CLICK HERE...FOR INFORMATION ON WESTDALE HAMILTON ONTARIO. STUDENT HOUSING NEAR MCMASTER UNIVERSITY.
REAL ESTATE MARKET UPDATE FROM APRIL 2017
The average sale house price in West Hamilton was $494,585.
The average sale house price in Ainslie Wood from 1st of January 2017 to May 7th 2017 stands at $516,376
Among the pocket neighbourhoods of Hamilton West, there exists an array of streets known as the beautiful community of "Ainslie Wood". Coining its name after a settler, George Howlett Ainslie, who owned a successful farmstead in the area during the 1800s, the neighbourhood is said to have changed from "Ainslie's Woods" to "Ainslie Wood" naturally over time. Now, this community is a vibrant, student-filled area that buzzes with the infectious excitement that the potential of success brings about. A perfect niche for those looking to invest and families alike!
The seemingly bright and authentic suburbia is located only a few kilometres from the downtown core. Bordered by the easily accessible Highway 403 to the East, the base of the escarpment to the South, and Dundas to the West, this cluster of homes contains a great mix of long-time residents, growing or new families and university students in the pursuit of higher learning. Being boxed in by the larger communities of Ancaster and Dundas, Ainslie Wood is central to a variety of shops, businesses, and attractions. Ideal for those commuting to Toronto with impeccable access to major Highways or to Go Bus Routes. Thriving off a rich economic and political symbiosis with McMaster University Hospitals, the trendy Westdale Village, and everything East of the Downtown core, the homes in this neighbourhood are in constant high demand. With many of the homes being 50-100 years old, each property is undeniably rich in history.
Governed locally by the Ainslie Wood/Westdale Community Association of Resident Homeowners (AWWCA), there is no shortage of activity for the lively individuals who call these houses "home". The local Starbucks corner shop is a popular location for many residents, along with the many other restaurants and stores that line the popular "Main St.". Within Ainslie Wood itself, Alexander Park is a main attraction for those residents with pets or with a passion for the outdoors! Countless bike routes can be discovered all throughout the communities borders which connect to the adjacent University or connecting Westdale area. Due to this direct proximity to occasionally unruly McMaster students, it has been noted that silence is not often found on these streets. These conditions create the ideal environment for student housing, resulting in a high return for investors on investment. Landlords enjoy eager tenant relations and easily fill vacant rooms dependant on standard of living. It is no wonder being the home of multiple cross-sections of Canadian life, the neighbourhood of Ainslie Wood is a highly desired diverse living and investing experience.
Ainslie Woods Real Estate
As shown above the average prices rose around 10% in the first and second quarter and drasticlly jump up in the first part of 2014.
As ilustrated above 82 properties (listings) were sold in Ainslie Wood between the April of 2013 and April 2014. The average list price was $279,554 while the average selling price was $271,260. Ainslie Wood is known for its students housing (for McMaster University) and as shown those prices are much more affordable than in Westdale. Prudent investor should take under consideration the high return on your investement that you could get investing into student housing in Ainslie Wood, Hamilton, Ontario. Graph below show detail price analysis;
Ainslie Wood has a Walk Score of 61 out of 100. This location is Somewhat Walkable so some errands can be accomplished on foot.
This location is in Hamilton. Nearby parks include Sheldon Manor Park, Stroud Road Park and Royal Botanical Gardens.
Nearby schools include Colin Macdonald Community School, Hamilton Learning Centre (1972) and Colin Macdonald Community School.
The closest grocery stores are Farah's Food Mart, Fortinos and Fortinos.
Nearby coffee shops include Tim Hortons, Sturbucks Hamilton. There are 19 restaurants within a 15 minute walk including Wendy's, Maccheroni Cucina Alfresco and Burger King.
Ainslie Wood is near McMaster University, Royal Botanical Gardens and Stroud Road Park.
For details please contact Waldi and Margaret Niburski today!