94 Glenmount Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Ainslie Wood. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $869,000 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.
- 7 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 34.66 x 106.75 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
** Investment opportunity ** Rental revenue from 7 bedroom Student Rental, licensed with the City of Hamilton. Walk to McMaster University. Large corner lot with 2 driveways (4 car parking) + large yard w/ potential for addition or ADU. 1275 sq.ft features 7 bedrooms & 2 bathrooms plus a stand alone shower room for convenience. Ample main floor common space & spacious kitchen with 2 fridges. Huge loft principal bedroom, 2 main floor bedrooms & 4 in basement. Upgrades: Basement egress window ('21), renovated tiled shower room ('22), new heat pump (23'), forced air furnace ('23). Potential for increased rental revenue, investors package is available including current income & expenses. Vacant possession is available in May 2025.
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Property Summary
This detached home located at 94 Glenmount Avenue, Hamilton is currently for sale and has been available on SousaSells for 560 days. This property is listed at $869,000 with an estimated mortgage of $2,893* per month. It has 7 beds, 2 bathrooms, and is 1100-1500 square feet. 94 Glenmount 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
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Features
Property Features
Hospital, Library, Park, Rec./Commun.Centre, School, Golf
Interior Features
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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 94 Glenmount Avenue, Hamilton, ON L8S 2L7
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 $869,000 in Hamilton, the legal minimum down payment is $61,900 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 $13,855 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 $13,855.
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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.