$744,900
For sale: Detached

INVESTORS: Move-in ready and meticulously maintained, 7 rooms near McMaster at $750/room = $63,000 gross annual rent, approx. $51,000 net before mortgage. 3+4 bedroom detached bungalow, vacant and ready to lease. Roof 2019, furnace 2021, A/C 2022, owned water heater. Main floor has 3 bedrooms, hardwood, quartz kitchen counters, and a new front door, sliding door and interior doors (2022). Lower level has 4 bedrooms, a second kitchen, an updated bath, newer windows and a separate entrance with a new door (2021). Includes 2 fridges, 2 stoves, 2 microwaves, 2 dishwashers, washer and dryer. Previously set up as two separate units. Main-floor laundry was removed, but its electrical and plumbing remain, making it easy to convert back. Over 2,000 sq ft finished. 3-minute walk to transit, approx. 5 minutes to McMaster by bus. Also a clean, well-kept option for parents buying for a student. Don't delay!
Sold data
Detached homes in Hamilton (Ainslie Wood) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 52, across 768 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $754,950.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 768 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Ainslie Wood) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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