Added 3 days ago
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Type: Detached
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Style: 1 1/2 Storey
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Lot Size: 45 x 140 Feet
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Age: 51-99 years
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Taxes: $5,749 per year
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Days on Site: 2 Days
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Added: Feb 01, 2025 (3 days ago)
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Updated:
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Last Checked: 2 hours ago
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MLS®#: X11952957
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Listed By: Exp realty
An exceptional LICENSED student rental in one of the most sought-after locations within a 2 minute walk of McMaster University. This turnkey investment property offers 6 spacious bedrooms, 3 full bathrooms, and 2 kitchens, currently generating $46K in annual rental income with the potential to increase to $65K+. Sitting on a spacious 45x140ft lot with a large backyard, this property offers future income expansion opportunities by creating more bedrooms in the basement or the potential of a garden suite (buyers do own due diligence). Buyers will appreciate the recent updates, including: Roof (new plywood and shingles, 2021), Exterior Waterproofing (2022), Updated Electrical (2016), New Furnace (2025), Concrete Walkway (2022) and Side Door Entrance (2023). Location is everything! Just a 2-minute walk to McMaster, Starbucks, Williams Cafe, Public Bus Stop and numerous other restaurants/shops, making this an ideal rental for students. The current lease expires in Apr 2025. Don't miss out on this high-demand investment, book your private showing today!
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Property
Status: Sale
Property Type: Detached
Style: 1 1/2 Storey
Age: 51-99
Area: Hamilton
Community: Ainslie Wood
Availability Date: Immediate
Assessment Amount: $404,000
Assessment Year: 2024
Inside
Bedrooms: 6
Bathrooms: 3
Kitchens: 1
Kitchens Plus: 1
Rooms: 2
Den/Family Room: Yes
Air Conditioning: Central Air
Fireplace: Yes
Central Vacuum: N
Washrooms: 3
Utilities
Electricity: Yes
Gas: Yes
Cable: Yes
Telephone: Yes
Building
Basement: Finished
Basement 2: Sep Entrance
Heat Type: Forced Air
Heat Source: Gas
Exterior: Alum Siding
Exterior: Vinyl Siding
Water Supply: Municipal
Physically Handicapped-Equipped: N
Special Designation: Unknown
Retirement: N
Parking
Driveway: Private
Garage Type: None
Covered Parking Spaces: 2
Total Parking Spaces: 2
Fees
Tax Year: 2024
Tax Legal Description: LT 158, PL 420 ; PT LT 157, PL 420 , AS IN VM29344 CITY OF HAMIL
Taxes: $5,749
Highlights
Feature: Golf
Feature: Hospital
Feature: Library
Feature: Park
Feature: Public Transit
Feature: School
Land
Cross Street: Main St W and Broadw
Municipality District: Hamilton
Fronting On: East
Parcel Number: 174590068
Pool: None
Sewer: Sewers
Lot Depth: 140 Feet
Lot Frontage: 45 Feet
Acres: < .50
Very Walkable
- Most errands can be accomplished on foot.
Good Transit
- Some errands can be accomplished by public transportation.
Biker's Paradise
- Daily errands do not require a car.
Glenwood Special Day School
Elementary: PublicHolbrook Junior Public School
Elementary: PublicMountview Junior Public School
Elementary: PublicCanadian Martyrs Catholic Elementary School
Elementary: CatholicDalewood Senior Public School
Elementary: PublicCootes Paradise Public School
Elementary: PublicÉcole secondaire Georges-P-Vanier
Secondary: PublicSt. Mary Catholic Secondary School
Secondary: CatholicSir Allan MacNab Secondary School
Secondary: PublicWestdale Secondary School
Secondary: PublicWestmount Secondary School
Secondary: PublicSt. Thomas More Catholic Secondary School
Secondary: Catholic-
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