Look no further for your next investment property. Literally across the street from MohawkCollege, 241 West 5th offers 7 Bedrooms, 2 Kitchens, a Large Communal Dining area and 2 Bathrooms. Both kitchens and both bathrooms have been renovated in 2026, and are spectacular.Other amazing features on this property include a Large detached garage, a large driveway with plenty of parking, new concrete back porch and front stairs, and so much more. This property is cash flowing, and ready and waiting for you! All you have to do is sit back and enjoy. Lookingto let your money work for you? Look no further and start making a return on your investment. All RSA. Currently run by a Property Manager who will continue to manage it moving forward if desired.
5 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $856 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 241 West 5th St W
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
700-1100 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Finished with Walk-Out, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Finished with Walk-Out · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
241 West 5th St W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,943
/mo
based on the purchase price of $599,007
$119,801 cash
$479,206 financed
$403,617 total interest
Principal54%$479,206
Interest46%$403,617
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Hamilton
Other 4–6 bed homes for sale in Hamilton around $599K.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings2,429Homes for sale here right now.
Median vs prior 90 days−2.9%Compared with May 12 – Aug 10, 2026: prices down.
Based on 1,780 sales from Aug 10 – Nov 8, 2026 (1,552 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
241 West 5th St W is listed at $599,007 (MLS® X13797634). Summitly updates the price as soon as the MLS® record changes.
Is $599,007 a good price for 241 West 5th St W?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Hamilton. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 241 West 5th St W changed?
Yes — it was first listed at $599,900 and is now $599,007, a drop of $893 (0.1%).
How many bedrooms and bathrooms does 241 West 5th St W have?
241 West 5th St W has 5 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Hamilton.
Is 241 West 5th St W close to transit?
The nearest rapid-transit station is Hamilton GO Centre GO Station (Lakeshore West GO), about 2.0 km (about a 25-minute walk) in a straight line. West Harbour GO Station is about 3.4 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 241 West 5th St W?
About $2,943 a month — principal and interest on $599,007 with 20% down ($119,801), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 241 West 5th St W compare with other homes in Hamilton?
Its asking price of $599,007 is about 11% below the median sold price in Hamilton over the last 90 days, $675,000, across 1,780 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 241 West 5th St W been sold before?
Summitly has no earlier MLS® sale or lease of 241 West 5th St W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 241 West 5th St W?
241 West 5th St W is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 241 West 5th St W been on the market?
53 days — 241 West 5th St W was listed on September 16, 2026.
What is the price per square foot of 241 West 5th St W?
About $545 to $856 per square foot: the asking price of $599,007 over the 700–1,100 sq ft the listing gives as its size range.
Does 241 West 5th St W have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
