- 140.92 ft
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 5
- Total Garage And Parking Spaces
- 5
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 8 + 5
- Washrooms
- 3
- Kitchens
- 4
Room sizes
- Kitchen—Main level, Combined w/Dining, Carpet Free, Eat-in Kitchen
- Kitchen—Basement level, Eat-in Kitchen, Carpet Free
- Bedroom—Basement level, Closet, Window, Carpet Free
- Bathroom—Main level, 4 Pc Bath
- Utility Room—Basement level
- Living Room—Main level, Carpet Free, Hardwood Floor
- Bathroom—Second level, 3 Pc Bath
- Foyer—Main level
- Bedroom—Second level
- Bathroom—Main level, 4 Pc Bath
- Laundry—Main level, Carpet Free
- Bedroom—Basement level, Closet, Window, Carpet Free
Washrooms
- 4-piece, Main
- 4-piece, Main
- 3-piece, Second
- Municipality
- Hamilton
- Neighbourhood
- Ainslie Wood
- Main cross streets
- ROYAL
- Zoning
- C5
- Directions
- 403 to Main St West to Emerson Street
- MLS® number
- X13828352
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-09-22
- Updated on
- 2026-09-25
- Days on market
- 24 days
- Possession type
- 30-59 days
- Co-op commission
- 2%
- Seller
- Listed by
- REALTY NETWORK
Home Market Value
Current home valuation for 131 Emerson Street, Hamilton, Ainslie Wood, Hamilton, ON. Listed for $1,300,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 131 Emerson Street, Hamilton, Ainslie Wood
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $800,000 over $500K
$105,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $47,788 | $36,270 | $30,940 | $0 |
=Total mortgage | $1,242,488 | $1,206,270 | $1,135,940 | $1,040,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,066monthly | $5,890monthly | $5,546monthly | $5,078monthly |
Land Transfer Tax
$22,475
$22,475
Around this home
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