***ATTENTION INVESTORS & SAVVY BUYERS - TURNKEY CASH-FLOW OPPORTUNITY IN WEST HAMILTON! APPROX. $4,300/MONTH IN RENTAL INCOME POTENTIAL! LEGAL BASEMENT WITH SEPARATE ENTRANCE! 3+3 BEDROOM INVESTMENT PROPERTY JUST MINUTES FROM McMASTER UNIVERSITY! *** Welcome to 16 Ainslie Avenue, featuring 3 spacious bedrooms on the main floor and 3 additional bedrooms in the legal 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 an updated kitchen. Recent upgrades include a modern kitchen with brand-new appliances, permitted pot lights, new basement flooring, and a new electrical sub-panel, making this a true turnkey investment. Simply move in or start generating income immediately. Located approximately 1.5 km from McMaster University and only minutes from Highway 403, this property offers unmatched convenience with easy access to public transit, shopping, restaurants, parks, schools, and all major amenities. Strong rental demand driven by McMaster University, nearby hospitals, and employment hubs makes this an exceptional addition to any investment portfolio. 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. (id:15069)
| MLS® Number | X13561714 |
| Property Type | Single Family |
| Neigbourhood | West Hamilton |
| Community Name | Ainslie Wood |
| Equipment Type | Water Heater |
| Parking Space Total | 3 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 6 |
| Appliances | Dishwasher, Dryer, Washer, Window Coverings, Refrigerator |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Flooring Type | Laminate |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 700 - 1,100 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 119 Ft ,9 In |
| Size Frontage | 40 Ft ,1 In |
| Size Irregular | 40.1 X 119.8 Ft ; Legal Basement |
| Size Total Text | 40.1 X 119.8 Ft ; Legal Basement |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom | 3.23 m | 2.72 m | 3.23 m x 2.72 m |
| Basement | Laundry Room | 3.71 m | 2.92 m | 3.71 m x 2.92 m |
| Basement | Kitchen | 3.63 m | 2.82 m | 3.63 m x 2.82 m |
| Basement | Dining Room | 3.35 m | 2.06 m | 3.35 m x 2.06 m |
| Basement | Bedroom 4 | 3.84 m | 5.38 m | 3.84 m x 5.38 m |
| Basement | Bedroom 5 | 3.15 m | 3.23 m | 3.15 m x 3.23 m |
| Main Level | Living Room | 5.51 m | 3.53 m | 5.51 m x 3.53 m |
| Main Level | Kitchen | 3.48 m | 2.79 m | 3.48 m x 2.79 m |
| Main Level | Bathroom | 3.048 m | 1.68 m | 3.048 m x 1.68 m |
| Main Level | Primary Bedroom | 5.59 m | 3.23 m | 5.59 m x 3.23 m |
| Main Level | Bedroom 2 | 3.51 m | 3.56 m | 3.51 m x 3.56 m |
| Main Level | Bedroom 3 | 3.51 m | 2.94 m | 3.51 m x 2.94 m |
https://www.realtor.ca/real-estate/30031029/16-ainslie-avenue-hamilton-ainslie-wood-ainslie-wood
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