16 Ainslie Avenue, Hamilton, ON L8S 2J3
Ainslie Wood, Hamilton · Near Emerson St & Main St W · View map
About this home
Approx !!!!! $4,300/month in Rental INCOME !!!! <<<< LEGAL BASEMENT WITH SEPARATE ENTRANCE>>>>> 3+3 = 6 BEDROOMS $$$$$ . ****Walking distance from McMaster University **** Featuring 3 spacious bedrooms on the main floor and 3 additional bedrooms in the basement. This versatile property is perfectly suited for student rentals, multi-generational living, or investors looking to maximize returns. The separate entrance creates excellent income-producing possibilities, while the bright main level boasts large windows, generous living space, and a recently upgraded modern kitchen with brand-new appliances, pot lights, new basement flooring, and a new electrical sub-panel, making this a TURNKEY investment. Simply move in or start generating income immediately. #### Easy access to public transit, shopping, restaurants, parks, schools, and all major amenities <<<<<Strong rental demand driven by McMaster University >>>>>> nearby hospitals, and employment hubs. Whether you're an investor seeking positive cash flow, a parent looking to house students while generating income, or a homeowner wanting a mortgage helper, this property delivers outstanding value in one of Hamilton's most desirable and consistently high-demand neighbourhoods. Huge lot size (40* 120 ) Feet. Shows 10+++++
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 700-1100 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 5
- Basement
- Finished, Separate Entrance
- Lot size
- 40.1 x 119.8 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
- Parking features
- Private
Taxes & other
- Property taxes
- $5,227/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Emerson St & Main St W
- Neighbourhood
- Ainslie Wood
More
- Price per sq ft
- ~$766 (at 900 sq ft)
- Listed
- Aug 13, 2026 · 60 days ago
- MLS® number
- X13671982
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The home and its surroundings
- In-Law Capability
- Primary Bedroom - Main Floor
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
16 Ainslie Avenue, Hamilton, ON L8S 2J3
Ainslie Wood, Hamilton · Near Emerson St & Main St W
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Listing history for 16 Ainslie Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 16 Ainslie Avenue
Answers come straight from this home’s MLS® listing.
How much is 16 Ainslie Avenue listed for, and what would it cost each month?
16 Ainslie Avenue is listed for $689,400. With 20% down ($137,880), the mortgage payment would be roughly $2,781 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,216 a month, all in. That figure is an illustration, not a quote.
Is 16 Ainslie Avenue freehold or a condo, and is there a monthly fee?
16 Ainslie Avenue is a bungalow in Ainslie Wood, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 16 Ainslie Avenue have?
16 Ainslie Avenue has 3 bedrooms, plus 3 more bedrooms in the basement, and 2 bathrooms.
Does 16 Ainslie Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does 16 Ainslie Avenue have a finished basement?
The listing describes the basement as finished, separate entrance. It counts 3 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 16 Ainslie Avenue?
16 Ainslie Avenue is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
How big is 16 Ainslie Avenue, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 40.1 x 119.8 ft.
How is 16 Ainslie Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 16 Ainslie Avenue?
Property taxes are $5,227 a year (2025), or about $436 a month.
Where is 16 Ainslie Avenue?
16 Ainslie Avenue is in the Ainslie Wood community of Hamilton. The nearest main intersection is Emerson St & Main St W. The postal code is L8S 2J3.
How long has 16 Ainslie Avenue been on the market?
16 Ainslie Avenue was listed on August 13, 2026. It has been on the market for 60 days. It is an active listing (MLS® X13671982). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 16 Ainslie Avenue asking?
Similar bungalow-style homes for sale nearby right now include 29 Thorndale Street S at $760,000 (3+3 bed), 27 Hollywood Street S at $895,000 (3+2 bed) and 63 Ofield Road at $649,900 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 16 Ainslie Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 16 Ainslie Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near Ainslie Wood, picked by style, size and price.
Bungalow$760,00029 Thorndale Street S, Hamilton3+3 bed · 2 bath · Ainslie WoodCourtesy of: FOREST HILL REAL ESTATE INC.View home →
Bungalow$895,00027 Hollywood Street S, Hamilton3+2 bed · 2 bath · Ainslie WoodCourtesy of: EXP REALTYView home →
Bungalow$649,90063 Ofield Road, Hamilton4 bed · 2 bath · Ainslie WoodCourtesy of: MICHAEL ST.JEAN REALTY INC.View home →Courtesy of: RE/MAX REAL ESTATE CENTRE INC.
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.