For Sale: 131 Leland Street, Hamilton, ON - REW
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$799,000
8 bd • 2 ba • 1250 sf • House
131 Leland Street
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131 Leland StreetHamilton, ON, L8S 3A3

Ainslie Wood
  • 8 Bed
  • 2 Bath
  • 1250 Sqft
  • House

About this home

Your next McMaster University investment or student home or family home awaits at 131 Leland Street, Hamilton. Valid Hamilton Rental Establishment License. License available for review by a qualified purchaser. This turnkey, fully rented property generates $6,465/month in gross rental income. Tenants must be assumed by the buyer. Utilities paid by the owner. Situated on a quiet cul-de-sac street on a premium 45x100 ft lot with future expansion potential, this updated detached home features 8 spacious bedrooms, 2 full kitchens (each equipped with fridge, stove, and dishwasher), 2 separate entrances with keypad entry, two 3-piece bathrooms, and 2 sets of stackable washer/dryer units. Mechanical & structural updates include central air conditioning, gas furnace (2021), updated 200-amp electrical breaker panel (2023) with ESA-inspected wiring, rental hot water tank (2024), and vinyl flooring (2025). The bright basement features four oversized 3x3 ft egress windows with large window wells for excellent natural light. All municipal utilities connected (water, sewer, gas, hydro, high-speed internet). In addition, key licensing improvements were completed, including exterior painting, basement room tile replacement, exterior outlet covers, fire safety compliance, and professional duct cleaning. Outside offers private parking for 6 vehicles and a generous backyard. Professionally painted throughout and available semi-furnished (twin beds, study desks, and chairs) for an effortless rental setup. An exceptional cash-flowing opportunity for investors seeking strong in-place income or parents securing quality housing for students attending McMaster University in a prime campus-adjacent pocket. All current tenants are McMaster University students.
Listed by: Mark Thomas Woehrle, RE/MAX Escarpment Realty Inc.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$6,089
Home facts
Bedrooms
8
Full Bathrooms
2
Parking Spaces
6
Property Type
House
Lot Size
47 ft x 96 ft (4598 ft²)
Depth
96.39
Frontage
47.7
Year Built
Built in 1951 (75 yrs old)
Style
Cape Cod
Heating Type
Forced Air,Natural Gas
Cooling
Central Air
Basement Details
Full,Finished
Features
In-suite, Smoke Detector(s)
Appliances
2 Dishwashers, 2 Dryers, 2 Microwaves. Select Furniture/items Are Negotiable., 2 Refrigerators, 2 Stoves, 2 Washers, All Elf's, Negotiable, Other
Community
Agent details
Primary Agent
Primary Broker
RE/MAX Escarpment Realty Inc.
Secondary Agent
Secondary Broker
RE/MAX Escarpment Realty Inc.
Listing details
Days on REW
1 Day
MLS® Number
40875967
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Property Insights

St. Mary Catholic Secondary School
  • Catholic
  • 9 - 12
Canadian Martyrs Catholic Elementary School
  • Catholic
  • JK - 8
Glenwood Special Day School
  • Public
  • K - 8
Dalewood Senior Public School
  • Public
  • 6 - 8
Mountview Junior Public School
  • Public
  • JK - 6
Hamilton Hebrew High
  • Private
  • 9 - 12
St. Teresa of Avila Catholic Elementary School
  • Catholic
  • JK - 8
Columbia International College of Canada
  • Private
  • 9 - 12
Holbrook Junior Public School
  • Public
  • JK - 6
Westdale School
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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