$689,400
 $3,701 est/mo Sourced by Back At You

16 Ainslie Avenue,Hamilton, ON L8S 2J3

Hamilton, ON L8S 2J3

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Description

Approx !!!!! $4,300/month in Rental INCOME !!!! LEGAL BASEMENT WITH SEPARATE ENTRANCE 3+3 = 6 BEDROOMS $$$$$ . ****Walking distance from McMaster University **** Featuring 3 spacious bedrooms on the main floor and 3 additional bedrooms in the basement. This versatile property is perfectly suited for student rentals, multi-generational living, or investors looking to maximize returns. The separate entrance creates excellent income-producing possibilities, while the bright main level boasts large windows, generous living space, and a recently upgraded modern kitchen with brand-new appliances, pot lights, new basement flooring, and a new electrical sub-panel, making this a TURNKEY investment. Simply move in or start generating income immediately. #### Easy access to public transit, shopping, restaurants, parks, schools, and all major amenities ##### $$$$$ Strong rental demand driven by McMaster University $$$$, nearby hospitals, and employment hubs. 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. Huge lot size (40* 120 ) Feet. Shows 10+++++

Details

MLS #X13671982
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusNew
Year0
Days On Site11
Listing Provided ByRE/MAX REAL ESTATE CENTRE INC. | X13671982 079800

Features

Bed(s)6
Bath(s)2
BasementY
Acreage0.11

Interior

Interior FeaturesIn-Law Capability, Primary Bedroom - Main Floor
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air
Heat SourceGas
Fireplace Yes / NoNo
Rooms Total5

Exterior

RoofAsphalt Shingle
Foundation DetailsBlock
Construction MaterialsBrick

Parking

Garage Yes / NoNo
Parking FeaturesPrivate

Utilities

SewerSewer

Taxes

Tax Annual Amount5227
Tax Legal DescriptionLT 53 RCP 1482; CITY OF HAMILTON
Tax Year2025

Area Information

ProvinceON
RegionHamilton
CityHamilton
Postal CodeL8S 2J3
AreaAinslie Wood
Listing VS Median (in L8S 2J3)
Price:
$689,400
low | high
Med:
$0
On site:
11
low | high
Med:
Sourced by Back At You

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Additional Information


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Learn More About This Property

ProvinceON
RegionHamilton
CityHamilton
Postal CodeL8S 2J3
AreaAinslie Wood
Listing VS Median (in L8S 2J3)
Price:
$689,400
low | high
Med:
$0
On site:
11
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $517K - $861K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
27 Ainslie Avenue Property Photo 1
$1,049,000
27 Ainslie Avenue
Hamilton, ON L8S 2J5
Listing Updated: August 13, 2026 at 12:02:34 PM PDT