Re-listed 1 day ago

16 Ainslie Ave, Hamilton, Ontario L8S 2J3

Detached
3 + 3
2
~700-1100 sqft
$•••,•••
$729,000
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Detached
3 + 3
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market1 day

Total days on market
174 days

Estimated valueNot available

Price/Sqft$852/sqft

Monthly cost

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Description

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


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size4,800 SqFt(119.78 x 40.08)
Parking Spaces3
MLS ®NumberX13561714
Community NameAinslie Wood East
Data SourceTRREB
Listing byRE/MAX REAL ESTATE CENTRE INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Sep Entrance

Main Floor

Living

5.51 x 3.53

Laminate / Pot Lights / Window

Kitchen

3.48 x 2.79

Stainless Steel Appl / Quartz Counter

Bathroom

3.048 x 1.68

4 Pc Bath

Primary

5.59 x 3.23

Laminate / Window


Features

Lot size: 4,800 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by RE/MAX REAL ESTATE CENTRE INC., Brokerage
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Market Data - Ainslie Wood East

Geo Zone Map ThumbnailAinslie Wood East

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

20 days

Compared to

2025

24 days

2024

23 days

2023

19 days

New Listings

Past 30 days

8 listings

Compared to

2025

11 listings

2024

10 listings

2023

6 listings

Units sold

Past 30 days

5 units

Compared to

2025

5 units

2024

5 units

2023

2 units

Median Sold Price

Past 30 days

$765,000

Compared to

2025

$720,000

2024

$795,000

2023

$740,000


Population and Demographics

Overview

Total population 1898
Average household income $105,088

Age (%)

0 to 19
17%
20 to 34
45%
35 to 49
12%
50 to 64
13%
65 and plus
13%

Household composition (%)

Single person
40%
Single family
38%
Multi person
22%
Multi family
0%

Mother tongue (%)

English
70%
Mandarin
8%
Arabic
3%
Others
3%
Punjabi (Panjabi)
2%
Hindi
2%
Bengali
2%
Gujarati
2%
Spanish
1%
Polish
1%

House tenancy (%)

Renters
60%
Owners
40%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget