1 day on Market

242 West 2nd St, Hamilton, Ontario L9C 3G5

Detached
3 + 3
2
~2000 sqft
$725,000
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Detached
3 + 3
2
~2000 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$362/sqft

Monthly cost

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Description

Exceptional opportunity to own a fully licensed student residence in one of Hamilton's most sought-after rental locations. This spacious detached home offers 7 bedrooms (configured as 4+ 3 bedrooms, as living room can be converted to a bedroom), 2 full bathrooms, and 2 kitchens, making it ideal for student housing, multi-generational living, or investors seeking strong cash flow. Located just steps from Mohawk College, this property meets City of Hamilton licensing requirements and is available for immediate occupancy. The functional layout includes a separate side entrance, providing excellent flexibility for a potential self-contained in-law suite or separate living arrangement that includes a living room and 3 bedrooms. Inside, you'll find generous living space designed to accommodate multiple occupants comfortably. Outside, the large, well-maintained backyard offers a private outdoor retreat perfect for relaxing, studying, or entertaining. Prime Hamilton Mountain Location: Walking distance to Mohawk College, Close to schools, shopping, restaurants, and everyday amenities. Public transit at your doorstep with easy access throughout Hamilton. Situated in an established and family-friendly neighborhoods. Whether you're an investor looking for a licensed income-generating property or a buyer seeking a spacious home with exceptional versatility, this property delivers outstanding value, location, and potential. Available immediately. Opportunities like this rarely come to market and do not last long.


Property Details

StyleBungalow
View-
Age of property1955
SqFt~2000 SqFt
Lot Size4,653 SqFt(105.75 x 44)
Parking Spaces5
MLS ®Number40838081
Community NameBonnington
Data SourceITSO
Listing byHomelife Professionals Realty Inc.

Features

Heating: Natural Gas
Cooling: Central Air
Basement: Separate Entrance, Walk-Out Access, Walk-Up Access, Full, Finished

Basement Floor

Living Room

3.35 x 4.57

Kitchen

4.27 x 2.39

Bedroom

4.88 x 3.30

Bathroom

4-Piece


Features

Lot size: 4,653 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Jun 10, 2026
ListedActive
$725,000
1 day on market
history photo preview50
Listing by itso®
Property listed by Homelife Professionals Realty Inc., Brokerage
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Market Data - Bonnington

Geo Zone Map ThumbnailBonnington

Buyer'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

30 days

Compared to

2025

14 days

2024

5 days

2023

12 days

New Listings

Past 30 days

3 listings

Compared to

2025

8 listings

2024

3 listings

2023

7 listings

Units sold

Past 30 days

1 unit

Compared to

2025

1 unit

2024

1 unit

2023

3 units

Median Sold Price

Past 30 days

$550,000

Compared to

2025

$687,500

2024

$510,000

2023

$750,000


Population and Demographics

Overview

Total population 586
Average household income $109,253

Age (%)

0 to 19
18%
20 to 34
29%
35 to 49
18%
50 to 64
19%
65 and plus
16%

Household composition (%)

Single family
58%
Single person
31%
Multi person
10%
Multi family
1%

Mother tongue (%)

English
76%
Others
5%
Punjabi (Panjabi)
4%
Arabic
4%
Spanish
3%
Italian
2%
Tagalog (Pilipino, Filipino)
2%

House tenancy (%)

Owners
65%
Renters
35%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget