$729,000Asking Price
***ATTENTION INVESTORS & SAVVY BUYERS - TURNKEY CASH-FLOW OPPORTUNITY IN WEST HAMILTON! APPROX. $4,300/MONTH IN RENTAL INCOME POTENTIAL! LEGAL BASEMENT WITH SEPARATE ENTRANCE! 3+3 BEDROOM INVESTMENT PROPERTY JUST MINUTES FROM McMASTER UNIVERSITY! *** Welcome to 16 Ainslie Avenue, featuring 3 spacious bedrooms on the main floor and 3 additional bedrooms in the legal basement, this versatile property is perfectly suited for student rentals, multi-generational living, or investors looking to maximize returns. The separate entrance creates excellent income-producing possibilities, while the bright main level boasts large windows, generous living space, and an updated kitchen. Recent upgrades include a modern kitchen with brand-new appliances, permitted pot lights, new basement flooring, and a new electrical sub-panel, making this a true turnkey investment. Simply move in or start generating income immediately. Located approximately 1.5 km from McMaster University and only minutes from Highway 403, this property offers unmatched convenience with easy access to public transit, shopping, restaurants, parks, schools, and all major amenities. Strong rental demand driven by McMaster University, nearby hospitals, and employment hubs makes this an exceptional addition to any investment portfolio. Whether you're an investor seeking positive cash flow, a parent looking to house students while generating income, or a homeowner wanting a mortgage helper, this property delivers outstanding value in one of Hamilton's most desirable and consistently high-demand neighbourhoods.
***ATTENTION INVESTORS & SAVVY BUYERS - TURNKEY CASH-FLOW OPPORTUNITY IN WEST HAMILTON! APPROX. $4,300/MONTH IN RENTAL INCOME POTENTIAL! LEGAL BASEMENT WITH SEPARATE ENTRANCE! 3+3 BEDROOM INVESTMENT PROPERTY JUST MINUTES FROM McMASTER UNIVERSITY! *** Welcome to 16 Ainslie Avenue, featuring 3 spacious bedrooms on the main floor and 3 additional bedrooms in the legal basement, this versatile property is perfectly suited for student rentals, multi-generational living, or investors looking to maximize returns. The separate entrance creates excellent income-producing possibilities, while the bright main level boasts large windows, generous living space, and an updated kitchen. Recent upgrades include a modern kitchen with brand-new appliances, permitted pot lights, new basement flooring, and a new electrical sub-panel, making this a true turnkey investment. Simply move in or start generating income immediately. Located approximately 1.5 km from McMaster University and only minutes from Highway 403, this property offers unmatched convenience with easy access to public transit, shopping, restaurants, parks, schools, and all major amenities. Strong rental demand driven by McMaster University, nearby hospitals, and employment hubs makes this an exceptional addition to any investment portfolio. Whether you're an investor seeking positive cash flow, a parent looking to house students while generating income, or a homeowner wanting a mortgage helper, this property delivers outstanding value in one of Hamilton's most desirable and consistently high-demand neighbourhoods.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 11.42' x 9.15' | Stainless Steel Appliances, Quartz Counter |
| 2 | Bathroom | Main | 10.00' x 5.51' | 4-PieceBath |
| 1 4-Piece Bathroom on Main Floor | ||||
| 1 4-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% |