Home with brick exterior material, street for 86 Whitney Ave, Hamilton Ontario L8S 2G5
12 days on Market

86 Whitney Ave, Hamilton, Ontario L8S 2G5

Detached
5 + 4
3
~700-1100 sqft
$949,800
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Detached
5 + 4
3
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,110/sqft

Est. Mortgage$4,079/mo

Tax Amount (2024)$6,707/yr

Days On Market12 days


Description

Turn-key opportunity close to McMaster University. This fully licensed, legal two-family detached home is a rare find for savvy investors or parents of McMaster University students! Thoughtfully updated and ready to go, this property offers over 1950 sq. ft. of total finished living space, including a fully finished legal secondary basement suite with a separate entrance, its own kitchen, and private laundry. Nestled within walking distance of McMaster University, this gem boasts recent upgrades: 2023 roof and attic insulation, 2022 front porch stairs and railings, and 2019 basement waterproofing with weeping tiles. The new legal-size basement window wells ensure safety and natural light for future tenants. With a spacious asphalt driveway fitting up to three cars, two City of Hamilton rental licenses for separate units, and unbeatable proximity to campus, this property is perfect for multiple scenarios: Investors can start collecting rent immediately with no work needed. Parents of McMaster students can secure a safe, comfortable home for their kids while building equity. Families can enjoy the main level and supplement income by leasing the basement. Bonus potential: A possibility to convert the attic into additional living space (buyer due diligence) Large 55.5 ft. by 100 ft. lot with huge back yard with potential.


Property Details

StyleBungalow
View-
Age of property51-99
SqFt~700-1100 SqFt
Lot Size5,500 SqFt(100 x 55)
Parking Spaces3
MLS ®NumberX11915622
Community NameAinslie Wood East
Data SourceTRREB
Listing byRE/MAX ESCARPMENT GOLFI REALTY INC.

Features

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

Main Floor

Br

3.05 x 3.53

Br

3.05 x 3.51

Br

2.62 x 3.48

Br

2.39 x 3.48


Features

Lot size: 5,500 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by RE/MAX ESCARPMENT GOLFI REALTY INC., Brokerage

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Population and Demographics

Overview

Total population 1898
Average household income $105,088

Age (%)

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

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%

Schools and amenities

Estimated Budget