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Price Change$795,000

102 Dalewood Avenue

Ainslie Wood, Hamilton

$749,000

Detached|1 1/2 Storey
4 | 3 | 4
About this home

Excellent opportunity in Hamilton's premier McMaster University rental district, just a short 5-minute walk to campus. This spacious 7-bedroom + Den, 3-bathroom home offers an ideal layout for student housing or multi-generational living. Recent renovations feature updated finishes throughout with no carpet for easy maintenance, on-site laundry, 4 parking spaces, a recently completed driveway with new Garage door, generous-sized bedrooms, and strong income-generating potential. Conveniently located within walking distance to McMaster University, McMaster Hospital, public transit, shopping, restaurants, and all essential amenities. Situated in the highly desirable Ainslie Wood neighbourhood with consistently strong rental demand, this property is ideal for investors, parents purchasing for university-bound students, or buyers seeking a turnkey income-producing asset.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,309
Lot Size40 ft x 97 ft
mls© NumberX13478796
Listed ByCENTURY 21 GREEN 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%
$3,834
Property tax
$526
Heat allowance
$150
Housing costs
$4,509 / mo

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

Down payment20% · $149,800
25-yr amortization

Income needed

$139,000

gross annual household income

Payment at 4%
$3,152 / mo
Cash down
$149,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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