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Ainslie Wood, Hamilton
$849,000
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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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,559 |
| Lot Size | 50 ft x 105 ft |
| mls© Number | X13573214 |
| Listed By | KING 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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