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$ 974,900
Est. payment /mo
New
39 Broadway AVE Hamilton, ON L8S 2V6
6 Beds
3 Baths
UPDATED:
02/03/2025 04:55 PM
Key Details
Property Type Single Family Home
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 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
Basement Separate Entrance, Finished
Kitchen 2
Interior
Interior Features In-Law Capability, Water Heater Owned
Cooling Central Air
Inclusions Dryer, Freezer, Range Hood, Refrigerator, Stove, Washer, all elfs, all window coverings
Exterior
Parking Features None
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Building
Foundation Block
Lited by EXP REALTY
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