Home with vinyl exterior material, street for 56 Holmes Ave, Hamilton Ontario L8S 2K6
3 days on Market

56 Holmes Ave, Hamilton, Ontario L8S 2K6

Detached
5 + 1
2
~700-1100 sqft
$545,000
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Detached
5 + 1
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$637/sqft

Monthly cost

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Description

Great investment opportunity just a 3-minute walk from McMaster University - welcome to 56 Holmes Avenue, a 5-bedroom bungalow nestled on a quiet street in the highly desirable Ainslie Wood neighbourhood, perfectly positioned to generate strong and reliable student rental income year after year. This turn-key property sits within easy walking distance of McMaster University, scenic parks, and all of Westdale's vibrant shops and restaurants, making it an effortlessly attractive option for student tenants every semester. The main floor features a spacious kitchen with eat-in dining, five well-sized bedrooms, and a refreshed upstairs bathroom complete with brand new floor tiles updated in 2024. The finished basement adds tremendous value with a large common area, a second full bathroom with a newly replaced faucet, and its own private backdoor entrance providing direct access to both the basement and the fully fenced backyard - a layout that tenants love for its privacy and functionality. The home has seen a number of important upgrades in recent years, giving buyers the confidence of a well-maintained and move-in ready investment, including a brand new roof completed in 2025, a gas furnace that replaced the original oil furnace approximately six years ago, a professionally waterproofed basement completed roughly eight years ago, and the freshly updated upstairs bathroom tiles from last year. Whether you are a seasoned investor looking to add a high-performing student rental to your portfolio or a first-time buyer seeking a property that practically manages itself given its unbeatable location, 56 Holmes Avenue is an opportunity that simply should not be missed


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size2,500 SqFt(100 x 25)
Parking Spaces-
MLS ®NumberX13150340
Community NameAinslie Wood East
Data SourceTRREB
Listing byBIG CITY REALTY INC.

Features

Heating: Forced Air
Basement: Finished, Full

Main Floor

2nd Br

3.05 x 2.45

hardwood floor / Skylight / Window

3rd Br

2.78 x 2.46

hardwood floor / Window / Closet

4th Br

3.05 x 2.45

hardwood floor / Window

5th Br

3.69 x 3.6

hardwood floor / Window / Closet


Features

Lot size: 2,500 SqFt

Property History

May 20, 2026
ListedActive
$545,000
3 days on market
history photo preview27
Listing by trreb®
Property listed by BIG CITY REALTY 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

70 days

Compared to

2025

0 day

2024

23 days

2023

17 days

New Listings

Past 30 days

2 listings

Compared to

2025

8 listings

2024

5 listings

2023

7 listings

Units sold

Past 30 days

5 units

Compared to

2025

0 unit

2024

7 units

2023

3 units

Median Sold Price

Past 30 days

$727,000

Compared to

2024

$736,000

2023

$700,000


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