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About This Property

Attention investors! Welcome to 61 Glenmount Avenue, an incredible opportunity in the heart of Hamilton. This spacious 2+2 bedroom, 2-bathroom home is perfectly suited for student housing or as an income-generating investment. Offering a functional layout with generous living space, the finished lower level features two additional bedrooms and a second bathroom, providing excellent flexibility to maximize rental income. An added bonus is the coin-operated laundry, creating an additional revenue stream for investors. Ideally located close to schools, universities, public transit, shopping, restaurants, parks, and major highway access, this property is in a prime location that tenants will love. Whether you're looking to expand your investment portfolio or secure a property with exceptional cash-flow potential, this is an opportunity you won't want to miss! (id:63604)

Key Facts

Type

Detached

Beds

Baths

Size

1,100 sqft

Lot

40 x 100 FT

Parking

2 total

Property Details 17 details

Bedrooms

4 bedrooms

2 above grade + 2 below grade

Bathrooms

2 bathrooms

Parking

2 parking spaces

No Garage

Living area

1,100 - 1,500 sq. ft.

Property

Single Family · Bungalow · Freehold · Detached

Property subtype

Single Family

Structure type

House

Architectural style

Bungalow

Ownership

Freehold

Attached status

Detached

Storeys

Basement

Finished

Heating

Forced air, Natural gas

Cooling

Central air conditioning

Fireplace

Lot dimensions

40 x 100 FT

Frontage

40 feet

Taxes

$5,494.49

Zoning

C/S-1335

Water source

Municipal water

Sewer

Sanitary sewer

Exterior features

SteelAluminum sidingPoured Concrete

Rooms 9 rooms

Level

Room

Dimensions

Main level

Kitchen

3.56 m x 2.51 m

Main level

Living room

4.85 m x 4.17 m

Main level

Primary Bedroom

3.61 m x 3.1 m

Main level

Bedroom

2.57 m x 3.48 m

Main level

Bathroom

Not specified

Basement

Bedroom

2.57 m x 3.84 m

Basement

Bedroom

3.71 m x 3.94 m

Basement

Bathroom

Not specified

Basement

Other

9.68 m x 2.67 m

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Mortgage & Affordability Estimate monthly costs

Down payment (%) Interest rate (annual %) Amortization (years) Property taxes (% of price) Condo/HOA fee (monthly)

Insurance/Other (monthly) Utilities (monthly)

Mortgage Tools Buyer/Seller Snapshot

Purchase price$699,900

Down paymentNot available

Mortgage amountNot available

Principal & interestNot available

Property taxesNot available

Condo/HOA feeNot available

Insurance/OtherNot available

UtilitiesNot available

Est. monthly totalNot available

Income needed (GDS 32%)Not available

Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Map is approximate.

Neighbourhood

Area: Ainslie Wood
City: Hamilton
Postal code: L8S 2L3
Nearby: Cross Streets: HOLLYWOOD. ** Directions: Head west on Main St. W., turn left onto Hollywood St. S., then turn left onto Glenmount Ave and the property will be on your right.