$974,900
6 bd 3 ba 1627 sf House

39 Broadway AvenueHamilton, ON, L8S 2V6

Ainslie Wood
  • 6 Bed
  • 3 Bath
  • 1627 Sqft
  • House

About this home

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!
Listed by: Bernard Arzadon, EXP REALTY

Home facts and features

Price details
List Price
Gross Taxes for 2025
$5,749
Home facts
Bedrooms
6
Full Bathrooms
3
Property Type
House
Lot Size
45 ft x 140 ft (6300 ft²)
Depth
140.0
Frontage
45.0
Style
1.5 Storey
Heating Type
Forced Air
Features
Carbon Monoxide Detector(s), In-law Capability, Smoke Detector(s)
Appliances
All Elfs, All Window Coverings, Dryer, Freezer, Range Hood, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Primary Broker
EXP REALTY
Listing details
Days on REW
50 Days
MLS® Number
40688933
Source
Information Technology Systems Ontario

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
4.49%

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Richard Earles

Richard Earles

Dominion Lending Centres National LTD

A devoted father of two and an experienced mortgage professional with a track record spanning over 13 years. Richard excels in guiding individuals through purchasing and refinancing their properties.

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Property Insights

Canadian Martyrs Catholic Elementary School
  • Catholic
  • JK - 8
Dalewood Senior Public School
  • Public
  • 6 - 8
Hamilton Hebrew High
  • Private
  • 9 - 12
St. Mary Catholic Secondary School
  • Catholic
  • 9 - 12
Columbia International College of Canada
  • Private
  • 9 - 12
Westdale School
  • Public
  • 9 - 12
Kehila Jewish Community Day School
  • Private
  • K - 5
Glenwood Special Day School
  • Public
  • K - 8
Cootes Paradise Public School
  • Public
  • JK - 5
Mountview Junior Public School
  • Public
  • JK - 6
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