$629,900Asking Price
Exceptional investment opportunity in the highly sought-after Ainslie Wood neighbourhood, just a short walk from McMaster University. This spacious 8 bedroom home offers approximately 1,450 sq. ft. above grade and is designed for strong rental income potential. Features include generously sized bedrooms, hardwood flooring throughout, a beautifully renovated second-floor bathroom, and a finished basement with a separate entrance, additional bedrooms, and laundry. Currently generating excellent income with a projected cap rate exceeding 6%, the property also offers future upside with three bedrooms vacant or becoming available by the end of the summer. Enjoy a large rear deck, extended private driveway with ample parking, and a location consistently in demand among students and professionals alike. Ideal for investors, multi generational families, or owner occupants seeking mortgage assistance. Conveniently located near transit, parks, shopping, restaurants, major highways, and all amenities. A rare opportunity to own a versatile income producing property in one of Hamilton's most desirable neighbourhoods.
Exceptional investment opportunity in the highly sought-after Ainslie Wood neighbourhood, just a short walk from McMaster University. This spacious 8 bedroom home offers approximately 1,450 sq. ft. above grade and is designed for strong rental income potential. Features include generously sized bedrooms, hardwood flooring throughout, a beautifully renovated second-floor bathroom, and a finished basement with a separate entrance, additional bedrooms, and laundry. Currently generating excellent income with a projected cap rate exceeding 6%, the property also offers future upside with three bedrooms vacant or becoming available by the end of the summer. Enjoy a large rear deck, extended private driveway with ample parking, and a location consistently in demand among students and professionals alike. Ideal for investors, multi generational families, or owner occupants seeking mortgage assistance. Conveniently located near transit, parks, shopping, restaurants, major highways, and all amenities. A rare opportunity to own a versatile income producing property in one of Hamilton's most desirable neighbourhoods.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 11.32' x 17.16' | |
| 1 4-Piece Bathroom | ||||
| 1 3-Piece Bathroom | ||||
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Ainslie Wood, Hamilton is a west GTA neighbourhood notable for its singles, renters, university grads and health and education, law & public sector professionals. It has a higher than average population of immigrants, and Mandarin speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 34.
Kids Per Family
0.9
kids per family
in the neighbourhood.
60%
of residents are
single and loving it.
60% singles
Hamilton (46%)
58%
of residents
are renters.
58% renters
Hamilton (32%)
47%
of residents are
university grads.
47% university grads
Hamilton (28%)Average Household Income
$77K
is the average household
income in the neighbourhood.
Professions
| Sales | 14% |
| Government | 12% |
| Business | 8% |
| Health | 6% |
| Trades | 5% |
27%
of residents were
born outside of Canada.
27% immigrants
Hamilton (25%)2.6% from UK
All-time
0.8% from Bangladesh
Recent
Foreign Languages
| Mandarin | 6% |
| Arabic | 3% |
| German | 1% |
| Spanish | 1% |
| Cantonese | 1% |
Religions
| Christian | 59% |
| Muslim | 5% |
| Hindu | 3% |
| Jewish | 3% |
| Buddhist | 1% |