142 EWEN Road
Hamilton, Ontario
7 bed • 3 bath • Single Family
Turnkey Cash-Flow Opportunity Near McMaster! Exceptional 7-bedroom, 3-bathroom income property featuring 2,068 sq ft of above-grade living space on a generous 60x145 ft lot in prime Ainslie Wood. City of Hamilton Licensed Rental property (1 unit, 7 bedrooms). Designed for strong rental performance, the home features 3 full bathrooms (one on each floor), three separate entrances (front, side and rear), and parking for up to 8 vehicles. The main floor bedroom includes a wet sink and kitchen setup with excellent potential to convert into a self-contained 1-bedroom suite with separate rear access. Durable metal roof, spacious and bright interior with abundant natural light throughout. A separate detached garage adds flexibility and additional value. Currently generating $5,600/month in rental income, delivering solid positive cash flow. With its expansive layout, there is also potential to add two additional bedrooms, further enhancing income potential. A rare scalable investment opportunity in one of Hamilton's most sought after rental pocket. 2023 Furnace, AC and Fridge.
Price History
Property
- Lot Size
- 0.2 acres
Schools
Elementary
- Glenwood School School0.4 km
Public · Hamilton-Wentworth DSB
- Canadian Martyrs Catholic Elementary School1.1 km
Catholic · Hamilton-Wentworth CDSB · 185 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 57% met the provincial standard
- Mountview Junior Public School1.2 km
Public · Hamilton-Wentworth DSB · 265 students
Grade 3 reading: 89% met the provincial standard · Grade 6 math: 65% met the provincial standard
Secondary
- St. Mary Catholic Secondary School0.4 km
Catholic · Hamilton-Wentworth CDSB · 935 students
Grade 10 literacy: 86% met the provincial standard
- Sir Allan MacNab Secondary School2.3 km
Public · Hamilton-Wentworth DSB · 660 students
Grade 10 literacy: 70% met the provincial standard
- Westdale Secondary School2.6 km
Public · Hamilton-Wentworth DSB · 1525 students
Grade 10 literacy: 88% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L8S
- Population
- 15,787
- Private dwellings
- 8,714
- Median age
- 32.4
- Average household size
- 2.2
- Median household income
- $62,800
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Hamilton · last 12 months
- Median sold price
- $683,250
- Homes sold
- 4,988
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,988 recorded sales of single family properties in Hamilton over the last 12 months.
Location
Mortgage Calculator
$169,000
Estimated Monthly Payment
$4,151
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,151/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $211/mo
Estimates only. Consult a financial advisor.
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