$655,000
$679,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
2 Baths
SOLD DATE : 03/07/2025
Key Details
Sold Price $655,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Ainslie Wood
MLS Listing ID X11973892
Sold Date 03/07/25
Style Bungalow
Bedrooms 6
Annual Tax Amount $5,239
Tax Year 2024
Property Sub-Type Detached
Property Description
PRIME STUDENT RENTAL INVESTMENT! Fantastic turn-key investment opportunity just a short walk from McMaster University! This well-maintained 6-bedroom, 2-bathroom bungalow offers potential for strong cash flow and an excellent cap rate, making it an ideal addition to any investors portfolio. Featuring a separate entrance to a fully finished basement, this home is perfectly set up for student living. Updates include waterproofing (2017) with a 25-year warranty, lead pipe replacement (2018), newer flooring throughout, updated bathrooms and kitchen, and a newly paved asphalt driveway (2022) for added convenience. With high rental demand in this sought-after location close to all amentias including Fortinos, restaurants, transit, Columbia College, McMaster University, Hospital, parks and trails, this property is ready to generate income from day one. Don't miss out on this prime student rental investment.
Location
Province ON
County Hamilton
Community Ainslie Wood
Area Hamilton
Rooms
Family Room Yes
Basement Finished, Separate Entrance
Kitchen 1
Separate Den/Office 3
Interior
Interior Features In-Law Capability, Water Meter
Cooling None
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 37.0
Lot Depth 100.0
Total Parking Spaces 3
Building
Foundation Concrete Block
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