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Hamilton (bonnington), ON L9C3N8,241 WEST 5TH STREET
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Hamilton (bonnington), ON L9C3N8,241 WEST 5TH STREET
Hamilton (bonnington), ON L9C3N8,241 WEST 5TH STREET
Hamilton (bonnington), ON L9C3N8,241 WEST 5TH STREET
Hamilton (bonnington), ON L9C3N8,241 WEST 5TH STREET
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Jordan Rossman

Jordan Rossman

+1(705) 345-0797
$ 629,000
Est. payment /mo
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241 WEST 5TH STREET Hamilton (bonnington), ON L9C3N8

7 Beds

2 Baths

700 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $898

Subdivision Bonnington

MLS® Listing ID X12230499

Style Bungalow

Bedrooms 7

Property Sub-Type Freehold

Source Toronto Regional Real Estate Board

Property Description

Excellent turnkey STUDENT RENTAL CASH FLOWING investment opportunity in Hamilton's desirable West Mountain. This detached bungalow sits on a wide 50-foot lot and is currently operated as a fully managed rental, just a one-minute walk to Mohawk College and the hospital. The property features a finished basement with a separate entrance, two private entrances (front and rear), and a detached garage with ample parking. Zoned for a fourplex, the property offers significant potential for future expansion or redevelopment, adding long-term value to an already strong income-producing asset. It is professionally managed by a property management company, providing hands-off ownership. The property is currently cash-flow positive, making it ideal for investors seeking stable, passive income from day one. Located near the LINC, major shopping centers, schools, public transit, and recreational facilities, this home benefits from steady rental demand and future growth potential. A rare opportunity to secure a low-maintenance, high-yield property in one of Hamiltons most sought-after rental locations. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Basement 3.66 m X 5.03 m Bedroom

Extra Room 2 Basement 3.66 m X 5.03 m Bedroom

Extra Room 3 Basement 2.6 m X 3.2 m Kitchen

Extra Room 4 Main level 3.04 m X 3.66 m Bedroom

Extra Room 5 Main level 3.04 m X 3.66 m Bedroom

Extra Room 6 Main level 3.04 m X 3.66 m Bedroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
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Jordan Rossman

+1(705) 345-0797

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