16 Ainslie Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Ainslie Wood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $729,000 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
- Generous living space spanning 700-1100 sqft on a premium 40.08 x 119.78 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: In-Law Capability, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Approx !!!!! $4,300/month in Rental INCOME !!!! <<<< LEGAL BASEMENT WITH SEPARATE ENTRANCE>>>>> 3+3 = 6 BEDROOMS $$$$$ . ****Walking distance from McMASTER UNIVERSITY **** Featuring 3 spacious bedrooms on the main floor and 3 additional bedrooms in the basement,.this versatile property is perfectly suited for student rentals, multi-generational living, or investors looking to maximize returns. The separate entrance creates excellent income-producing possibilities, while the bright main level boasts large windows, generous living space, and . recent upgraded modern kitchen with brand-new appliances, pot lights, new basement flooring, and a new electrical sub-panel, making this a TURNKEY investment. Simply move in or start generating income immediately. #### Easy access to public transit, shopping, restaurants, parks, schools, and all major amenities ##### $$$$$ Strong rental demand driven by McMaster University $$$$ ,nearby hospitals, and employment hubs . Whether you're an investor seeking positive cash flow, a parent looking to house students while generating income, or a homeowner wanting a mortgage helper, this property delivers outstanding value in one of Hamilton's most desirable and consistently high-demand neighbourhoods. Lot size is huge (40* 120 ) Feet. Shows 10+++++++++++
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Property Summary
This detached home located at 16 Ainslie Avenue, Hamilton is currently for sale and has been available on SousaSells for 2 days. This property is listed at $729,000 with an estimated mortgage of $2,427* per month. It has 6 beds, 2 bathrooms, and is 700-1100 square feet. 16 Ainslie Avenue, Hamilton is in the Ainslie Wood neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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In-Law Capability, Primary Bedroom - Main Floor
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 16 Ainslie Avenue, Hamilton, ON L8S 2J3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $729,000 in Hamilton, the legal minimum down payment is $47,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,055 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,055.
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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.