55 WEST 5TH Street
Hamilton, Ontario
7 bed • 2 bath • Single Family
Investment Alert!!! Fully Licensed, fully tenanted, 7 bedroom/2 kitchen/2 bath Student Rental! This all brick bungalow is just steps from Mohawk College and St. Joe's Healthcare (West 5th Campus). Offering 7 bedrooms, 2 kitchens, and 2 full bathrooms, this home provides endless opportunities for homeowners, investors, and multi-generational families alike. The main level features 3 bedrooms, a large/bright living room, updated kitchen and bathroom. The fully finished lower level is conveniently accessible through the separate rear entrance, and features 4 additional bedrooms, a 2nd full kitchen, laundry and second full bathroom. Great private lot with 2 driveway parking spaces. Located just a 5-minute walk to Mohawk College, St. Joseph's West 5th campus, parks, schools, shopping, public transit, and more, this home offers multiple options as either a multi-generational home, single family home, or as the perfect turn-key investment property offering immediate income and positive cashflow.
Price History
Schools
Elementary
- Queensdale School0.6 km
Public · Hamilton-Wentworth DSB · 400 students
Grade 3 reading: 66% met the provincial standard · Grade 6 math: 39% met the provincial standard
- Sts. Peter and Paul Catholic Elementary School0.8 km
Catholic · Hamilton-Wentworth CDSB · 530 students
Grade 3 reading: 85% met the provincial standard · Grade 6 math: 51% met the provincial standard
- Buchanan Park School1.1 km
Public · Hamilton-Wentworth DSB · 210 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 62% met the provincial standard
Secondary
- St. Charles Catholic Adult Secondary School0.8 km
Catholic · Hamilton-Wentworth CDSB · 345 students
- Turning Point Alternative Education School0.8 km
Public · Hamilton-Wentworth DSB · 100 students
- James Street Alternative Education2.1 km
Public · Hamilton-Wentworth DSB · 50 students
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 L9C
- Population
- 41,202
- Private dwellings
- 15,123
- Median age
- 41.2
- Average household size
- 2.7
- Median household income
- $92,000
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
$129,980
Estimated Monthly Payment
$3,193
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,193/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $162/mo
Estimates only. Consult a financial advisor.
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