Re/max Premier Inc., Brokerage
9100 Jane St
Concord, ON
L4K 0A4
Hamilton, Ainslie Wood, L8S 2Z3
$804,900$000000
Listed by ROYAL LEPAGE NRC REALTY.
Welcome to 75 Hillview Street. Here is your investment opportunity. This property is located within the sought after Ainslie Wood neighbourhood. Here we have a two-storey, 3-Bedroom, single detached dwelling However, if its a student rental opportunity you're looking for, the living room and / part of the dining room may have the potential to be converted into an additional bedrooms. This neighbourhood has historically and continues to command strong demand for student rental housing. The dining room features patio doors to raised wooden deck overlooking a private yard with a large 12.0' x 17.0' storage shed. The subject property is a corner lot which fronts on Hillview Street with the rear yard fronting/flanking on Ainslie Avenue. The City of Hamilton's Planning Department references requirements to create "Additional Dwelling Units" and appears to suggest that the Subject Property may have this potential. Documentation has been attached, in the Supplements section of this listing, shows the City's stated requirements for additional interior units, which include an additional unit within the existing structure, structural addition to the existing building for an additional unit and/or a separate "detached" Additional Dwelling Unit. ADU scenarios will require City of Hamilton application for building and site scenario approvals. Close to McMaster University, shopping, parks, dining options, hospital, easy access to interconnection highways, one block away from Hamilton Bike Share, good public transportation network within this City, and much more! Don't miss out on this corner lot investment opportunity.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.