99 m
Distance
LIVE IN IT. HOUSE HACK IT. CASH FLOW IT. BUILD WEALTH WITH IT. This is the kind of property that rarely comes along - A beautiful, flexible home with incredible income potential just steps to Mohawk College, making it highly desirable for student rentals, multi-generational living, or savvy investors looking for strong returns. Whether you're an investor seeking cash flow, a buyer wanting mortgage-helping income, or a family planning for future appreciation, this property offers multiple strategies under one roof. The home features a finished basement with a separate kitchen and bathroom, plus two generously sized bedrooms with legal windows, ideal for rental income, extended family, or a house-hack setup. The main level offers two spacious bedrooms, with two additional bedrooms upstairs, providing flexibility for room rentals, larger families, or maximizing income potential. Income potential that gets attention. With proximity to Mohawk College and strong rental demand in the area, Individual rooms rent for approximately $950/month each in today's marker. The 2-bedroom basement offers rental potential of approximately $1, 950/month. Depending on configuration and buyer strategy, the property may offer gross rental income potential approaching $8, 000/month. At this level of income, investors may see the potential for an estimated cap rate exceeding 9%, depending on expenses, financing & rental strategy. And the opportunity doesn't stop there. The large backyard offers future ADU (Accessory Dwelling Unit) potential, subject to municipal approvals, opening the door to additional monthly income potential and even stronger long-term returns. Why buy a property that only appreciates when you can own one that has the potential to appreciate and produce meaningful income? Whether you choose to live in a part of it, rent rooms, create a student rental model, or expand future income opportunities, this is the property. (id:58753)
Take Upper James Street North Exit, Head North on Upper James Turn Left onto Fennell Avenue West Turn Right Onto West 1st Street, 15 West 1st Street will be on your right.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Hamilton, ON area.
31/100
Car-Dependent
Walk Score ®
31/100
Some Transit
Transit Score ®
37/100
Bikable
Bike Score ®
The average walkability score in the surrounding area is Walk Score: 31/100, Transit Score: 31/100, Bike Score: 37/100.
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3 bds • 2 ba • 1,000 sqft
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Source: Realty.com
15 WEST 1ST Street, Hamilton, ON L9C3B5 in 153 - Southam/Donnington, Hamilton, ON L9C3B5 is a single family residence listed at $650,000. Highlights include 6 bedrooms, 2 bathrooms, 1,100 sq. ft., built in 1949, $591 per sq. ft.. Realty.ca has 36 photos, sales history, school insights, and mortgage tools for this li...
Realty.com has 36 photos of 15 WEST 1ST Street.
Our records indicate that 15 WEST 1ST Street was built in 1949.
The full address for this home is 15 WEST 1ST Street, Hamilton, ON L9C3B5.
15 WEST 1ST Street has been listed on Realty.com since Fri June 12, 2026
The average walkability score in the surrounding area is Walk Score: 31/100, Transit Score: 31/100, Bike Score: 37/100.
This content last refreshed on 2026-09-29 15:59:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.