
$629,000
Est. Payment
$2,402/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Detached•MLS #X12230499•New
Price comparison with similar homes in Hamilton
Compared to 23 similar homes
-38.8% Lower↓
Market Avg. of (23 similar homes)
$1,027,312
Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison
Room Details
Room | Features | Level |
---|---|---|
Bedroom 3.04 × 3.66 m | Main | |
Bedroom 3.04 × 3.66 m | Main | |
Bedroom 3.04 × 3.66 m | Main | |
Bedroom 2.74 × 3.56 m | Main | |
Kitchen 4.74 × 3.66 m | Main | |
Bedroom 3.66 × 5.03 m | Basement |
Client Remarks
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.
About This Property
241 West 5th Street, Hamilton, L9C 3N8
Home Overview
Basic Information

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241 West 5th Street, Hamilton, L9C 3N8
Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Residential ResaleProperty ManagementPre Construction
Mortgage Information
Estimated Payment
$0 Principal and Interest
Walk Score for 241 West 5th Street

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