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$ 729,000
Est. payment /mo
New
16 Ainslie AVE Hamilton, ON L8S 2J3
6 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Ainslie Wood
MLS Listing ID X13561714
Style Bungalow
Bedrooms 6
Annual Tax Amount $5,227
Tax Year 2025
Property Sub-Type Detached
Property Description
***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.
Location
State ON
County Hamilton
Area Hamilton
Rooms
Basement Finished
Kitchen 2
Interior
Interior Features In-Law Capability, Primary Bedroom - Main Floor
Cooling Central Air
Inclusions All Elf's, S/S Appliances - Fridge, Dishwasher, Appliances in the Basement, Washer, Dryer and Window Coverings.
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 3
Building
Foundation Block
Others
Virtual Tour https://hdvirtualtours.ca/16-ainslie-ave-hamilton/mls
Lited by RE/MAX REAL ESTATE CENTRE INC.