
Hamilton, ON L8S 2J3
INVESTOR ALERT | PRIME McMASTER STUDENT RENTAL OPPORTUNITY! Welcome to 16 Ainslie Ave, Hamilton - a rare detached bungalow on a premium ravine lot in the highly sought-after Ainslie Wood / West Hamilton community, offering exceptional potential for investors, student rentals, multi-generational living, house hackers, or end-users seeking mortgage-helper income. Located in one of Hamilton's strongest high-demand rental markets, this versatile property features 3 spacious bedrooms on the main floor + 3 bedrooms in the finished basement, 2 full bathrooms, bright living spaces, and large windows throughout bringing in abundant natural light. The functional layout offers strong potential for an income-generating setup ideal for buyers looking to offset mortgage payments or expand their real estate portfolio near McMaster University. The home has undergone valuable recent upgrades including brand new main floor appliances, permitted pot lights, a modern upgraded kitchen, new basement flooring, and a new electrical sub-panel, providing added value and move-in-ready convenience. Rental licence application process is already in progress with the City, offering added convenience for buyers exploring student rental or income property potential (buyer to conduct own due diligence regarding licensing and permitted use). Ideally located approximately 1.5 km to McMaster University, with excellent walkability, transit connectivity, and quick access to Hwy 403, hospitals, shopping, restaurants, parks, trails, and everyday amenities. Families will also appreciate nearby schools with strong Fraser rankings in the surrounding area. A rare opportunity combining premium ravine lot, strong rental demand, excellent accessibility, future upside, and long-term investment value in one of Hamilton's most desirable rental and family-friendly neighbourhoods. Some photos are virtually staged or AI-enhanced to illustrate the property's potential.
TRREB MLS® Attribution
MLS® X13103558
Listed by EXP REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$3,418
/month · $559,999 mortgage
Amortization
Total Interest
$465,457
Total Cost
$1,025,456
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
EXP REALTY