Carolyn Rouse

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241 WEST 5TH Street, Hamilton, Ontario

$629,000

6 Beds
2 Baths
900 Square Feet

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 Hamilton’s most sought-after rental locations. (id:23309)

Listing ID: 40742659
Property Type: Single Family

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Rooms

Level	Type	Dimensions
4pc Bathroom	Basement	Measurements not available
Bedroom	Basement	12'0'' x 18'0''
Bedroom	Basement	12'0'' x 18'0''
Kitchen	Basement	12'0'' x 8'0''
4pc Bathroom	Main level	Measurements not available
Living room	Main level	16'0'' x 12'0''
Kitchen	Main level	15'0'' x 12'0''
Bedroom	Main level	8'9'' x 11'0''
Bedroom	Main level	9'10'' x 12'0''
Bedroom	Main level	9'10'' x 12'0''
Bedroom	Main level	9'10'' x 12'0''

Details

Architectural Style: Bungalow
Amenities Nearby: Hospital, Public Transit, Schools
Ownership: Freehold
Parking Spaces: 4
Transaction: For sale
Zoning Description: C

Building

Appliances: Dryer, Refrigerator, Stove, Washer
Architectural Style: Bungalow
BasementType: Full (Finished)
Basement Development: Finished
Bedrooms Main Level: 4
Bedrooms Lower Level: 2
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Vinyl siding
Fireplace Present: False
Foundation: Block
Bathrooms (Total): 2
Heating: Forced air
Size Interior: 900 sqft
Stories Total: 1
Type: House
Utility Water: Municipal water

Land

Access Type: Road access, Highway Nearby
Amenities: Hospital, Public Transit, Schools
Sewer: Municipal sewage system
Size Frontage: 50 ft

Listing provided by Royal LePage Burloak Real Estate Services
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 241 WEST 5TH Street in Hamilton Ontario. It was last modified on June 18th, 2025. Contact Carolyn Rouse to schedule a viewing or to discover other Hamilton real estate for sale.

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