Br (2.9 × 3.43)
B/I Closet · Laminate · Window
Level: Main
Ainslie Wood, Hamilton, Ontario L8S 2E9
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!
Listing activity for 70 Ward Ave, Hamilton, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $629,000 | N/A | For Sale | X13696882 |
B/I Closet · Laminate · Window
Level: Main
B/I Closet · Laminate · Window
Level: Main
Closet · Laminate · Window
Level: Main
Closet · Laminate · Window
Level: Main
Side Door · Eat-In Kitchen · Tile Floor
Level: Main
B/I Closet · Laminate · Window
Level: Upper
B/I Closet · Laminate · Window
Level: Upper
Laminate · Window
Level: Lower
4 Pc Bath
Level: Main
3 Pc Bath
Level: Bsmt
Laundry Sink
Level: Bsmt
Level not provided
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Province of Ontario open data
Province of Ontario open data
Province of Ontario open data · Municipal transit open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence
Monthly Payment
$2,884
Total monthly payment
$3,321
Break-even down payment
100%
Expand Neighbourhood demographics to load Statistics Canada census charts.
$629,000
$629,000
CAD
Estimate unavailable
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