$689,400
Est. payment $3,053/moCalculate yours
16 Ainslie Avenue, Hamilton, ON L8S 2J3
Ainslie Wood, Hamilton, ON L8S 2J3
- 3 + 3 Beds
- 2 Baths
- 700 Sq Ft
Listing courtesy of RE/MAX REAL ESTATE CENTRE INC. MLS® X13671982
About this home
Approx !!!!! $4,300/month in Rental INCOME !!!! <<<>>>> 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 <<<<>>>>> 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+++++
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 700 sqft
Interior
- Bedrooms
- 3 + 3
- Bathrooms
- 2
- Kitchens
- 2
- Total Rooms
- 5
- Basement
- Finished, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 40.08 x 119.78 Feet
- Parking
- None garage · 3 total
Financial
- Property Taxes
- $5,227 (2025)
Location
- Neighbourhood
- Ainslie Wood
- Cross Street
- Emerson St & Main St W
- Direction Faces
- North
Listing
- MLS® Number
- X13671982
- Days on Market
- 66
- Listed On
- 2026-08-13
- Possession
- TBD
- Listed By
- RE/MAX REAL ESTATE CENTRE INC.
Rooms
Features
Interior
- In-Law Capability
- Primary Bedroom - Main Floor
Pool
- None
- Included
- All Elf's, S/S Appliances - Fridge, Dishwasher, Appliances in the Basement, Washer, Dryer and Window Coverings.
- Rental items
- Hot Water Tank
Mortgage calculator
Estimated mortgage payment
$3,053 per month
- Principal and interest
- $3,053
- Property tax
- $436
- Condo fees
- $0
- Estimated monthly cost
- $3,488
Your mortgage
- Mortgage amount
- $551,520
- Mortgage insurance
- Not needed
- Interest over 25 years
- $364,234
Cash to close
- Down payment
- $137,880
- Land transfer tax
- $10,263
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $148,143
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.