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255 WEST 5TH STREET, Hamilton (Southam) — listed at $499,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Beautifully renovated bungalow in a prime Mountain location directly "Across from Mohawk College"! This turnkey home features modern finishes throughout, no carpet, and a fully finished basement with a separate entrance, second kitchen, two bedrooms, and its own living space-ideal for extended family or potential rental income. Perfect for investors looking to capitalize on strong rental demand from students, healthcare professionals, and nearby hospital staff, or for families seeking a mortgage helper. Conveniently located close to shopping, transit, schools, parks, and major amenities. A rare opportunity offering both comfortable living and excellent income potential. A/C and Furnace 2 yrs new. Roof around 4 yrs new. Hot Water Tank owned. No rental equipment. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.88 x 3.35 meters |
| Kitchen | Main level | 3.66 x 3.2 meters |
| Primary Bedroom | Main level | 3.81 x 3.35 meters |
| Bedroom 2 | Main level | 3.05 x 2.74 meters |
| Bedroom 3 | Main level | 3.05 x 3.04 meters |
| Living room | Basement | 3.2 x 3.04 meters |
| Kitchen | Basement | 3.35 x 3.04 meters |
| Primary Bedroom | Basement | 3.66 x 3.35 meters |
| Bedroom 2 | Basement | 3.35 x 2.74 meters |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,000, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 2 spaces — Detached Garage, Garage.
Does it have a basement, and is it finished?+
Yes — Finished, Apartment in basement, Walk out, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Is 255 WEST 5TH STREET a good fit for a growing family?+
With 5 bedrooms and 3 bathrooms, 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.
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