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For saleMLS® X13671982

16 Ainslie Avenue, Hamilton, ON L8S 2J3

Ainslie Wood · L8S 2J3

$689,400

$985 / sq ft

2 months on market

Bedrooms
3+3
Bathrooms
2
Interior
700 sf
Parking
3
Lot
40.08 × 119.78 ft

What's special

  • 3 parking spaces
  • Central air
  • Separate entrance
  • In-law capability
  • Primary bedroom - main floor

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About this property

Approx !!!!! $4,300/month in Rental INCOME !!!! <<<< LEGAL BASEMENT WITH SEPARATE ENTRANCE>>>>> 3+3 = 6 BEDROOMS $$$$$ . ****Walking distance from McMaster University **** Featuring 3 spacious bedrooms on the main floor and 3 additional bedrooms in the basement. This versatile property is perfectly suited for student rentals, multi-generational living, or investors looking to maximize returns. The separate entrance creates excellent income-producing possibilities, while the bright main level boasts large windows, generous living space, and a recently upgraded modern kitchen with brand-new appliances, pot lights, new basement flooring, and a new electrical sub-panel, making this a TURNKEY investment. Simply move in or start generating income immediately. #### Easy access to public transit, shopping, restaurants, parks, schools, and all major amenities <<<<<Strong rental demand driven by McMaster University >>>>>> nearby hospitals, and employment hubs. Whether you're an investor seeking positive cash flow, a parent looking to house students while generating income, or a homeowner wanting a mortgage helper, this property delivers outstanding value in one of Hamilton's most desirable and consistently high-demand neighbourhoods. Huge lot size (40* 120 ) Feet. Shows 10+++++

Rooms

12 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Living RoomMain5.51 × 3.53 m18.1 × 11.6 ftLaminate · Pot Lights · Window
KitchenMain3.48 × 2.79 m11.4 × 9.2 ftStainless Steel Appl · Quartz Counter
BathroomMain3.05 × 1.68 m10.0 × 5.5 ft4 Pc Bath
Primary BedroomMain5.59 × 3.23 m18.3 × 10.6 ftLaminate · Window
Bedroom 2Main3.51 × 3.56 m11.5 × 11.7 ftLaminate · Window
Bedroom 3Main3.51 × 2.94 m11.5 × 9.6 ftLaminate · Window
KitchenBasement3.63 × 2.82 m11.9 × 9.3 ft—
Dining RoomBasement3.35 × 2.06 m11.0 × 6.8 ft—
Bedroom 4Basement3.84 × 5.38 m12.6 × 17.7 ft—
Bedroom 5Basement3.15 × 3.23 m10.3 × 10.6 ft—
BedroomBasement3.23 × 2.72 m10.6 × 8.9 ft—
LaundryBasement3.71 × 2.92 m12.2 × 9.6 ft—

Features

  • In-Law Capability
  • Primary Bedroom - Main Floor

Property details

Property

Property type
detached
Bedrooms
3 + 3
Bathrooms
2
Interior size
700 sq ft
Lot size
40.08 × 119.78 ft
Possession
TBD

Interior

Basement
Finished, Separate Entrance
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
North

Exterior & services

Construction
Brick
Parking spaces
3
Sewer
Sewer

Costs

List price
$689,400
Property taxes
$5,227 / year (2025)
Price per sq ft
$985
Rental items
Hot Water Tank

Listing

MLS® number
X13671982
Status
For sale
Listed
August 13, 2026
Days on market
84
Last updated
September 2, 2026
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 30% of comparable detached listings in Ainslie Wood are asking less.

$612KMedian $729K$897K
This home
$985 / sq ft
Comparable median
$814 / sq ft

Based on 27 comparable active detached listings in Ainslie Wood. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.4% · minimum $43,940
$43,940
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,568.86
Property tax (est.)
$435.58
Estimated monthly
$4,004

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$10,263
Total due on closing
$10,263

An estimate on the asking price of $689,400. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$689,400

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