39 Broadway Avenue Hamilton, Ontario L8S 2V6
$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:61852)
Property Details
| MLS® Number | X11952957 |
| Property Type | Single Family |
| Neigbourhood | West Hamilton |
| Community Name | Ainslie Wood |
| AmenitiesNearBy | Park, Public Transit, Schools, Hospital |
| ParkingSpaceTotal | 2 |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 6 |
| BedroomsTotal | 6 |
| Age | 51 To 99 Years |
| Appliances | Water Heater, Dryer, Freezer, Hood Fan, Stove, Washer, Window Coverings, Refrigerator |
| BasementDevelopment | Finished |
| BasementFeatures | Separate Entrance |
| BasementType | N/a (finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Aluminum Siding, Vinyl Siding |
| FireProtection | Smoke Detectors |
| FireplacePresent | Yes |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| Type | House |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Park, Public Transit, Schools, Hospital |
| Sewer | Sanitary Sewer |
| SizeDepth | 140 Ft |
| SizeFrontage | 45 Ft |
| SizeIrregular | 45 X 140 Ft |
| SizeTotalText | 45 X 140 Ft|under 1/2 Acre |
Utilities
| Cable | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/27871234/39-broadway-avenue-hamilton-ainslie-wood-ainslie-wood
Interested?
Contact us for more information
Bernard Arzadon
Salesperson
21 King St W Unit A 5/fl
Hamilton, Ontario L8P 4W7
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March 24 2025 11:59:51
Toronto Real Estate Board
Exp Realty
