102 Dalewood Avenue, Hamilton

Price: $795,000

7 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13478796

Excellent opportunity in Hamilton's premier McMaster University rental district, just a short 5-minute walk to campus. This spacious 7-bedroom + Den, 3-bathroom home offers an ideal layout for student housing or multi-generational living. Recent renovations feature updated finishes throughout with no carpet for easy maintenance, on-site laundry, 4 parking spaces, a recently completed driveway with new Garage door, generous-sized bedrooms, and strong income-generating potential. Conveniently located within walking distance to McMaster University, McMaster Hospital, public transit, shopping, restaurants, and all essential amenities. Situated in the highly desirable Ainslie Wood neighbourhood with consistently strong rental demand, this property is ideal for investors, parents purchasing for university-bound students, or buyers seeking a turnkey income-producing asset.

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$795,000 - 102 Dalewood Avenue, Hamilton

Detached for Sale in Hamilton

Popular Listing

Neighbourhood: Ainslie Wood

7Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13478796
Property Type
Detached
Status
active
Days on Site
14
Bedrooms
7
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
CENTURY 21 GREEN REALTY INC.
Description

Excellent opportunity in Hamilton's premier McMaster University rental district, just a short 5-minute walk to campus. This spacious 7-bedroom + Den, 3-bathroom home offers an ideal layout for student housing or multi-generational living. Recent renovations feature updated finishes throughout with no carpet for easy maintenance, on-site laundry, 4 parking spaces, a recently completed driveway with new Garage door, generous-sized bedrooms, and strong income-generating potential. Conveniently located within walking distance to McMaster University, McMaster Hospital, public transit, shopping, restaurants, and all essential amenities. Situated in the highly desirable Ainslie Wood neighbourhood with consistently strong rental demand, this property is ideal for investors, parents purchasing for university-bound students, or buyers seeking a turnkey income-producing asset.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,078.76/mo

Includes CMHC insurance ($22,181)

$
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5%10%50%

5-yr fixed avg.

Principal: $715,500Interest: $485,948
Mortgage Amount$737,681
Total Interest$485,948
Est. Property Tax$563/mo
Total Cost$1,223,629

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Ainslie Wood

Discover Ainslie Wood

Ainslie Wood is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Ainslie Wood

  • Convenient location in Hamilton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Ainslie Wood offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

102 Dalewood Avenue, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,400/mo
Range: $3,740 - $5,060
Cap Rate (ROI)
5.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,400
Maintenance Fees-$0
Property Tax (est.)-$563
Insurance (est.)-$166
Net Cash Flow+$3,671

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $723/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Detached Home Advantages

Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Ainslie Wood

I know Ainslie Wood well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,313 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    102 Dalewood Avenue, Hamilton | $795,000 | Battaglia Team