$649,900
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
Homes in Ainslie Wood took a median of 31 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 59, across 83 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $669,999.
Homes sold for about 4.3% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 83 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. 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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