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29 THORNDALE STREET S, Hamilton (Ainslie Wood) — listed at $750,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Discover an exceptional investment opportunity ideally located within walking distance to McMaster University. This recently renovated property is perfectly suited for student housing, offering strong rental potential and consistent demand. It is also an excellent option for families, with the opportunity to generate additional rental income from the fully independent basement. With a total of 6 bedrooms, this property allows for maximum rental income by leasing each room individually. (Rental Income in this case can reach to approximately $4400/month). A spacious backyard adds to the appeal, offering plenty of room for outdoor enjoyment. Whether you are an investor looking to expand your portfolio or seeking a versatile home near a major university, this opportunity delivers both convenience and profitability. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 3.2 x 3.2 meters |
| Kitchen | Basement | 2.49 x 2.3 meters |
| Bedroom | Main level | 4.49 x 2.3 meters |
| Bedroom | Main level | 3.39 x 3.2 meters |
| Living room | Main level | 3.2 x 6.09 meters |
| Bedroom | Basement | 3.39 x 2.8 meters |
| Kitchen | Main level | 3.39 x 2.8 meters |
| Bedroom | Basement | 2.99 x 4.1 meters |
| Bedroom | Basement | 2.99 x 3.68 meters |
Does it have a basement, and is it finished?+
Yes — Finished, Separate entrance, 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.
What's the parking situation?+
This property includes 4 spaces — No Garage.
Is 29 THORNDALE STREET S a good fit for a growing family?+
With 6 bedrooms and 2 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.
Could this work as an investment property?+
The basement description mentions: Finished, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Hamilton (Ainslie Wood) before counting on it.
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