Address
70 Ward Avenue, Hamilton, ON
Price
$ 629,000
Property Attributes
- ID#X13696882
- TypeSingle Family
- Listing Status Active
- MunicipalityHamilton
- CityHamilton
- NeighbourhoodAinslie Wood
- Postal CodeL8S 2E9
- StyleSingle Family Dwelling
- Price$ 629,000
- Bedrooms6+1
- Bathrooms2
- Half Bathrooms0
- Sqr Footage1500
Data Source:
RLP - CREA EN
Property Description
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!
General Features
| Zoning | C/S-1335 |
|---|---|
| Terms | SALE |
| Neighbourhood | Ainslie Wood |
| Construction Style | Detached |
| Property Sub Type | Single Family |
| jumpId | 29017749 |
| Property Subtype French | Single Family Dwelling |
| Listing Type French | House |
| MLS | X13696882 |
| Appliances | All, Dryer, Microwave, Stove, Washer, Window Coverings |
| Building Type | House |
| Features | Carpet Free |
| Property Type | Single Family |
| Sewer | Sanitary sewer |
Interior Features
| Living Area Range | 1500 sqft |
|---|---|
| Bedrooms | 6+1 |
| Basement | Finished |
| Basement Type | N/A, N/A, N/A, N/A |
| Cooling Type | Central air conditioning |
| Foundation Type | Block |
| Heating Fuel | Natural gas |
| Heating Type | Forced air |
| Beds | 7 |
| Total Baths | 2 |
| Total Baths | 2 |
Exterior Features
| Exterior Finish | Vinyl siding |
|---|---|
| Parking Type | No Garage |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in L8S 2E9
Price
In The Neighbourhood
Hamilton
$ 498,000
65 Ainslie Avenue
Hamilton, ON L8S2J9
- Type
- Single Family
- Size
- 1,100 SqFt
- Rooms
- 5 Beds + 2 Baths
Listed by: HOMELIFE LANDMARK REALTY INC.
Hamilton
$ 599,900
125 Broadway Avenue
Hamilton, ON L8S2W2
- Type
- Single Family
- Size
- 1,100 SqFt
- Rooms
- 5 Beds + 2.5 Baths
Listed by: BAY STREET GROUP INC.
Hamilton
$ 720,000
16 Kingsmount Street
Hamilton, ON L8S3B3
- Type
- Single Family
- Size
- 1,100 SqFt
- Rooms
- 6 Beds + 2 Baths
Listed by: CENTURY 21 PARAMOUNT REALTY INC.
Hamilton
$ 899,000
2 Norfolk Street N
Hamilton, ON L8S3K1
- Type
- Single Family
- Size
- 1,500 SqFt
- Rooms
- 6 Beds + 2 Baths
Listed by: ILISTREALESTATE INC.
Hamilton
$ 724,900
1999 Main Street W
Hamilton, ON L8S1J2
- Type
- Single Family
- Size
- 1,100 SqFt
- Rooms
- 2 Beds + 1 Baths
Listed by: KELLER WILLIAMS EDGE REALTY
Hamilton
$ 729,000
17 Carwyn Crescent
Hamilton, ON L8S3H3
- Type
- Single Family
- Size
- 1,100 SqFt
- Rooms
- 5 Beds + 2 Baths
Listed by: Royal LePage Certified Realty
Hamilton (Ainslie Wood)
$ 895,000
27 Hollywood Street S
Hamilton (ainslie Wood), ON L8S3A9
- Type
- Single Family
- Size
- 1,100 SqFt
- Rooms
- 5 Beds + 2 Baths
Listed by: EXP REALTY
Hamilton
$ 699,000
112 Ward Avenue
Hamilton, ON L8S2E9
- Type
- Single Family
- Size
- 1,500 SqFt
- Rooms
- 8 Beds + 3 Baths
Listed by: Royal LePage Ignite Realty
Hamilton
$ 749,900
37 Radford Street
Hamilton, ON L8S3E5
- Type
- Single Family
- Size
- 1,500 SqFt
- Rooms
- 7 Beds + 2 Baths
Listed by: RE/MAX MILLENNIUM REAL ESTATE
Hamilton
$ 744,900
15 Carwyn Crescent
Hamilton, ON L8S3H3
- Type
- Single Family
- Size
- 1,100 SqFt
- Rooms
- 7 Beds + 2 Baths
Listed by: RE/MAX ESCARPMENT REALTY INC.
Hamilton
$ 750,000
105 Emerson Street
Hamilton, ON L8S2X5
- Type
- Single Family
- Size
- 1,500 SqFt
- Rooms
- 6 Beds + 3 Baths
Listed by: COLDWELL BANKER THE REAL ESTATE CENTRE
Hamilton
$ 775,000
16 Kingsmount Street
Hamilton, ON L8S3L3
- Type
- Single Family
- Size
- 1,100 SqFt
- Rooms
- 6 Beds + 2 Baths
Listed by: CENTURY 21 PARAMOUNT REALTY INC.
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