17 Thorndale Street, Hamilton, ON

Ainslie Wood, Hamilton · MLS® X13442372

$849,900
For Sale
Listed 38 days ago
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7Bedrooms
3Bathrooms
4Parking
700-1100Sq Ft
4 schools20+ transit stops11 parks20+ restaurantswithin 1.5 km

About this home

ANTASTIC Investment opportunity in prime Westdale location! Offering a LICENSED Student rental house. This well-maintained residence sits on an almost 50' x 100' lot plus 4 car parking. functional layout with 7 Bedrooms, 2 Kitchens, 2 1/2 Bathrooms. All rooms are rented until August 2027 so start cash flowing today with this great opportunity in this sought after Westdale neighbourhood, preferred by students due to its walkability to McMaster and all amenities including publc transit.

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
X13442372
Bedrooms
7 (3 + 4)
Bathrooms
3 (1 half)
Size
700-1100
Lot
49.5 × 100 ft
Cross streets
Main Street West
Parking
4 parking
Driveway
Front Yard Parking
Basement
Full
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick Veneer, Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,052 / 2025
Days on market
38
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BathroomMain0.91 × 2.43 m
KitchenBasement2.98 × 2.35 m
Bedroom 5Second4.50 × 3.53 m
Living RoomMain3.34 × 2.96 m
Bedroom 4Main3.38 × 2.71 m
KitchenMain4.39 × 2.44 m
Bedroom 2Basement2.76 × 2.56 m
BathroomBasement2.63 × 1.51 m
Bedroom 3
BathroomSecond2.39 × 1.48 m
Dining RoomMain3.31 × 2.69 m
Primary BedroomSecond3.49 × 5.10 m
BedroomBasement2.91 × 2.52 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On location, this is a very walkable address with everyday errands close by. Main at Thorndale is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Comparable listingsCurrently listed nearby in Ainslie Wood · asking prices
$716kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

102 Dalewood Avenue$749k148 Haddon Avenue$709k386 Whitney Avenue$799k70 Ward Avenue$622k139 Dalewood Avenue$700k

The 5 closest active listings nearby.

See all comparable homes
850kThis home749k709k799k622k700kThis home vs active comparables
Live market pulseActive comparables in Ainslie Wood · median list $709K
$944this home / sqft
5active listings nearby
38days on market
9sold nearby · 90 days
$750Kmedian sold price
94%of asking, on average
12%vs a year ago

35 days longer than the Hamilton average (3 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Ainslie Wood, Hamilton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

83/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Main at Thorndale, about 106 m away

20+ transit stops2 grocery20+ dining11 parks6 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Westdale
$1.39M
Dundas
$993K
North End
$545K
Ancaster
$1.21M
Waterdown
$1.46M

Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$3,874/mo
$171KIncome needed
5.0×Price ÷ income
$894Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

87%mortgage
Mortgage $3,874Property tax $588Total carry $4,461

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,628per month

Mortgage amount $679,920 · 4.14% over 25 years

$169,980Down payment (20.0%)
$679,920Loan before insurance
$0CMHC premium
$4,216Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,628
Property tax
$588
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,216

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$13,473
Estimated closing costs
$13,473

Plus your down payment of $169,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,407/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$408,572Total interest paid
$1,088,492Total of all payments
Principal $679,920 Interest $408,572
YearPrincipalInterestBalance
1$15,928$27,611$663,992
2$16,594$26,945$647,397
3$17,289$26,251$630,109
4$18,012$25,528$612,097
5$18,765$24,775$593,332
6$19,550$23,990$573,782
7$20,368$23,172$553,414
8$21,220$22,320$532,195
9$22,107$21,432$510,087
10$23,032$20,508$487,055
11$23,995$19,544$463,060
12$24,999$18,541$438,061
13$26,045$17,495$412,016
14$27,134$16,405$384,882
15$28,269$15,270$356,612
16$29,452$14,088$327,161
17$30,684$12,856$296,477
18$31,967$11,573$264,510
19$33,304$10,236$231,206
20$34,697$8,842$196,509
21$36,149$7,391$160,360
22$37,661$5,879$122,700
23$39,236$4,304$83,464
24$40,877$2,663$42,587
25$42,587$953$0

At the end of your 5-year term

Total paid over the term
$217,698
Principal paid down
$86,588
Interest paid
$131,110
Balance remaining
$593,332

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$1,450/mo
$17,400Gross annual rent
0.8%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.0%
Gross yield
− Property tax $7,052− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $7,034

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.

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