$649,900Asking Price
142 Ewen Road, Hamilton, ON L8S 3C7
Ainslie Wood, Hamilton
Turnkey Cash-Flow Opportunity Near McMaster! Exceptional 7-bedroom, 3-bathroom income property offering 2,068 sq ft of above-grade living space on a generous 60x145 ft lot in prime Ainslie Wood. Designed for strong rental performance, the home features 3 full bathrooms (one on each floor), three separate entrances (front, side and rear), and parking for up to 8 vehicles. The main floor bedroom includes a wet sink and kitchen setup with excellent potential to convert into a self-contained 1-bedroom suite with separate rear access. Durable metal roof, spacious and bright interior with abundant natural light throughout. A separate detached garage adds flexibility and additional value. Currently generating $5,600/month in rental income, delivering solid positive cash flow. With its expansive layout, there is also potential to add two additional bedrooms (buyer to verify), further enhancing income potential. A rare scalable investment opportunity in one of Hamilton's most sought after rental pocket. 2023 Furnace, AC and Fridge.
Turnkey Cash-Flow Opportunity Near McMaster! Exceptional 7-bedroom, 3-bathroom income property offering 2,068 sq ft of above-grade living space on a generous 60x145 ft lot in prime Ainslie Wood. Designed for strong rental performance, the home features 3 full bathrooms (one on each floor), three separate entrances (front, side and rear), and parking for up to 8 vehicles. The main floor bedroom includes a wet sink and kitchen setup with excellent potential to convert into a self-contained 1-bedroom suite with separate rear access. Durable metal roof, spacious and bright interior with abundant natural light throughout. A separate detached garage adds flexibility and additional value. Currently generating $5,600/month in rental income, delivering solid positive cash flow. With its expansive layout, there is also potential to add two additional bedrooms (buyer to verify), further enhancing income potential. A rare scalable investment opportunity in one of Hamilton's most sought after rental pocket. 2023 Furnace, AC and Fridge.
See MoreKey Info
- 2-Storey Detached
- 7-Car Driveway
- 1-Car Detached Garage
- Main & Ewen
- 2000-2500 Approximate Sq Feet
- Finished Basement
- 1 Kitchen
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 60 x 145 Feet
- Vinyl Siding Exterior
- Taxes were $6,870 in 2025
- Possession: Immediate
Details
- No Fireplace
- No Family Room
- Designation: Other
- Sewers
- Municipal Water
- MLS #X12828982
- RE/MAX ESCARPMENT REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom on Lower | |||
| 1 3-Piece Bathroom on Main Floor | |||
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Who lives here?
Ainslie Wood, Hamilton is a west GTA neighbourhood notable for its singles, renters, university grads and health and education, law & public sector professionals. It has a higher than average population of immigrants, and Mandarin speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 34.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Singles
60%
of residents are
single and loving it.
60% singles
Hamilton (46%)Renters
58%
of residents
are renters.
58% renters
Hamilton (32%)Education
47%
of residents are
university grads.
47% university grads
Hamilton (28%)Income
Average Household Income
$77K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 14% |
| Government | 12% |
| Business | 8% |
| Health | 6% |
| Trades | 5% |
Immigrants
27%
of residents were
born outside of Canada.
27% immigrants
Hamilton (25%)Birthplace - All
2.6% from UK
All-time
Birthplace - Recent
0.8% from Bangladesh
Recent
Foreign Languages
Foreign Languages
| Mandarin | 6% |
| Arabic | 3% |
| German | 1% |
| Spanish | 1% |
| Cantonese | 1% |
Religions
Religions
| Christian | 59% |
| Muslim | 5% |
| Hindu | 3% |
| Jewish | 3% |
| Buddhist | 1% |
