55 West 5th Street

Southam/Donnington, Hamilton, ON L9C 3N7

For Sale · MLS® 40832762 · Cornerstone (ITSO) MLS®
3+4
Beds
2
Baths
890
Sqft
Single Family Residence
Type

Description

Investment Alert!!! Fully Licensed, fully tenanted, 7 bedroom/2 kitchen/2 bath Student Rental! This all brick bungalow is just steps from Mohawk College and St. Joe's Healthcare (West 5th Campus). Offering 7 bedrooms, 2 kitchens, and 2 full bathrooms, this home provides endless opportunities for homeowners, investors, and multi-generational families alike. The main level features 3 bedrooms, a large/bright living room, updated kitchen and bathroom. The fully finished lower level is conveniently accessible through the separate rear entrance, and features 4 additional bedrooms, a 2nd full kitchen, laundry and second full bathroom. Great private lot with 2 driveway parking spaces. Located just a 5-minute walk to Mohawk College, St. Joseph's West 5th campus, parks, schools, shopping, public transit, and more, this home offers multiple options as either a multi-generational home, single family home, or as the perfect turn-key investment property offering immediate income and positive cashflow.

01 / Property recordListing details

Key Facts

MLS® #
40832762
Board
Cornerstone (ITSO) MLS®
Days on market
Tax
$4,585
Size
890 sqft
Lot
46.00 × 95 Square Feet
Parking
2 Parking

Listing History

Buy/Sell history for 55 West 5th Street, Hamilton, ON

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
N/AN/A$599,900N/AFor Sale40832762

Estimated Market Value

Estimated value requires sign in

AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

Property Details

Property

Property Type
Single Family Residence
Style
Bungalow
Community
Southam/Donnington
Municipality
Hamilton

Inside

Bedrooms
3+4
Bathrooms
2
Basement Type
Full, Finished
Kitchens
2

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air, Natural Gas

Building

Size
890 sqft
Construction
Brick

Parking

Driveway
Front Yard Parking
Add. Parking
2
Total Parking
2

Land

Sewer
Sewer (Municipal)
Lot Size
46.00 × 95 Square Feet
Lot Size Code
Square Feet

Additional

Year built
1947
Foundation
Block
Roof
Asphalt Shing
Extras
Water Heater, Dryer, Microwave, Refrigerator, Stove, Washer

Rooms (12)

Bedroom (9 × 11.1)

Level: Main

Bathroom

3-Piece

Level: Basement

Bedroom (9 × 15)

Level: Basement

Bedroom (2.57 × 2.79)

Level: Basement

Bedroom (10.07 × 11.01)

Level: Main

Bedroom (3.38 × 2.51)

Level: Basement

Kitchen (2.79 × 4.29)

Level: Basement

Bedroom (10.03 × 13)

Level: Main

Bathroom

4-Piece

Level: Main

Living Room (11.09 × 14.07)

Level: Main

Kitchen (8.04 × 10.09)

Level: Main

Bedroom (9 × 10)

Level: Basement

Location

Comparable Sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$2,750

  • Down payment$119,980
  • Mortgage amount$479,920
  • Total interest$345,080
  • Total cost$944,980

Cash flow analysis

$2,750

Total monthly payment

$3,132

Break-even down payment

100%

Cash flow-$3,132
03 / Community profileNeighbourhood demographics

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04 / Local performanceMarket details

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$599,900

$599,900

CAD

Estimated market value

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3 Bed 2 Bath Sale | 55 West 5th Street | $599,900