Fawad Nissari - Real Estate Agent
39 Broadway AVE Active Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8S 2V6
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Subdivision Ainslie Wood
MLS Listing ID X11952957
Style 1 1/2 Storey
Bedrooms 6
Annual Tax Amount $5,749
Tax Year 2024
Property Sub-Type Detached
Property Description
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!
Location
Province ON
County Hamilton
Community Ainslie Wood
Area Hamilton
Rooms
Family Room Yes
Basement Separate Entrance,Finished
Kitchen 2
Interior
Interior Features In-Law Capability,Water Heater Owned
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 45.0
Lot Depth 140.0
Total Parking Spaces 2
Building
Unit Features Golf,Park,Public Transit,School,Library,Hospital
Foundation Block
Others
Security Features Smoke Detector,Carbon Monoxide Detectors