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Price Change$699,900

105 Hillview Street

Ainslie Wood, Hamilton

$629,900

Detached|2-Storey
6 | 2 | 3
About this home

Exceptional investment opportunity in the highly sought-after Ainslie Wood neighbourhood, just a short walk from McMaster University. This spacious 8 bedroom home offers approximately 1,450 sq. ft. above grade and is designed for strong rental income potential. Features include generously sized bedrooms, hardwood flooring throughout, a beautifully renovated second-floor bathroom, and a finished basement with a separate entrance, additional bedrooms, and laundry. Currently generating excellent income with a projected cap rate exceeding 6%, the property also offers future upside with three bedrooms vacant or becoming available by the end of the summer. Enjoy a large rear deck, extended private driveway with ample parking, and a location consistently in demand among students and professionals alike. Ideal for investors, multi generational families, or owner occupants seeking mortgage assistance. Conveniently located near transit, parks, shopping, restaurants, major highways, and all amenities. A rare opportunity to own a versatile income producing property in one of Hamilton's most desirable neighbourhoods.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$6,187
Lot Size40 ft x 135 ft
mls© NumberX13099478
Listed ByROYAL LEPAGE REALTY PLUS

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%
$3,224
Property tax
$516
Heat allowance
$150
Housing costs
$3,890 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $125,980
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,651 / mo
Cash down
$125,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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