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55 WEST 5TH Street, Hamilton — listed at $599,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Investment Alert!!! Fully Licensed, fully tenanted, 7 bedroom/2 kitchen/2 bath Student Rental! This all brick bungalow is just steps from Mohawk College and St. Joe's Healthcare (West 5th Campus). Offering 7 bedrooms, 2 kitchens, and 2 full bathrooms, this home provides endless opportunities for homeowners, investors, and multi-generational families alike. The main level features 3 bedrooms, a large/bright living room, updated kitchen and bathroom. The fully finished lower level is conveniently accessible through the separate rear entrance, and features 4 additional bedrooms, a 2nd full kitchen, laundry and second full bathroom. Great private lot with 2 driveway parking spaces. Located just a 5-minute walk to Mohawk College, St. Joseph's West 5th campus, parks, schools, shopping, public transit, and more, this home offers multiple options as either a multi-generational home, single family home, or as the perfect turn-key investment property offering immediate income and positive cashflow. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Basement | 9'2'' x 14'1'' |
| Bedroom | Basement | 8'5'' x 9'2'' |
| Bedroom | Basement | 11'1'' x 8'3'' |
| 3pc Bathroom | Basement | — |
| Bedroom | Basement | 11'1'' x 10'6'' |
| Bedroom | Basement | 9'0'' x 10'0'' |
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 10'3'' x 13'0'' |
| Bedroom | Main level | 10'7'' x 11'1'' |
| Kitchen | Main level | 8'4'' x 10'9'' |
| Bedroom | Main level | 9'0'' x 11'10'' |
| Living room | Main level | 11'9'' x 14'7'' |
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
This home was built in 1947 — what should I watch for?+
Homes from this era may have original wiring, plumbing, or insulation. Key checks: electrical panel (100 vs 200 amp), roof age, furnace age, and whether the basement has ever had water issues. A thorough home inspection is essential.
Is 55 WEST 5TH Street a good fit for a growing family?+
With 7 bedrooms and 2 bathrooms (1752 sq ft), there's room for kids plus a guest room or home office.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is this a good starter home?+
At $599,900, this is priced in starter-home territory for Hamilton. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
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