The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Excellent investment opportunity just approximately a two-minute walk to McMaster University! Currently operated as a furnished student rental, Currently generating approximately $5,800 in gross monthly rental income, as reported by the seller. Spacious layout offers 8 bedrooms: 3 upstairs, 3 on the main floor and 2 on the lower level-plus 3 renovated bathrooms, a main floor kitchen and basement kitchen. Finished basement includes laundry and storage. Extensively renovated since 2017, with approximately $100,000 invested in improvements, including flooring, most windows and doors, plumbing, electrical wiring, 100 Amp electrical panel and LED lighting. Roof shingles replaced approximately two years ago. Additional features include an upgraded enclosed front porch, front interlock, backyard deck, fencing and garden shed. Three entrances include basement access to the backyard, with additional backyard access from Ward Avenue and Leland Avenue. Owned furnace, central air conditioner and XL hot water tank. Conveniently located close to campus and everyday amenities..
Property Details
Listing
MLS® number
X13880680
Status
For Sale
Listed
Oct 9, 2026
Last updated
Oct 9, 2026
Possession
Flexible
Building
Type
Detached
Style
2-Storey
Approx. age
Not provided by brokerage
Approx. size
1,100–1,500 ft²
Basement
Finished
Lot
Frontage
25.00 ft
Depth
100.00 ft
Lot area
≈ 2,500 ft² (calculated)
View
North
Community
Ainslie Wood
Parking & utilities
Garage
None, 0 spaces
Driveway
Street Only, 0 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$5,388 / 2025
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
ROYAL LEPAGE IGNITE REALTY
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 6
Bedrooms below grade: 2
Kitchens: 1 above grade · 1 below grade
Basement: Finished
Heating: Forced Air
Cooling: Central Air
Exterior
Pool features: None
Property features: Fenced Yard, Hospital, Public Transit, School
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,064/mo
Mortgage (principal + interest)$2,615
Property taxFrom listing: $5,388/yr$449
Minimum $44,900 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$139,800
Ontario land transfer taxProvincial brackets, no first-time refund$10,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$153,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hamilton has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
