$630,000
For sale: Detached

Prime McMaster University Student Rental Investment! This Turnkey 6-Bedroom, 2-Bathroom Home Is Currently Fully Rented To Students And Generates Approximately $4,900/Month In Rental Income, Or $58,800 Annually. Featuring 3 Bedrooms On The Main Level And 3 Bedrooms On The Lower Level, This Property Offers An Ideal Layout For Student Tenants. Excellent Location Just Minutes To McMaster University, McMaster Hospital, Shopping, Restaurants And Public Transit. Numerous Recent Updates Include New Laminate Flooring And Freshly Painted Throughout In 2022, New Furnace In 2023, And New Washer & Dryer In 2024. A Strong Cash-Flowing Investment With Excellent Student Rental Demand And Convenient Access To McMaster University. Perfect For Investors Looking For A Turnkey Income Property With Significant Rental Income And Long-Term Investment Potential! MUST SEE!!
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.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.
Currently for sale

$729,900
Detached33 CLINE AVENUE N, Westdale, Hamilton

$529,000
Detached24 BRUCEDALE AVENUE W, Southam, Hamilton

$599,800
Detached20 EAST 18TH STREET, Inch Park, Hamilton

$640,000
Detached12 GLENHURST CIRCLE, 456 - Oakdale, St. Catharines

$879,900
Detached83 DELMAR DRIVE, Buchanan, Hamilton

$574,900
Detached422 BRUNSWICK STREET, McQuesten, Hamilton

$579,900
Detached11 RICHARD STREET, 461 - Glendale/Glenridge, St. Catharines

$699,900
Detached306 TEMPLEMEAD DRIVE, Templemead, Hamilton