2 Gary Avenue

Nestled in the heart of Ainslie Wood, this remarkable house for sale in Hamilton at 2 Gary Avenue, Hamilton, presents a unique investment opportunity that is hard to overlook. With a prime location directly across from McMaster University, this property is perfectly situated to cater to the needs of students and professionals alike, ensuring a steady demand for rental accommodation. The house for sale in Hamilton boasts a substantial footprint, making it an attractive option for those looking to invest in a property with considerable potential for future growth.

The building itself is a charming detached house, styled over two storeys and constructed with durable vinyl siding, which not only adds to its aesthetic appeal but also promises low maintenance. The property spans a generous lot of 72 by 97 feet, providing ample outdoor space for various activities. Although the house for sale in Hamilton does not feature a pool or garage, it compensates with a private double driveway that offers parking for up to three vehicles, making it convenient for residents and guests.

Inside, the house is unfurnished and offers a total of seven rooms, including nine spacious bedrooms and a den. This layout is particularly advantageous for those seeking to accommodate multiple tenants or large families. The presence of two kitchens, one located in the basement, enhances the functionality of the home, allowing for efficient meal preparation and dining arrangements. The basement itself is fully finished and features a separate entrance, walk-out access, and a walk-up, making it an ideal space for an additional apartment or private living quarters.

The property includes four bathrooms, ensuring that residents have ample facilities to meet their needs. Central air conditioning provides comfort during the warmer months, while the forced air heating system ensures warmth during the colder seasons. Although the house for sale in Hamilton does not come with a central vacuum system or a fireplace, it is equipped with internet access and a family room, which adds to the comfort and convenience of the living space.

The additional five rooms within the house can be utilised for various purposes, such as study areas, storage, or even additional living spaces, depending on the needs of the occupants. The versatility of this property is one of its standout features, making it suitable for both commercial and residential uses. Given its location in the highly sought-after TOC1 (Transit Oriented Corridor) zoning, the potential for redevelopment and future growth is exceptional.

As the property is over 50 years old, it carries a sense of history and character, while still offering modern amenities that appeal to today’s tenants. The municipal water and sewer services are an added benefit, ensuring that the property is well-connected and functional. Although there are no extra features listed, the combination of space, location, and potential makes this house for sale in Hamilton a compelling option for investors.

In conclusion, 2 Gary Avenue, Hamilton, is a standout property that represents a premier investment opportunity in one of Hamilton's most desirable corridors. With its strategic location, spacious layout, and significant potential for income generation, this house for sale in Hamilton is not to be missed. Whether you are looking to invest in a rental property or seeking a large family home, this property offers the versatility and potential that many buyers desire. Don’t miss your chance to explore this exceptional opportunity in Hamilton’s thriving real estate market.

Ainslie Wood is a charming residential neighbourhood located in the city of Hamilton, Ontario, characterised by its tranquil tree-lined streets and a mix of well-established homes and modern developments. Nestled near the picturesque Cootes Paradise and the Royal Botanical Gardens, it offers residents easy access to nature and outdoor activities, making it ideal for families and nature enthusiasts alike. The community is well-served by local amenities, including schools, parks, and shops, while its proximity to McMaster University adds a vibrant, youthful energy to the area. With a strong sense of community spirit and a welcoming atmosphere, Ainslie Wood is an appealing choice for those seeking a serene yet connected lifestyle.

Schools in the Neighbourhood

This property is ideally situated near several educational institutions, making it a great choice for families. The closest school is Dalewood Elementary School, located just 0.1 km away, catering to grades 6 to 8, and is part of the Hamilton-Wentworth District School Board. For younger children, Cootes Paradise Elementary School is available at a distance of 1.1 km, offering grades JK to 5 in both English and French. Westdale Secondary School, also part of the Hamilton-Wentworth District School Board, is located 1.0 km away and serves grades 9 to 12, boasting a solid school rating of 6. For those seeking a Catholic education, Canadian Martyrs' CES is just 0.6 km away, offering grades JK to 8 with an impressive rating of 6.4. Additionally, St. Mary CSS, which serves grades 9 to 12, is located 1.3 km away and has a rating of 6.3. With a variety of public and Catholic schools in close proximity, this property offers excellent educational opportunities for children of all ages, enhancing its appeal to potential buyers.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 377 residents as of 2021. The average household consists of 2.2 individuals, with a median age of 38.2 years. The average household income stands at $74,500, although 22% of the population falls within the low-income bracket. The real estate market reflects an average property price of $600,000. Notably, a significant portion of the population, 68.06%, is single, while 33.33% of households include children, indicating a mix of family structures. The area is also home to a diverse population, with 28.75% of residents being immigrants. Renters make up 38.24% of the housing market, and there are currently no condominiums available. Educational attainment is high, with 61.84% of residents holding a college or university degree. However, a considerable 36.84% of the population is not participating in the labor force, which may reflect various socio-economic factors. Overall, this community presents a blend of educationally qualified individuals and diverse family dynamics, making it an interesting area for potential homeowners and investors.