Hamilton, Ainslie Wood, L8S 2T9
$839,900$000000
Listed by ROYAL LEPAGE STATE REALTY.
Fantastic student investment property located in the mature Ainslee Wood neighbourhood of West Hamilton, only a short walking distance to McMaster University. Situated on a massive 40 x 250 ft. deep ravine property, this large 1.5-storey home has 6 bedrooms (with 5 bedrooms above grade), there are 2 full bathrooms, parking for 6+ vehicles, and an oversized 20 x 30 ft. detached garage. This property offers endless opportunities for expansion of the existing home or to build a new secondary dwelling unit. All mechanics in the home have been updated within the past 10 years including the furnace, air conditioner and roof shingles. The windows were replaced in 2018 and the garage roof was updated just 5 years ago. The electrical is 100-amp with updated copper wiring. This quiet family-friendly area is close to the escarpment and perfect for nature lovers with access to trails. Enjoy easy access to all amenities as well as Highway 403
. For parents or investors, this property offers vacant possession for May - ideal timing for classes starting in summer or fall.
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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.