16 BEAUCOURT Place, Hamilton, ON
Ainslie Wood, Hamilton · MLS® X13458310
About this home
Imagine owning a true turnkey investment that starts generating cash flow the moment you take possession - with zero hassle and peace of mind built right in. This beautiful 6-bedroom detached home sits on a quiet, friendly court just minutes (by foot, bus, or quick drive) from McMaster University and every amenity you or your tenants could want. The location is pure gold for student and professional renters alike. Best part? A brand-new lease is already signed and in place until May 2027. That means immediate, reliable income with no vacancy worries and no scramble to find quality tenants. You can simply sit back and collect. Inside, the home offers a smart, functional layout that works beautifully for multi-tenant living. The main floor features three spacious bedrooms, a bright and open kitchen, separate dining area, and a full bathroom - perfect for everyday comfort. Downstairs you'll find a cozy rec room, three more generously sized bedrooms, and a convenient kitchenette that adds tremendous rental appeal. Outside, you get parking for three cars plus a quiet, private backyard with no rear neighbours - a rare find that gives tenants that extra sense of peace and space. This is the kind of low-maintenance, income-producing property that smart investors dream about.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- X13458310
- Bedrooms
- 6 (3 + 3)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 40 × 100.5 ft
- Cross streets
- Lower Horning Rd & Whitney Ave.
- Parking
- 3 parking
- Driveway
- Private Double
- Basement
- Full, Finished, Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,450 / 2026
- Days on market
- 35
- Listing brokerage
- ROCK STAR REAL ESTATE INC.
Rooms
Listed at $719,900, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
In Ainslie Wood lately, sellers have been getting about 97% of asking and homes sell in about 30 days. Prices are down 17% versus a year ago.
There were not many closely comparable homes right in Ainslie Wood, so I widened the search to the surrounding area.
Based on 47 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 47 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $698K, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $765K
- Bedrooms +$23K
- Adjusts to $788K
That comparable adjusts to $788K; the $673K estimate above is the median of all 47 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Total price vs nearby homes. Fair value about $673K, median of 47 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 29% above the area average of $619/sqft.
32 days longer than the Hamilton average (3 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Ainslie Wood, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $575,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,073
- Property tax
- $454
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,527
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,873
- Estimated closing costs
- $10,873
Plus your down payment of $143,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $184,399
- Principal paid down
- $73,344
- Interest paid
- $111,056
- Balance remaining
- $502,576
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.
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROCK STAR REAL ESTATE INC.. MLS®/PropTx.