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Home ON Greater Hamilton Hamilton Old Hamilton Ainslie Wood East
39 BROADWAY AVENUE
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39 BROADWAY AVENUE $974,900
$974,900
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39 BROADWAY AVENUE
Hamilton (Ainslie Wood), Ontario L8S2V6

MLS® Number: X11952957
6
Bedrooms
3
Bathrooms
-
Square Feet

Listing Description

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 Cafe, 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! (39824191)

Location Description

Main St W and Broadway Ave

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1.5
Community Name
Ainslie Wood
Title
Freehold
Land Size
45 x 140 FT|under 1/2 acre
Annual Property Taxes
$5,749
Total Parking Spaces
2
Time on REALTOR.ca
46 days

Building

Bedrooms
Above Grade
6
Bathrooms
Total
3
Interior Features
Appliances Included
Water Heater, Dryer, Freezer, Hood Fan, Stove, Washer, Window Coverings, Refrigerator
Basement Features
Separate entrance
Basement Type
N/A (Finished)
Building Features
Foundation Type
Block
Style
Detached
Fire Protection
Smoke Detectors
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Vinyl siding
Neighbourhood Features
Amenities Nearby
Park, Public Transit, Schools, Hospital
Parking
Total Parking Spaces
2

Land

Lot Features
Frontage
45 ft
Land Depth
140 ft
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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