39 Broadway Avenue, Hamilton, ON, L8S 2V6

$974,900

MLS® # 40688933

House For Sale In Ainslie Wood East, Hamilton, Ontario

$974,900

  • 6

    Bedrooms

  • 3

    Baths

  • 2

    Parking Spaces

Property Information:

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 Café, 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!

Inclusions: Dryer,Freezer,Range Hood,Refrigerator,Stove,Washer,All Elfs, All Window Coverings

Exclusions : Tenant Belongings

Building Features:

  • Floor Space: 1627 Square Feet

Property Features:

  • Bedrooms: 6
  • Bathrooms: 3+0
  • Acres Range: < 0.5
  • Architectural Style: 1.5 Storey
  • Basement: Full, Finished
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Cooling: Central Air
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 1627 Square Feet
  • Heating: Forced Air
  • Interior Features: In-law Capability
  • Lot Depth: 140 Feet
  • Lot Features: Urban, Rectangular, Highway Access, Hospital, Library, Major Highway, Public Transit, Schools, Trails
  • Lot Frontage: 45.00 Feet
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Source: Municipal
  • Zoning: R1
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 2

Rooms:

  • Kitchen Main Level 6.17 X 3.12
  • Bedroom Main Level 4.11 X 3.48
  • Bathroom Main Level 2.67 X 1.55
  • Bedroom 2nd Level 5.00 X 3.00
  • Bedroom 2nd Level 5.41 X 2.97
  • Bedroom Main Level 4.24 X 3.40
  • Bedroom 2nd Level 3.25 X 3.23
  • Bedroom 2nd Level 4.24 X 3.35
  • Bathroom 2nd Level 2.26 X 1.63
  • Storage Basement Level 2.90 X 2.51
  • Other Basement Level 3.00 X 2.54 Note: Bonus Room
  • Other Basement Level 3.20 X 2.13 Note: Bonus Room
  • Kitchen Basement Level 2.03 X 1.83
  • Bathroom Basement Level 2.03 X 1.60

Courtesy of: EXP Realty

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Additional Photos