Location! Location! Location! Exceptional investment opportunity with strong cash flow potential. This sun-filled detached home sits on a prime corner lot and is within walking distance to Mohawk College, St. Joseph's Hospital, McMaster University, Walmart, and nearby shopping centres. The property features two kitchens, 2+2+3 bedrooms, 3 bathrooms, and a finished basement with separate entrance, making it ideal for multi-unit or student rental use. Enjoy the convenience of two sets of laundry. Recent updates include new exterior painting, partial new fencing, and partial new flooring (2022). 6 bedrooms were leased for $4,000/month, with total potential rental income of up to $5,500/month. Garden suite potential might offer an excellent opportunity for additional rental income. A rare opportunity in a high-demand rental location-perfect for investors or savvy buyers.
Address
15 West 1st Street
List Price
$698,000
MLS® Status
New
Expiration Date
2026-10-30
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
1 1/2 Storey
Transaction Type
Sale
Area
Hamilton
Sub-Area
Bonnington
Bedrooms
4 + 3
Bedrooms (Total)
7
Rooms Above Grade
5
Rooms Below Grade
3
Bathrooms
3
Floor Area
700-1100 Sq. Ft.
Lot Depth
105.75
Lot Size Units
Feet
Lot Width
55
Parcel Number
170250282
Occupant Type
Owner+Tenant
Cross Street
Fennell Ave W/Upper James St
MLS® Number
X12647186
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Basement Area
Separate Entrance
Postal Code
L9C 3B5
Posession Details
Flexible
Parking
Private
Parking Places (Total)
3
Parking Spaces
3
Tax Amount
$3,679.00
Tax Year
2025
Interior Features
None
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Aluminum Siding, Vinyl Siding
Direction Faces
East
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
1
Kitchens Below Grade
1
Pool Features
None
Roof
Shingles
Tax Legal Description
LT 71, PL540, Hamilton
Waterfront
No
Sewer
Sewer
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