241 West 5th Street Hamilton, Ontario L9C 3N8
$629,000
Excellent turnkey investment opportunity in Hamilton's desirable West Mountain. This detached bungalow sits on a wide 50-foot lot and is currently operated as a fully managed rental, just a one-minute walk to Mohawk College and the hospital. The property features a finished basement with a separate entrance, two private entrances (front and rear), and a detached garage with ample parking. Zoned for a fourplex, the property offers significant potential for future expansion or redevelopment, adding long-term value to an already strong income-producing asset. It is professionally managed by a property management company, providing hands-off ownership. The property is currently cash-flow positive, making it ideal for investors seeking stable, passive income from day one. Located near the LINC, major shopping centers, schools, public transit, and recreational facilities, this home benefits from steady rental demand and future growth potential. A rare opportunity to secure a low-maintenance, high-yield property in one of Hamiltons most sought-after rental locations. (id:60365)
Property Details
| MLS® Number | X12230499 |
| Property Type | Single Family |
| Community Name | Bonnington |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 6 |
| Appliances | Dryer, Microwave, Stove, Washer, Refrigerator |
| ArchitecturalStyle | Bungalow |
| BasementDevelopment | Finished |
| BasementFeatures | Separate Entrance |
| BasementType | N/a (finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 700 - 1100 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 103 Ft ,3 In |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 X 103.3 Ft |
| SizeTotalText | 50 X 103.3 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom | 3.66 m | 5.03 m | 3.66 m x 5.03 m |
| Basement | Bedroom | 3.66 m | 5.03 m | 3.66 m x 5.03 m |
| Basement | Kitchen | 2.6 m | 3.2 m | 2.6 m x 3.2 m |
| Main Level | Bedroom | 3.04 m | 3.66 m | 3.04 m x 3.66 m |
| Main Level | Bedroom | 3.04 m | 3.66 m | 3.04 m x 3.66 m |
| Main Level | Bedroom | 3.04 m | 3.66 m | 3.04 m x 3.66 m |
| Main Level | Bedroom | 2.74 m | 3.56 m | 2.74 m x 3.56 m |
| Main Level | Kitchen | 4.74 m | 3.66 m | 4.74 m x 3.66 m |
| Main Level | Living Room | 4.88 m | 3.66 m | 4.88 m x 3.66 m |
https://www.realtor.ca/real-estate/28489006/241-west-5th-street-hamilton-bonnington-bonnington
Brooke Hicks
Broker
2025 Maria St #4a
Burlington, Ontario L7R 0G6
Cortez Ranieri
Salesperson
2025 Maria St #4a
Burlington, Ontario L7R 0G6
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 18 2025 08:56:49
Toronto Real Estate Board
Royal LePage Burloak Real Estate Services
© 2025 Proptech Realty Inc., Brokerage.