Hamilton, Ainslie Wood, L8S 2G7
$679,000
Listed by RE/MAX Escarpment Golfi Realty Inc..
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 investor’s 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—schedule your viewing today!
Carbon Monoxide Detector,Dryer,Range Hood,Refrigerator,Smoke Detector,Stove,Washer,Light Fixtures
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.