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Price Change$649,000

40 Granton Street

Ainslie Wood, Hamilton

$849,000

Detached|Bungalow-Raised
3 | 3 | 5
About this home

Beautifully Renovated Turnkey Home Near McMaster UniversityThis stunning, fully renovated home is truly move-in ready, offering modern finishes and exceptional income potential in a high-demand location.The property features a brand new basement apartment with 5 bedrooms, 2 full washrooms, a full kitchen, and separate entrance-perfect for extended family or strong rental income. The main floor offers 3 spacious bedrooms, a full washroom, and a modern kitchen, making it ideal for comfortable family living.Extensively upgraded from top to bottom, this home includes:* New flooring throughout* All interior doors replaced with modern finishes* Stylish new lighting fixtures across the home* Two brand new kitchens with contemporary cabinetry and finishes* Fully renovated washrooms with modern fixtures Major System Upgrades:* Complete new plumbing system* Fully rewired electrical system* Brand new windows throughout* New appliances (Oct 2025)* New water heater (Oct 2025)* New double-door refrigerator (April 2026)* Furnace (2024) Prime Location:* 1-minute walk to bus stop* Walking distance to McMaster University* Located in a high rental demand areaWith no rental items, this property offers peace of mind and long-term value Perfect for homeowners and investors alike - a rare opportunity combining modern upgrades, excellent location, and strong cash flow potential.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,559
Lot Size50 ft x 105 ft
mls© NumberX13573214
Listed ByKING 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%
$4,346
Property tax
$380
Heat allowance
$150
Housing costs
$4,876 / mo

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

Down payment20% · $169,800
25-yr amortization

Income needed

$150,000

gross annual household income

Payment at 4%
$3,573 / mo
Cash down
$169,800

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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