70 WARD AVENUE, Hamilton, ON L8S2E9
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70 WARD AVENUE, Hamilton, ON L8S2E9
70 WARD AVENUE, Hamilton, ON L8S2E9
70 WARD AVENUE, Hamilton, ON L8S2E9
70 WARD AVENUE, Hamilton, ON L8S2E9
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Agostino Calandrino

Agostino Calandrino

+1(905) 518-6104
$ 629,000
Est. payment /mo
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Active

70 WARD AVENUE Hamilton, ON L8S2E9

7 Beds

2 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Subdivision Ainslie Wood

MLS® Listing ID X13696882

Bedrooms 7

Property Sub-Type Freehold

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! (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Basement 5.68 m X 3.19 m Laundry room

Extra Room 2 Basement 2.82 m X 1.78 m Bathroom

Extra Room 3 Lower level 5.62 m X 4.67 m Bedroom

Extra Room 4 Main level 3.43 m X 2.9 m Bedroom

Extra Room 5 Main level 3.19 m X 3.09 m Bedroom 2

Extra Room 6 Main level 3.04 m X 2.87 m Bedroom 3

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Laminate, Tile

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Story 1.5

Sewer Sanitary sewer

Others

Ownership Freehold

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NEARBY SCHOOLS & PROPERTIES

Agostino Calandrino

Agostino Calandrino

Realtor/Team Lead

+1(905) 518-6104

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70 WARD AVENUE