$720,000
16 Kingsmount Street, Hamilton, ON L8S 3B3
Ainslie Wood
Listing courtesy of CENTURY 21 PARAMOUNT REALTY INC.
Ainslie Wood · L8S 3A7
$750,000
$1,071 / sq ft1 weeks on market
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.
9 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 3.20 × 6.09 m10.5 × 20.0 ft | Laminate · Combined w/Dining · Window |
| Kitchen | Main | 3.39 × 2.80 m11.1 × 9.2 ft | Ceramic Floor · Window |
| Bedroom | Main | 4.49 × 2.30 m14.7 × 7.5 ft | Laminate · Window · W/O To Yard |
| Bedroom | Main | 3.20 × 3.20 m10.5 × 10.5 ft | Laminate · Window · Closet |
| Bedroom | Main | 3.39 × 3.20 m11.1 × 10.5 ft | Laminate · Window · Closet |
| Kitchen | Basement | 2.49 × 2.30 m8.2 × 7.5 ft | Vinyl Floor · Combined w/Laundry |
| Bedroom | Basement | 2.99 × 3.68 m9.8 × 12.1 ft | Vinyl Floor · Window |
| Bedroom | Basement | 2.99 × 4.10 m9.8 × 13.5 ft | Vinyl Floor · Window |
| Bedroom | Basement | 3.39 × 2.80 m11.1 × 9.2 ft | Vinyl Floor · Window |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 67% of comparable detached listings in Ainslie Wood are asking less.
Based on 27 comparable active detached listings in Ainslie Wood. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $750,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of FOREST HILL REAL ESTATE 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.
What similar homes in this area actually sold for.
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$720,000
Ainslie Wood
Listing courtesy of CENTURY 21 PARAMOUNT REALTY INC.
$724,900
Ainslie Wood
Listing courtesy of KELLER WILLIAMS EDGE REALTY
$899,000
Ainslie Wood
Listing courtesy of ILISTREALESTATE INC.
$729,000
Ainslie Wood
Listing courtesy of ROYAL LEPAGE CERTIFIED REALTY
$675,000
Ainslie Wood
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY
$895,000
Ainslie Wood
Listing courtesy of EXP REALTY