Hamilton, Westdale, L8S 1V2
$929,000
Listed by REAL ONE REALTY INC..
Exceptional cash flow opportunity! This spacious 5+2 bedroom, 4 full bathroom 2 kitchens 2 laundry , generating a strong positive cash flow even at current mortgage rates. Current rent income is $5,450/month with average utilities of $550/month. Located in the highly desirable Westdale South neighborhood, just a short walk to McMaster University, hospitals, and Westdale Village, with convenient bus stops nearby.This renovated, carpet-free home features a main floor large master ensuite, kitchen, and laundry, a second floor with 3 bedrooms and a bathroom, and a third-floor master ensuite. The remodeled basement (2020) boasts a separate entrance, two extra bedrooms with large windows , 2nd kitchenette, 2nd laundry, and a full bathroom.Key upgrades include: Furnace (2015), Heat Pump AC (2023), Roof (2020), Windows (main floor 2023, second floor 2021), Electrical panel with 200 AMP service and full wiring upgrade (2021). basement remodelled (2020) , Main floor kitchen floor and stairs (2023).OWNED Hot Water Heater. Don't miss out on this income-generating gem in a prime location!
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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.