241 WEST 5TH Street

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$599,900

241 WEST 5TH Street

Southam/Donnington, Hamilton · MLS® 40863944

725

1,650 sq ft · House · Single Family · built 1927 · 38 days on market

listed by Joshua Fleming, RE/MAX Escarpment Realty Inc.

realtor's description

Look no further for your next investment property. Literally across the street from Mohawk College, 241 West 5th offers 7 Bedrooms, 2 Kitchens, a Large Communal Dining area and 2 Bathrooms. Both kitchens and both bathrooms have been renovated in 2026, and are spectacular. Other amazing features on this property include a Large detached garage, a large driveway with plenty of parking, new concrete back porch and front stairs, and so much more. This property is cash flowing, and ready and waiting for you! All you have to do is sit back and enjoy. Looking to let your money work for you? Look no further and start making a return on your investment. Financials available on request. All RSA. Currently run by a Property Manager who will continue to manage it moving forward if desired. Taxes Estimated using City Property Tax Calculator.

property details

type: House, Single Family
bedrooms: 7
bathrooms: 2
living area: 1,650 sq ft
parking: 5
year built: 1927
property tax: $4,593 / yr
days on market: 38
MLS®: 40863944

features

School Bus
Community Centre
Washer
Refrigerator
Stove
Dryer

monthly cost

$2,996/mo

Mortgage $2,614 · Tax $383

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$2,614/ monthly

loan $479,920

25-year amortization

down payment20% · $119,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $304,192
cash to close: $119,980; down payment; transfer tax and fees not included
total paid: $784,112

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.