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Ainslie Wood, Hamilton
$999,900
Attention Investors & Savvy Buyers! Fantastic, high-yield opportunity in a highly desirable, AAA+ location-just steps to McMaster University and local amenities. This massive property offers incredible income potential and has been beautifully updated. Boasting 10 generous bedrooms and 6 bathrooms, this home is a investors dream or multi-generational masterpiece. Fresh new flooring on main floor, extends up the stairs and throughout the second level, where you'll find a massive primary suite with its own generous ensuite. The fully finished basement adds incredible value with a second kitchen and full bathroom. Turnkey, updated, and in an unbeatable location-do not miss out on this amazing investment opportunity!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,550 |
| Lot Size | 52.99 ft x 98.75 ft |
| mls© Number | X13622782 |
| Listed By | EXP REALTY |
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%
- $5,118
- Property tax
- $713
- Heat allowance
- $150
- Housing costs
- $5,980 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$184,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $199,980
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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