$750,000
For sale: Other

INVESTORS & DEVELOPERS - DON'T MISS THIS ONE! 105 Emerson St presents a rare opportunity to acquire a property with a clear path toward a 7-bedroom income-producing rooming house in a well-established Hamilton neighbourhood. This property offers investors the potential to capitalize on Hamilton's strong rental market and ongoing demand for well-located housing. Currently zoned Commercial on the main floor and Residential on the second floor, this property offers a unique opportunity to maximize its income potential through a thoughtfully planned conversion. The heavy lifting has already been done. Plans and permits are in place, providing the next owner with a defined roadmap to move the project forward without starting from scratch. The location provides convenient access to major transportation routes, public transit, schools, shopping, restaurants, parks, and everyday amenities. Its proximity to key employment and institutional hubs adds to the property's appeal for a broad tenant pool.
Sold data
Homes in Ainslie Wood took a median of 31 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 59, across 83 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $669,999.
Homes sold for about 4.3% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 83 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Ainslie Wood) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$749,999
Detached5 BARNESDALE AVENUE, Stipley, Hamilton

$755,500
Detached103 SHERMAN AVENUE S, Stipley, Hamilton

$769,900
Detached34 DENSGROVE DRIVE, 442 - Vine/Linwell, St. Catharines

$869,000
Detached103 PEEL STREET, Brantford

$749,000
Multiplex100 TOWNLINE W ROAD, 460 - Burleigh Hill, St. Catharines

$699,000
Semi-Detached/Link31 IVYBRIDGE DRIVE, Madoc, Brampton

$798,888
Detached592 ABERDEEN AVENUE, Kirkendall, Hamilton

$798,888
Multiplex592 ABERDEEN AVENUE, Kirkendall, Hamilton