For sale

$599,900

Est. $2,673/mo —

•

2 ba

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View

sq ft

241 West 5th St W, Hamilton, ON L9C 3N8

About this home

Look no further for your next investment property. Literally across the street from MohawkCollege, 241 West 5th offers 7 Bedrooms, 2 Kitchens, a Large Communal Dining area and 2 Bathrooms. Both kitchens and both bathrooms have been renovated in 2026, and are spectacular. Other amazing features on this property include a Large detached garage, a large driveway with plenty of parking, new concrete back porch and front stairs, and so much more. This property is cash flowing, and ready and waiting for you! All you have to do is sit back and enjoy. Lookingto let your money work for you? Look no further and start making a return on your investment. All RSA. Currently run by a Property Manager who will continue to manage it moving forward if desired.

Single-familyProperty Type

5,202 sq ftLot Size

5 spacesParking

Listing updated: Sep 21, 2026 at 10:03am

Redfin checked: a few seconds ago

•Source:TREB #X13797634

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Around this home

Schools

0.6km

Buchanan Park School

Public, JK-6 • Assigned

Provided by Local Logic

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior

Kitchen

Bathroom

Living

Interior features
Full walk-out basement

Heating & cooling
Natural gas forced air heating
Central air conditioning

Sale and tax history for 241 West 5th St W

Sale History
Tax History

Date

Event

Price

TREB #X13797634

Sep 16, 2026

Listed

$599,900

TREB #X12230499

Sep 19, 2025

Delisted

—

Jun 18, 2025

Listed

$629,000

+14

Excellent turnkey STUDENT RENTAL CASH FLOWING 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.

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Public record

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Single Family Residential

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Last updated by owner on Aug 9, 2023.

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