$429,900
7 West 3rd Street, Hamilton, ON L9C 3J5


Hamilton, ON L9C 3B5
6 Bed · 2 Bath · Detached
MLS #X13438634
Listed Price
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.
Bedrooms
6
Bathrooms
2
Square Feet
700-1100 sqft
Property Type
Detached
| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Living Room(Main) | 4.57 x 3.43 | 15.0 x 11.3 | - |
| Living Room(Main) | 4.57 x 3.43 | 15.0 x 11.3 | - |
| Living Room(Main) | 4.57 x 3.43 | 15.0 x 11.3 | - |
| Living Room(Main) | 4.57 x 3.43 | 15.0 x 11.3 | - |
| Living Room(Main) | 4.57 x 3.43 | 15.0 x 11.3 | - |
| Living Room(Main) | 4.57 x 3.43 | 15.0 x 11.3 | - |
| Living Room(Main) | 4.57 x 3.43 | 15.0 x 11.3 | - |
| Living Room(Main) | 4.57 x 3.43 | 15.0 x 11.3 | - |
| Living Room(Main) | 4.57 x 3.43 | 15.0 x 11.3 | - |
| Living Room(Main) | 4.57 x 3.43 | 15.0 x 11.3 | - |
| Living Room(Main) | 4.57 x 3.43 | 15.0 x 11.3 | - |
| Primary Bedroom(Main) | 3.48 x 3.17 | 11.4 x 10.4 | - |
| Primary Bedroom(Main) | 3.48 x 3.17 | 11.4 x 10.4 | - |
| Primary Bedroom(Main) | 3.48 x 3.17 | 11.4 x 10.4 | - |
| Primary Bedroom(Main) | 3.48 x 3.17 | 11.4 x 10.4 | - |
| Primary Bedroom(Main) | 3.48 x 3.17 | 11.4 x 10.4 | - |
| Primary Bedroom(Main) | 3.48 x 3.17 | 11.4 x 10.4 | - |
| Primary Bedroom(Main) | 3.48 x 3.17 | 11.4 x 10.4 | - |
| Primary Bedroom(Main) | 3.48 x 3.17 | 11.4 x 10.4 | - |
| Primary Bedroom(Main) | 3.48 x 3.17 | 11.4 x 10.4 | - |
| Primary Bedroom(Main) | 3.48 x 3.17 | 11.4 x 10.4 | - |
| Primary Bedroom(Main) | 3.48 x 3.17 | 11.4 x 10.4 | - |
| Kitchen(Main) | 3.43 x 2.51 | 11.3 x 8.2 | - |
| Kitchen(Main) | 3.43 x 2.51 | 11.3 x 8.2 | - |
| Kitchen(Main) | 3.43 x 2.51 | 11.3 x 8.2 | - |
| Kitchen(Main) | 3.43 x 2.51 | 11.3 x 8.2 | - |
| Kitchen(Main) | 3.43 x 2.51 | 11.3 x 8.2 | - |
| Kitchen(Main) | 3.43 x 2.51 | 11.3 x 8.2 | - |
| Kitchen(Main) | 3.43 x 2.51 | 11.3 x 8.2 | - |
| Kitchen(Main) | 3.43 x 2.51 | 11.3 x 8.2 | - |
| Kitchen(Main) | 3.43 x 2.51 | 11.3 x 8.2 | - |
| Kitchen(Main) | 3.43 x 2.51 | 11.3 x 8.2 | - |
| Kitchen(Main) | 3.43 x 2.51 | 11.3 x 8.2 | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bedroom(Second) | 3.4 x 3 | 11.2 x 9.8 | - |
| Bedroom(Second) | 3.4 x 3 | 11.2 x 9.8 | - |
| Bedroom(Second) | 3.4 x 3 | 11.2 x 9.8 | - |
| Bedroom(Second) | 3.4 x 3 | 11.2 x 9.8 | - |
| Bedroom(Second) | 3.4 x 3 | 11.2 x 9.8 | - |
| Bedroom(Second) | 3.4 x 3 | 11.2 x 9.8 | - |
| Bedroom(Second) | 3.4 x 3 | 11.2 x 9.8 | - |
| Bedroom(Second) | 3.4 x 3 | 11.2 x 9.8 | - |
| Bedroom(Second) | 3.4 x 3 | 11.2 x 9.8 | - |
| Bedroom(Second) | 3.4 x 3 | 11.2 x 9.8 | - |
| Bedroom(Second) | 3.4 x 3 | 11.2 x 9.8 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Third) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Second) | 3.45 x 3.15 | 11.3 x 10.3 | - |
| Bedroom(Basement) | 3 x 2.49 | 9.8 x 8.2 | - |
| Bedroom(Basement) | 3 x 2.49 | 9.8 x 8.2 | - |
| Bedroom(Basement) | 3 x 2.49 | 9.8 x 8.2 | - |
| Bedroom(Basement) | 3 x 2.49 | 9.8 x 8.2 | - |
| Bedroom(Basement) | 3 x 2.49 | 9.8 x 8.2 | - |
