$699,900
For sale: Detached

Attention investors! Welcome to 61 Glenmount Avenue, an incredible opportunity in the heart of Hamilton. This spacious 2+2 bedroom, 2-bathroom home is perfectly suited for student housing or as an income-generating investment. Offering a functional layout with generous living space, the finished lower level features two additional bedrooms and a second bathroom, providing excellent flexibility to maximize rental income. An added bonus is the coin-operated laundry, creating an additional revenue stream for investors. Ideally located close to schools, universities, public transit, shopping, restaurants, parks, and major highway access, this property is in a prime location that tenants will love. Whether you're looking to expand your investment portfolio or secure a property with exceptional cash-flow potential, this is an opportunity you won't want to miss!
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.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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