Bonnington, Hamilton · MLS® X13207988
936
House · Single Family · 149 days on market
listed by JAIMIN PATEL, HOMELIFE/MIRACLE REALTY LTD
Prime investment opportunity just steps from Mohawk College, offering rental income potential exceeding $86,000 annually! 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 one 2-piece washroom, designed for comfortable shared living. The fully finished basement includes 4 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.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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Walkability 0/100 · Car needed for most errands
Nothing everyday within a 10 minute walk.
mihom score from OpenStreetMap places, by straight line distance.