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 $739,900 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.
Imagine owning a true turnkey investment that starts generating cash flow the moment you take possession - with zero hassle and peace of mind built right in. This beautiful 6-bedroom detached home sits on a quiet, friendly court just minutes (by foot, bus, or quick drive) from McMaster University and every amenity you or your tenants could want. The location is pure gold for student and professional renters alike. Best part? A brand-new lease is already signed and in place until May 2027. That means immediate, reliable income with no vacancy worries and no scramble to find quality tenants. You can simply sit back and collect. Inside, the home offers a smart, functional layout that works beautifully for multi-tenant living. The main floor features three spacious bedrooms, a bright and open kitchen, separate dining area, and a full bathroom - perfect for everyday comfort. Downstairs you'll find a cozy rec room, three more generously sized bedrooms, and a convenient kitchenette that adds tremendous rental appeal. Outside, you get parking for three cars plus a quiet, private backyard with no rear neighbours - a rare find that gives tenants that extra sense of peace and space. This is the kind of low-maintenance, income-producing property that smart investors dream about.
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Primary Bedroom - Main Floor, On Demand Water Heater
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 16 BEAUCOURT Place, Hamilton, ON L8S 2P7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
About Purchasing a Home in Hamilton, ON
For a property listed at $739,900 in Hamilton, the legal minimum down payment is $48,990 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 $11,273 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 $11,273.
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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.