124 WHITNEY Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Ainslie Wood. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $679,000 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
- Generous living space spanning 700-1100 sqft on a premium 37 x 100 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, Water Meter
- Efficient forced air heating via gas
Description
PRIME STUDENT RENTAL INVESTMENT! Fantastic turn-key investment opportunity just a short walk from McMaster University! This well-maintained 6-bedroom, 2-bathroom bungalow offers potential for strong cash flow and an excellent cap rate, making it an ideal addition to any investors portfolio. Featuring a separate entrance to a fully finished basement, this home is perfectly set up for student living. Updates include waterproofing (2017) with a 25-year warranty, lead pipe replacement (2018), newer flooring throughout, updated bathrooms and kitchen, and a newly paved asphalt driveway (2022) for added convenience. With high rental demand in this sought-after location close to all amentias including Fortinos, restaurants, transit, Columbia College, McMaster University, Hospital, parks and trails, this property is ready to generate income from day one. Don't miss out on this prime student rental investment.
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Property Summary
This detached home located at 124 WHITNEY Avenue, Hamilton is currently for sale and has been available on SousaSells for 517 days. This property is listed at $679,000 with an estimated mortgage of $2,260* per month. It has 6 beds, 2 bathrooms, and is 700-1100 square feet. 124 WHITNEY 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Golf, Hospital, Level, Park, Public Transit
Interior Features
In-Law Capability, Water Meter
Security Features
Community Features
Location
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 124 WHITNEY Avenue, Hamilton, ON L8S 2G7
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 $679,000 in Hamilton, the legal minimum down payment is $42,900 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 $10,055 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 $10,055.
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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.