Hamilton, Ainslie Wood, L8S 2G5
$949,800
Listed by RE/MAX Escarpment Golfi Realty Inc..
Turn-key opportunity close to McMaster University. This fully licensed, legal two-family detached home is a rare find for savvy investors or parents of McMaster University students! Thoughtfully updated and ready to go, this property offers over 1950 sq. ft. of total finished living space, including a fully finished legal secondary basement suite with a separate entrance, its own kitchen, and private laundry. Nestled within walking distance of McMaster University, this gem boasts recent upgrades: 2023 roof and attic insulation, 2022 front porch stairs and railings, and 2019 basement waterproofing with weeping tiles. The new legal-size basement window wells ensure safety and natural light for future tenants. With a spacious asphalt driveway fitting up to three cars, two City of Hamilton rental licenses for separate units, and unbeatable proximity to campus, this property is perfect for multiple scenarios: Investors can start collecting rent immediately with no work needed. Parents of McMaster students can secure a safe, comfortable home for their kids while building equity. Families can enjoy the main level and supplement income by leasing the basement. Bonus potential: A possibility to convert the attic into additional living space (buyer due diligence) Large 55.5 ft. by 100 ft. lot with huge back yard with potential. Currently rented generating a monthly revenue of $6800.00 from two units.
Dishwasher,Dryer,Refrigerator,Stove,Washer,2 Fridge, 2 Stoves, 1 Dishwasher, 2 Washer, 2 Dryer.
Copyright 2025 Information Technology Systems Ontario, Inc. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
Bedroom
Bedroom
Bedroom
Bedroom
Kitchen/Dining Room
Kitchen/Dining Room
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
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.