40 Kingsmount Street, Hamilton, ON

$1,069,000
MLS#:X11938426
6 beds
2 baths
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Ainslie Wood. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $1,069,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Premium 23.08 x 143 ft lot size
  • Features a ["full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: In-Law Suite, Upgraded Insulation, Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Introducing West Hamiltons newest PREMIUM STUDENT LIVING DUPLEX OPPORTUNITY!! 40 Kingsmount St. South is perfectly situated across MCMASTER UNIVERSITY, next to all major amenities, and seconds to major transit / GO line. Properly licenced through the City of Hamilton, fully renovated from top to bottom, and situated on a one of a kind, premium lot, this property features a sizable 6 bedroom layout. The main unit features a 4 bedroom design, with second unit boasting a 2 bedroom setup with second floor private balcony. Situated on a sizable, unique, pie shaped lot backing onto the citys popular Rail Trail, this R zoned property allows significant future development / addition potential. This zoning creates a massive opportunity for future owners to increase property value and performance. The strong rental performance of this property reflects the quality and attractiveness of the building for students and boasts $6519 monthly gross rent.Call to view today!!!

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Key Features

Bedrooms
6
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 6, 2025
Sold price information is available to members only
Listed Date1/23/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Aluminum Siding
Lot Size23.08 × 143 Feet
CountyHamilton
Annual Tax$6,621
Legal DescriptionLT 18 RCP 1478; CITY OF HAMILTON

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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40 Kingsmount Street, Hamilton, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 Kingsmount Street S, Hamilton, ON L8S 3B3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$855,200
Monthly Mortgage$4,969
Property Tax (Est.)$552
Utilities & Maint.$350
Total Monthly Cost$5,871

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Hamilton.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Ainslie Wood, Hamilton.

Verified Local Data
City Population785,184
City Median Age41.6 Yrs
City Ownership69% Owners
Avg Area List Price$685,614

People & Families

Age Distribution

Household Composition

One-person households
27%
Families with children
45%
Couples without children
27%
Other households
1%

Top Ethnic Origins

English21%
Scottish17%
Irish16%
Canadian13%

Local Schools Guide

Elementary Schools

Canadian Martyrs
Public1355 Main Street West, Ainslie Wood East, Hamilton, Ontario, L8S 4M7
3.2
Mountview
Public59 Karen Crescent, Mountview, Hamilton, Ontario, L9C 5M5
5.6
St Teresa of Avila
Public171 San Remo Drive, Mountview, Hamilton, Ontario, L9C 6P8
4.9
Holbrook
Public450 Sanatorium Road, Westcliffe West, Hamilton, Ontario, L9C 2B1
6.3
Chedoke
PublicWest 27th Street, Westcliffe East, Hamilton, Ontario, L9C 4Z5
4.5

Secondary Schools

Westdale
Public700 Main Street West, Westdale South, Hamilton, Ontario, L8S 1A5
6.7
Sir Allan MacNab
Public145 Magnolia Drive, Fessenden, Hamilton, Ontario, L9C 5P4
3.8
Georges-P-Vanier
Public100 Macklin Street North, Westdale North, Hamilton, Ontario, L8S 3S1
7.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied69%
Rented31%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.