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$689,400
Hamilton
16 Ainslie Avenue, Hamilton (Ainslie Wood), Ontario, L8S2J3
This 6-bedroom, 2-bathroom home in Hamilton is for sale offering roughly 900 sq ft of space. Listed at $689,400, it is attractively priced about 5% below the $724,900 median asking price in Hamilton.
Approx !!!!! $4,300/month in Rental INCOME !!!! >>>> 3+3 = 6 BEDROOMS $$$$$ . ****Walking distance from McMaster University **** Featuring 3 spacious bedrooms on the main floor and 3 additional bedrooms in the 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 a recently upgraded modern kitchen with brand-new appliances, pot lights, new basement flooring, and a new electrical sub-panel, making this a TURNKEY investment. Simply move in or start generating income immediately. #### Easy access to public transit, shopping, restaurants, parks, schools, and all major amenities >>>>> nearby hospitals, and employment hubs. 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. Huge lot size (40* 120 ) Feet. Shows 10+++++ (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 85 days on market, against an average age of 58 days across the listings currently for sale in this city
This 6-bed single family in Hamilton (Ainslie Wood) 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 $689,400, about 11.0× the local median household income of $62,800.
Carrying it typically needs a household income of about $134,664 (20% down, 25-yr amortization, stress-tested) — roughly 114% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8S)
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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
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.