$799,800
For sale: Detached

Excellent investment opportunity in a prime Hamilton location, just a short walk to McMaster University and close to all major amenities including shopping, transit, and dining. This licensed rental property with the City of Hamilton is an ideal turnkey investment, currently tenanted and generating income. The property has been well maintained with several key updates completed, including new eavestroughs, gutters, and downspouts (2020), a new laundry dryer (2024), and professionally renovated staircases from the main floor to both the second floor and basement (2018). A 7x7 shed was added in 2019 for additional storage, and all hardwired smoke and carbon monoxide detectors were recently replaced in January 2026 for added safety and compliance. A fantastic opportunity for investors seeking a well-located, income-producing property in a highly desirable student rental area. Tenant agreements in place from May 2026 through April 2027.
Sold data
Detached homes in Hamilton (Ainslie Wood) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 52, across 833 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $767,777.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 833 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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