| Bedroom(Basement) | 3 x 2.49 | 9.8 x 8.2 | - |
| Bedroom(Basement) | 3 x 2.49 | 9.8 x 8.2 | - |
| Bedroom(Basement) | 3 x 2.49 | 9.8 x 8.2 | - |
| Bedroom(Basement) | 3 x 2.49 | 9.8 x 8.2 | - |
| Bedroom(Basement) | 3 x 2.49 | 9.8 x 8.2 | - |
| Bedroom(Basement) | 3 x 2.49 | 9.8 x 8.2 | - |
| Bedroom(Basement) | 4.44 x 3.07 | 14.6 x 10.1 | - |
| Bedroom(Basement) | 4.44 x 3.07 | 14.6 x 10.1 | - |
| Bedroom(Basement) | 4.44 x 3.07 | 14.6 x 10.1 | - |
| Bedroom(Basement) | 4.44 x 3.07 | 14.6 x 10.1 | - |
| Bedroom(Basement) | 4.44 x 3.07 | 14.6 x 10.1 | - |
| Bedroom(Basement) | 4.44 x 3.07 | 14.6 x 10.1 | - |
| Bedroom(Basement) | 4.44 x 3.07 | 14.6 x 10.1 | - |
| Bedroom(Basement) | 4.44 x 3.07 | 14.6 x 10.1 | - |
| Bedroom(Basement) | 4.44 x 3.07 | 14.6 x 10.1 | - |
| Bedroom(Basement) | 4.44 x 3.07 | 14.6 x 10.1 | - |
| Bedroom(Basement) | 4.44 x 3.07 | 14.6 x 10.1 | - |
| Kitchen(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Kitchen(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Kitchen(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Kitchen(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Kitchen(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Kitchen(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Kitchen(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Kitchen(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Kitchen(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Kitchen(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Kitchen(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Bathroom(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Bathroom(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Bathroom(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Bathroom(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Bathroom(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Bathroom(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Bathroom(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Bathroom(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Bathroom(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Bathroom(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
| Bathroom(Basement) | 3.4 x 2.01 | 11.2 x 6.6 | - |
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15 West 1st Street, Hamilton, ON L9C 3B5 is a 6-bedroom, 2-bathroom 1 1/2 storey detached with approximately 700-1100 square feet of living space, situated on a 322 32 foot lot. This property is currently for sale at $650,000. The home features a none garage and a finished basement, built approximately 51-99 years ago.
This home is located in Bonnington, part of Hamilton in the Hamilton area. Explore more homes for sale and recently sold properties in this neighbourhood.
Whether you are looking to buy, sell, or lease in Bonnington, our team of experienced real estate professionals can help you navigate the market and find the perfect home. Contact us today for a free consultation.
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