For Sale: 242 West 2nd Street, Hamilton, ON - REW
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$725,000
6 bd 2 ba 1000 sf House
242 West 2nd Street
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242 West 2nd StreetHamilton, ON, L9C 3G5

Bonnington
  • 6 Bed
  • 2 Bath
  • 1000 Sqft
  • House

About this home

Exceptional opportunity to own a fully licensed student residence in one of Hamilton's most sought-after rental locations. This spacious detached home offers 7 bedrooms (configured as 4+ 3 bedrooms, as living room can be converted to a bedroom), 2 full bathrooms, and 2 kitchens, making it ideal for student housing, multi-generational living, or investors seeking strong cash flow. Located just steps from Mohawk College, this property meets City of Hamilton licensing requirements and is available for immediate occupancy. The functional layout includes a separate side entrance, providing excellent flexibility for a potential self-contained in-law suite or separate living arrangement that includes a living room and 3 bedrooms. Inside, you'll find generous living space designed to accommodate multiple occupants comfortably. Outside, the large, well-maintained backyard offers a private outdoor retreat perfect for relaxing, studying, or entertaining. Prime Hamilton Mountain Location: Walking distance to Mohawk College, Close to schools, shopping, restaurants, and everyday amenities. Public transit at your doorstep with easy access throughout Hamilton. Situated in an established and family-friendly neighborhoods. Whether you're an investor looking for a licensed income-generating property or a buyer seeking a spacious home with exceptional versatility, this property delivers outstanding value, location, and potential. Available immediately. Opportunities like this rarely come to market and do not last long.
Listed by: Svetlana Khmelyova, Homelife Professionals Realty Inc.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$4,764
Home facts
Bedrooms
6
Full Bathrooms
2
Parking Spaces
5
Parking Details
Asphalt
Property Type
House
Lot Size
44 ft x 105 ft (4653 ft²)
Depth
105.75
Frontage
44.0
Year Built
Built in 1955 (71 yrs old)
Style
Bungalow
Heating Type
Natural Gas
Cooling
Central Air
Basement Details
Separate Entrance,Walk-Out Access,Walk-Up Access,Full,Finished
Features
Carbon Monoxide Detector, Inside, Landscaped, Smoke Detector
Appliances
2 Fridges, 2 Hood Ranges, 2 White Stoves(2025), Washer/dryer(2025), Window Coverings
Community
Agent details
Primary Agent
Primary Broker
Homelife Professionals Realty Inc.
Listing details
Days on REW
1 Day
MLS® Number
40838081
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Sts. Peter and Paul Catholic Elementary School
  • Catholic
  • JK - 8
Queensdale School
  • Public
  • JK - 8
Buchanan Park School
  • Public
  • JK - 6
Norwood Park Elementary School
  • Public
  • JK - 8
ÉÉC Monseigneur-de-Laval
  • Catholic
  • JK - 8
Hillfield Strathallan College
  • Private
  • JK - 12
Calvin Christian School
  • Private
  • SK - 8
Mountain Secondary School
  • Public
  • 9 - 12
Ridgemount Junior Public School
  • Public
  • JK - 8
West Mountian Montessori School
  • Private
  • Pre-K - 3
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-11.