$599,900Asking Price
ATTENTION INVESTORS! Currently licensed McMaster-area rental generating $61,200 in gross annual income. Situated on a quiet court in sought-after Ainslie Wood, this detached 3+3 bedroom bungalow offers an established rental setup close to McMaster University, transit, shopping and everyday amenities. Currently rented for $5,100 per month, with tenants paying all utilities except water. The property is leased until May 2027, providing immediate rental income from closing. Buyers must assume the existing tenancy. The functional layout features three main-floor bedrooms, a spacious kitchen, separate dining area and full bathroom. The finished lower level offers three additional bedrooms, a recreation area, second full bathroom and convenient kitchenette. Outside, the property provides parking for three vehicles and a private backyard with no rear neighbours. An excellent opportunity to acquire a licensed, fully tenanted, income-producing detached property in one of Hamilton's strongest student-rental locations. Offers will be reviewed September 3, 2026.
ATTENTION INVESTORS! Currently licensed McMaster-area rental generating $61,200 in gross annual income. Situated on a quiet court in sought-after Ainslie Wood, this detached 3+3 bedroom bungalow offers an established rental setup close to McMaster University, transit, shopping and everyday amenities. Currently rented for $5,100 per month, with tenants paying all utilities except water. The property is leased until May 2027, providing immediate rental income from closing. Buyers must assume the existing tenancy. The functional layout features three main-floor bedrooms, a spacious kitchen, separate dining area and full bathroom. The finished lower level offers three additional bedrooms, a recreation area, second full bathroom and convenient kitchenette. Outside, the property provides parking for three vehicles and a private backyard with no rear neighbours. An excellent opportunity to acquire a licensed, fully tenanted, income-producing detached property in one of Hamilton's strongest student-rental locations. Offers will be reviewed September 3, 2026.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 13.68' x 12.07' | |
| 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% |