Living (3.43 × 4.57)
Level: Main
15 West 1st St
Bonnington, Hamilton, Ontario L9C 3B5
Description
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13438634
- Board
- TRREB MLS®
- Days on market
- Tax
- $3,679
- Size
- 700-1100 sqft
- Lot
- 321.5 × 32.3 Feet
- Parking
- None, 3 Parking
Listing History
Buy/Sell history for 15 West 1st St, Hamilton, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $549,900 | N/A | Pc | X13438634 |
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
- Detached
- Style
- 1 1/2 Storey
- Community
- Bonnington
- Municipality
- Hamilton
Inside
- Bedrooms
- 6
- Bathrooms
- 2
- Bathroom Detail
- 1, 3pc, 2nd
- Bathroom Detail
- 1, 3pc, Bsmt
- Basement Type
- Finished
- Kitchens
- 2
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Building
- Size
- 700-1100 sqft
- Construction
- Alum Siding
Parking
- Driveway
- Private
- Garage Type
- None
- Add. Parking
- 3
- Total Parking
- 3
Land
- Sewer
- Sewers
- Lot Size
- 321.5 × 32.3 Feet
- Lot Size Code
- Feet
Additional
- Year built
- 51-99
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
- Extras
- Stove x2, Fridge x2, Washer & Dryer
Rooms (11)
Primary (3.17 × 3.48)
Level: Main
Kitchen (2.51 × 3.43)
Level: Main
Bathroom (0.0 × 1.91)
3 Pc Bath
Level: Main
Br (3.0 × 3.4)
Level: 2nd
Br (3.15 × 3.45)
Level: 2nd
Br (3.15 × 3.45)
Level: 2nd
Br (2.49 × 3.0)
Level: Bsmt
Br (3.07 × 4.44)
Level: Bsmt
Kitchen (2.01 × 3.4)
Level: Bsmt
Bathroom (2.01 × 3.4)
3 Pc Bath
Level: Bsmt
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
15 records read 9 on record nearby 6 checked, none on recordRead 2026-11-04
Water and conservation
- No mapped wetland within 120 m
- 2 water-supply wells recorded within 250 mAll were drilled for domestic use; 6 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 6.1 m.
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (15 records). It changes with the season and from spot to spot.
- Bedrock about 10.1 m down nearbyThe middle depth to bedrock in the well records within 500 m.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 6.7 km
Province of Ontario open data
Around the home
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 80 m away. Routes and stops change; check the agency’s schedule.
- A trail on the Ontario trail network within 1 km
Municipal transit open data · Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Longwood Energy Corporation — MIP BEAM Energy Centre, 2.8 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Alectra Utilities Corporation
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, NFTC, Rogers. Cable: Cogeco Connexion, Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence
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 numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$2,521
- Down payment$109,980
- Mortgage amount$439,920
- Total interest$316,380
- Total cost$866,280
Cash flow analysis
$2,521
Total monthly payment
$2,828
Break-even down payment
100%
Cash flow-$2,828
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$549,900
$549,900
CAD
Estimated market value
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