35
See all 35 photos
$629,000
Est. payment /mo
6 Beds
2 Baths
New
70 Ward AVE Hamilton, ON L8S 2E9
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Key Details
Property Type Single Family Home, freehold, residential
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Ainslie Wood
MLS Listing ID X13696882
Style 1 1/2 Storey
Bedrooms 6
Annual Tax Amount $5,247
Tax Year 2026
Property Sub-Type Detached
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!
Location
Province ON
County Hamilton
Area Hamilton
Rooms
Family Room No
Basement Apartment, Finished, Separate Entrance, Walk-Up
Kitchen 1
Separate Den/Office 1
Interior
Interior Features Carpet Free, In-Law Capability
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 25.0
Lot Depth 100.0
Building
Unit Features Hospital,Public Transit
Foundation Concrete Block
Others
ParcelsYN No
Virtual Tour https://media.visualadvantage.ca/70-Ward-Ave/idx
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
NEARBY SCHOOL & BUSINESS
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