70 WARD AVENUE, Hamilton (Ainslie Wood)
$629,000
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 7 bedrooms, 2 bathrooms
- Living area
- 1,500 sqft
- MLS®
- MLS® X13696882
- Neighbourhood
- Ainslie Wood
ATTENTION INVESTORS: Rare, turnkey student housing goldmine in highly desirable Ainslie Wood, steps to McMaster University! This detached 1.5 storey investment property completely eliminates vacancy risk with a rock-solid, fully executed lease agreement guaranteed at $4,042/month until April 2027, PLUS tenants pay all the utilities and internet! This is the current tenants' 2nd year in the property and they have expressed an interest to renew again. Boasting a highly optimized, high-density layout featuring 6 +1 bedrooms and 2 bathrooms, with the option to have a living/common area in the basement with a separate entrance! This property generates an immediate, jaw-dropping 7.8%+ gross yield with zero initial lease costs, zero vacancy downtime, and total operational stability. Unbeatable location for student renters: steps to transit, campus, local dining, and shopping. This property is the perfect add-on for a sophisticated portfolio or an ideal entry point into high-density student housing. True cash-cow opportunities like this do not last. Do the math, check the location, and submit your best offer!
Sold data
Detached homes in Hamilton (Ainslie Wood) — recent sold market
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.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.
- Median days to sell
- 27
- Median sale price
- $767,777
- Sale-to-list ratio
- 97.0%
- Sold above asking
- 13%
Based on 833 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Hamilton (Ainslie Wood)
Hamilton (Ainslie Wood) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
- Rated schools
- 130
- Elementary
- 108
- Secondary
- 22
- Average rating
- 5.6 / 10
Top-rated schools in Hamilton (Ainslie Wood)
- Corpus Christi — elementary, HamiltonFraser rating 10.0/10
- Norwood Park — elementary, HamiltonFraser rating 8.4/10
- Pope John Paul II — elementary, HamiltonFraser rating 8.0/10
- Our Lady of Lourdes — elementary, HamiltonFraser rating 7.3/10
- Westmount — secondary, HamiltonFraser rating 7.3/10
- Sacred Heart — elementary, HamiltonFraser rating 7.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 70 WARD AVENUE
$517,777
Detached521,100–1,500 sqft130 STIRTON STREET, Gibson, Hamilton
$799,900
Detached7+42700–1,100 sqft37 RADFORD STREET, Ainslie Wood, Hamilton
$659,000
Detached5+22700–1,100 sqft245 GLENHOLME AVENUE, Glenview, Hamilton
$599,000
Detached5+22700–1,100 sqft615 DOGWOOD LANE, Waterloo
$699,000
Detached621,500–2,000 sqft521 BARTON STREET E, Gibson, Hamilton
$599,000
Detached7+421,100–1,500 sqft49 MCCRAE DRIVE, 767 - N. Welland, Welland
$549,900
Detached521,500–2,000 sqft2 MILL STREET E, Haldimand, Haldimand
$749,888
Detached7+132,000–2,500 sqft374 UPPER WENTWORTH STREET W, Inch Park, Hamilton