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Listed 26 days ago

8 EMMING Court

Buchanan, Hamilton

$1,099,900

Detached|Bungalow
5 | 4 | 2
About this home

Turnkey legal duplex, steps from Mohawk College. This fully compliant two-unit property has been extensively upgraded and offers a rare, worry-free entry into one of Hamilton's strongest rental markets. The lower level has been completely renovated, with both units legally registered as a duplex - permits, architectural drawings, and final inspections all approved. Additional capital upgrades include an updated roof and new HVAC system, meaning no major expenditures on the horizon for a new owner. Located approximately 500m - about a 6-minute walk - from Mohawk College's Fennell campus, this property is exceptionally well-positioned to serve student and staff rental demand, offering strong, stable occupancy potential in one of the city's most in-demand institutional catchment areas. A true plug-and-play investment for buyers seeking legal multi-unit income with the compliance work already done. Don't miss this opportunity to add a fully-vetted, income-generating asset to your portfolio.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$7,054
Lot Size40 ft x 127.46 ft
mls© NumberX13762784
Listed ByRE/MAX ESCARPMENT FRANK REALTY

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%
$5,630
Property tax
$588
Heat allowance
$150
Housing costs
$6,368 / mo

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

Down payment20% · $219,980
25-yr amortization

Income needed

$196,000

gross annual household income

Payment at 4%
$4,629 / mo
Cash down
$219,980

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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