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Doug Folsetter

doug@folsetter.com +1(905) 515-5494

Listed by Lan Burgess • RE/MAX Escarpment Realty Inc.

$880,000

Est. payment - /mo

7 Beds

3 Baths

2,068 SqFt

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,068 sqft

Price per Sqft $425

MLS Listing ID 40823953

Style Two Story

Bedrooms 7

Full Baths 3

Abv Grd Liv Area 2,068

Annual Tax Amount $6,870

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Detached

Source Cornerstone

Property Description

Turnkey Cash-Flow Opportunity Near McMaster! Exceptional 7-bedroom, 3-bathroom income property featuring 2,068 sq ft of above-grade living space on a generous 60x145 ft lot in prime Ainslie Wood. City of Hamilton Licensed Rental property (1 unit, 7 bedrooms). Designed for strong rental performance, the home features 3 full bathrooms (one on each floor), three separate entrances (front, side and rear), and parking for up to 8 vehicles. The main floor bedroom includes a wet sink and kitchen setup with excellent potential to convert into a self-contained 1-bedroom suite with separate rear access. Durable metal roof, spacious and bright interior with abundant natural light throughout. A separate detached garage adds flexibility and additional value. Currently generating $5,600/month in rental income, delivering solid positive cash flow. With its expansive layout, there is also potential to add two additional bedrooms, further enhancing income potential. A rare scalable investment opportunity in one of Hamilton's most sought after rental pocket. 2023 Furnace, AC and Fridge.

Location

Province ON

County Hamilton

Area 11 - Hamilton West

Zoning C C/S-1335

Rooms

Basement Full, Finished

Main Level Bedrooms 1

Bedroom 2 4

Kitchen 1

Interior

Interior Features In-law Capability

Heating Forced Air

Cooling Central Air

Fireplace No

Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer

Exterior

Parking Features Detached Garage

Garage Spaces 1.0

Roof Type Metal

Lot Frontage 60.0

Lot Depth 145.0

Garage Yes

Building

Lot Description Urban, Ample Parking

Sewer Sewer (Municipal)

Water Municipal

Architectural Style Two Story

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 175880045

Ownership Freehold/None

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Doug Folsetter

+1(905) 515-5494

Sales Representative | License ID: 4729737

Sales Representative License ID: 4729737

142 Ewen Road Hamilton, ON L8S 3C7

Doug Folsetter

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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142 Ewen Road