70 Ward AVE, Hamilton, ON L8S 2E9
70 Ward AVE, Hamilton, ON L8S 2E9
70 Ward AVE, Hamilton, ON L8S 2E9
70 Ward AVE, Hamilton, ON L8S 2E9
70 Ward AVE, Hamilton, ON L8S 2E9
70 Ward AVE, Hamilton, ON L8S 2E9
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Jennifer Van Geytenbeek
$ 629,000
Est. payment | /mo

6 Beds

2 Baths


$ 629,000
Est. payment | /mo

6 Beds

2 Baths

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 Locations

Jennifer Van Geytenbeek

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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70 Ward AVE