39 Broadway Avenue, Hamilton (Ainslie Wood), Ontario L8S 2V6 (27871234)
$974,900
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! (id:54662)
Property Details
| MLS® Number | X11952957 |
| Property Type | Single Family |
| Neigbourhood | West Hamilton |
| Community Name | Ainslie Wood |
| Amenities Near By | Park, Public Transit, Schools, Hospital |
| Parking Space Total | 2 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Appliances | Water Heater, Dryer, Freezer, Range, Refrigerator, Stove, Washer, Window Coverings |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Fireplace Present | Yes |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | House |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Park, Public Transit, Schools, Hospital |
| Sewer | Sanitary Sewer |
| Size Depth | 140 Ft |
| Size Frontage | 45 Ft |
| Size Irregular | 45 X 140 Ft |
| Size Total Text | 45 X 140 Ft|under 1/2 Acre |
Utilities
| Cable | Installed |
| Sewer | Installed |
Interested in 39 Broadway Avenue, Hamilton, Ontario L8S 2V6?
Bernard Arzadon
Salesperson
21 King St W Unit A 5/fl
Hamilton, Ontario L8P 4W7
(866) 530-7737
(647) 849-3180