Space
Finished area and layout
- Square Feet
- 1,100-1,500 sqft
- Bedrooms
- 7
- Bathrooms
- 2





Property Snapshot
MLS #X13696882
Finished area and layout
Type, style and structure
This 7-bedroom, 2-bathroom detached in Hamilton offers 1,100-1,500 sqft of square feet on a 25 x 100 FT lot. 1 storey. The property has zoned C/S-1335. The home features central air, a apartment, finished, separate entrance, walk-up basement. Highlights include a none pool.
ATTENTION INVESTORS: Rare, turnkey student housing goldmine in highly desirable Ainslie Wood, steps to McMaster University! This detached 1.5 storey investment property completely eliminates vacancy risk with a rock-solid, fully executed lease agreement guaranteed at $4,042/month until April 2027, PLUS tenants pay all the utilities and internet! This is the current tenants' 2nd year in the property and they have expressed an interest to renew again. Boasting a highly optimized, high-density layout featuring 6 +1 bedrooms and 2 bathrooms, with the option to have a living/common area in the basement with a separate entrance! This property generates an immediate, jaw-dropping 7.8%+ gross yield with zero initial lease costs, zero vacancy downtime, and total operational stability. Unbeatable location for student renters: steps to transit, campus, local dining, and shopping. This property is the perfect add-on for a sophisticated portfolio or an ideal entry point into high-density student housing. True cash-cow opportunities like this do not last. Do the math, check the location, and submit your best offer! (id:60351)
Main St W> Emerson St> Ward Ave
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Land, frontage and setting
Price, taxes and monthly charges
Listed by DEENA RIZWAN, ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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Listed by DEENA RIZWAN, ROYAL LEPAGE REAL ESTATE SERVICES LTD. · MLS# X13696882
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