16 Ainslie Avenue
Ainslie Wood / Hamilton, ON L8S 2J3
About This Property
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+++++++++++
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13561714
Listed by RE/MAX REAL ESTATE CENTRE INC.
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
Mortgage Estimate
Est. Monthly Payment
$3,560
/month · $583,200 mortgage
Amortization
Total Interest
$484,741
Total Cost
$1,067,941
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
RE/MAX REAL ESTATE CENTRE INC.















