241 West 5th St
Bonnington, Hamilton
$629,000
Buy with Dwelly and Save $6,290
Home Details
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Listing Description
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.
Fridge x2, Stove x2, Washer, Dryer, Microwave x2, All ELF's
City: Hamilton
Neighborhood: Bonnington
Property History
Rooms
Room dimensions for 241 West 5th St, Hamilton
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 241 West 5th St is 3401
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $629000 |
| Down Payment | $125800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $503200 |
Monthly Payment
| Mortgage Payment | $3101 |
| Property Taxes | $300 |
| Maintenance Fees | $0 |
| Monthly Payment | $3401 |
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About 241 West 5th St, Hamilton
Located at 241 West 5th St , this Hamilton house is available for sale. This property was listed for $629,000 on Wed Jun 18 2025. This house's size is 700-1100 Sqft. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: Br, Br, Br, Br, Kitchen, Living, Br, Br, Kitchen. This property comes with 4 parking spots. 241 West 5th St, Hamilton is situated in the Bonnington neighbourhood.
MLS#: X12230499 · $629,000 · 4 bedroom house in Bonnington, Hamilton