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$899,990Asking Price

103 Briarwood Crescent, Hamilton, ON L9C 4C3

Buchanan, Hamilton

Detached
4 + 1
Bedrooms
2
Baths
5
Parking
Days on Market

Welcome to this fantastic investment opportunity located in a sought-after neighborhood on the West Mountain! This property features four plus one bedrooms, offering ample space for potential tenants and presenting an excellent opportunity for generating passive income. With a projected rental income of $5,000 per month, this property represents a strong investment for your portfolio. Currently, used as a rooming house, three out of five rooms are occupied, providing an immediate income stream with tenants on month-to-month leases, giving you flexibility for future plans. The property boasts a separate side entrance, enhancing privacy and convenience for tenants. You can choose to leave the property as is or take advantage of the significant potential to renovate it into a legal duplex or add additional bedrooms to the basement. Situated in a prime location, you'll find it near Buchanan Park, which offers lush green spaces ideal for outdoor activities. Its just a short distance from Mohawk College and various shopping amenities, making it particularly attractive for student rentals. Additionally, easy access to public transport ensures convenient commutes for all tenants. Don't miss this opportunity to invest in a property that combines excellent rental potential with a desirable location. Schedule a viewing today!

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Welcome to this fantastic investment opportunity located in a sought-after neighborhood on the West Mountain! This property features four plus one bedrooms, offering ample space for potential tenants and presenting an excellent opportunity for generating passive income. With a projected rental income of $5,000 per month, this property represents a strong investment for your portfolio. Currently, used as a rooming house, three out of five rooms are occupied, providing an immediate income stream with tenants on month-to-month leases, giving you flexibility for future plans. The property boasts a separate side entrance, enhancing privacy and convenience for tenants. You can choose to leave the property as is or take advantage of the significant potential to renovate it into a legal duplex or add additional bedrooms to the basement. Situated in a prime location, you'll find it near Buchanan Park, which offers lush green spaces ideal for outdoor activities. Its just a short distance from Mohawk College and various shopping amenities, making it particularly attractive for student rentals. Additionally, easy access to public transport ensures convenient commutes for all tenants. Don't miss this opportunity to invest in a property that combines excellent rental potential with a desirable location. Schedule a viewing today!

Key Info

  • Bungalow Detached
  • 4-Car Driveway
  • 1-Car Attached Garage
  • GARTH TO BENDAMERE AVE
  • 700-1100 Approximate Sq Feet
  • Basement: Finished, Full
  • 1 Kitchen
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 50.1 x 110.29 Feet
  • Brick Exterior
  • Taxes were $5,238 in 2024
  • Possession: FLEXIBLE

Details

  • Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #X12336824
  • YOUR HOME SOLD GUARANTEED REALTY IMPERIUM

Extras

Room Floor Dimensions Details
1 Kitchen Main 15.75' x 12.99' Combined with Dining
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 2-Piece Bathroom

Who lives here?

Buchanan, Hamilton is a west GTA neighbourhood notable for its executives, health and education, law & public sector professionals and tradespeople. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 34, 25 to 34 and 25 to 34 and seniors aged 85 & above.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

45% of residents are
single and loving it.

45% singles

Hamilton (46%)

Renters

15% of residents
are renters.

15% renters

Hamilton (32%)

Education

27% of residents are
university grads.

27% university grads

Hamilton (28%)

Income

Average Household Income

$105K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions

Sales 13%
Trades 9%
Government 9%
Business 7%
Health 7%

Immigrants

20% of residents were
born outside of Canada.

20% immigrants

Hamilton (25%)

Birthplace - All

China was once home to 2.3% of immigrants.
Italy 2.2%
Romania 1.4%
Portugal 1.1%
UK 0.9%

2.3% from China
All-time

Birthplace - Recent

China was once home to 0.2% of immigrants.
Lebanon 0.2%
Japan 0.2%
Columbia 0.1%
Jamaica 0.1%

0.2% from China
Recent

Foreign Languages

Foreign Languages

Italian 4%
Mandarin 2%
Spanish 2%
French 1%
German 1%

Religions

Religions

Christian 74%
Muslim 2%