39 Broadway Avenue For Sale

Hamilton, Ainslie Wood, L8S 2V6

$974,900

Description

Listed by EXP REALTY.

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!

Dryer, Freezer, Range Hood, Refrigerator, Stove, Washer, all elfs, all window coverings

Location

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  • Address: 39 Broadway Avenue
  • Neighborhood: Ainslie Wood
  • City: Hamilton
  • State: Ontario
  • Postal Code: L8S 2V6

Property Details

  • Property ID: X11952957
  • Property Price: $974,900
  • Style: Detached, 1 1/2 Storey
  • Rooms: 2+4
  • Bedrooms: 6
  • Bath: 3
  • Parking Spaces: 2
  • Year Built: 51-99
  • A/C: Central Air
  • Basement: Sep Entrance, Finished
  • Central Vac.: N
  • Den: Y
  • Exterior: Alum Siding, Vinyl Siding
  • Heating: Forced Air
  • Fireplace: Y
  • Taxes: $5,749.00 (2024)
  • Acreage: < .50 Acres
  • Lot: 140x45 (Feet)

Recently Sold

  • Detached House sold at 63 Hill Street, Kingston, Central City East, K7L 2M6 - MLS: X11883839
    • Sold 71 days ago

    63 Hill Street

    Kingston, Central City East, K7L 2M6

    $949,000

    $000000

  • Contact Manoj Kukreja

    Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
    (647) 576 - 2100