$799,000Asking Price
Prime investment opportunity just steps from Mohawk College. Potential of Over $86,000 estimated annual income. This recently renovated property delivers exceptional versatility, making it ideal for student housing or multi-family use. Thoughtfully updated main and basement levels provide a well-maintained, low-maintenance investment with strong future cash flow potential. The spacious main floor features 5 generous bedrooms, along with one 3-piece washroom and one2-piece washroom, designed for comfortable shared living. The fully finished basement includes4 additional bedrooms, a full kitchen, one 3-piece washroom, and a separate entrance, allowing for flexible and optimized rental configurations. The property benefits from consistently strong demand due to its prime, high-traffic location. Additional highlights include a large double-car garage with excellent attic storage, ample parking, and an easy-care exterior. Located in a sought-after area close to schools, transit, shopping, and amenities, this is a turnkey income property with outstanding long-term value and upside potential.
Prime investment opportunity just steps from Mohawk College. Potential of Over $86,000 estimated annual income. This recently renovated property delivers exceptional versatility, making it ideal for student housing or multi-family use. Thoughtfully updated main and basement levels provide a well-maintained, low-maintenance investment with strong future cash flow potential. The spacious main floor features 5 generous bedrooms, along with one 3-piece washroom and one2-piece washroom, designed for comfortable shared living. The fully finished basement includes4 additional bedrooms, a full kitchen, one 3-piece washroom, and a separate entrance, allowing for flexible and optimized rental configurations. The property benefits from consistently strong demand due to its prime, high-traffic location. Additional highlights include a large double-car garage with excellent attic storage, ample parking, and an easy-care exterior. Located in a sought-after area close to schools, transit, shopping, and amenities, this is a turnkey income property with outstanding long-term value and upside potential.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 3-Piece Bathroom on Main Floor | ||||
| 1 3-Piece Bathroom | ||||
| 1 2-Piece Bathroom on Main Floor | ||||
Bonnington, Hamilton is a west GTA neighbourhood notable for its singles, renters, health professionals and salespeople. It has a higher than average population of immigrants from the Philippines, and Punjabi and Tagalog speakers. Residents tend to be younger with a significant number of youth aged 15 to 24 and adults aged 25 to 34.
Kids Per Family
1.1
kids per family
in the neighbourhood.
64%
of residents are
single and loving it.
64% singles
Hamilton (46%)
63%
of residents
are renters.
63% renters
Hamilton (32%)
24%
of residents are
university grads.
24% university grads
Hamilton (28%)Average Household Income
$72K
is the average household
income in the neighbourhood.
Professions
| Sales | 25% |
| Trades | 9% |
| Business | 9% |
| Health | 6% |
| Manufacturing | 4% |
24%
of residents were
born outside of Canada.
24% immigrants
Hamilton (25%)6.9% from Philippines
All-time
0.3% from Lebanon
Recent
Foreign Languages
| Tagalog | 6% |
| Punjabi | 5% |
| Spanish | 2% |
| Arabic | 2% |
| French | 1% |
Religions
| Christian | 64% |
| Muslim | 4% |
| Sikh | 1% |
| Hindu | 1% |
| Jewish | 1% |