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Westdale, Hamilton
$830,000
Investment opportunity awaits! Situated in the heart of Westdale Village and just steps from McMaster University, this spacious 5+1 bedroom, 2.5-storey home offers an exceptional opportunity for investors or buyers seeking a turnkey income property in one of Hamilton's most desirable neighbourhoods. The inviting front porch welcomes you into a bright and spacious main level featuring a sun-filled living area, a well-appointed kitchen with walkout to a generous backyard, and a convenient main-floor bedroom. The second level offers three generously sized bedrooms and a 5-piece bathroom, ideal for maximizing rental potential. The expansive third-floor loft provides a bright and private fourth bedroom with ample closet space, adding both character and versatility to the layout. The fully finished basement further enhances the home's income-generating appeal. It includes a fifth bedroom, a 3-piece bathroom, additional storage, and convenient side entry access offering excellent functionality for tenants. The property accommodates parking for up to four vehicles and backs onto an alleyway, presenting future potential for additional parking or even a separate dwelling (buyer to complete due diligence), adding further long-term value. Ideally located within walking distance to shops, transit, schools, McMaster campus, and offering easy highway access, this property meets all criteria for strong and consistent rental demand. It meets all legal rental requirements with the City of Hamilton and is ESA certified for added peace of mind. With current tenants scheduled to vacate by April 30, 2026 (willing to stay), this is a rare opportunity to secure a prime Westdale property with flexibility for new tenancy or owner use. Don't miss your chance to invest in one of Hamilton's most sought-after communities.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $7,081 |
| Lot Size | 30 ft x 103 ft |
| mls© Number | X13087590 |
| Listed By | RE/MAX ESCARPMENT REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,248
- Property tax
- $590
- Heat allowance
- $150
- Housing costs
- $4,988 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$153,000
gross annual household income
- Payment at 4%
- $3,493 / mo
- Cash down
- $166,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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