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$845,000
Hamilton
100 West 3rd Street, Hamilton (Bonnington), Ontario, L9C3K5
This 9-bedroom, 3-bathroom home in Hamilton is for sale. Its $845,000 asking price sits right in line with the $845,000 median in Hamilton.
Prime investment opportunity just steps from Mohawk College, offering rental income potential exceeding $86,000 annually! This recently renovated property delivers exceptional versatility, making it ideal for student housing or multi-family use. Thoughtfully updated main and basement levels provide a well-maintained, low-maintenance investment with strong future cash flow potential. The spacious main floor features 5 generous bedrooms, along with one 3-piece washroom and one 2-piece washroom, designed for comfortable shared living. The fully finished basement includes 4 additional bedrooms, a full kitchen, one 3-piece washroom, and a separate entrance, allowing for flexible and optimized rental configurations. The property benefits from consistently strong demand due to its prime, high-traffic location. Additional highlights include a large double-car garage with excellent attic storage, ample parking, and an easy-care exterior. Located in a sought-after area close to schools, transit, shopping, and amenities, this is a turnkey income property with outstanding long-term value and upside potential. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 160 days on market, against an average age of 81 days across the listings currently for sale in this city
This 9-bed single family in Hamilton (Bonnington) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $845,000, about 9.2× the local median household income of $92,000.
Carrying it typically needs a household income of about $165,058 (20% down, 25-yr amortization, stress-tested) — roughly 79% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9C)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
