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!
For sale
C$974,900
39 Broadway Ave, Hamilton, ON L8S 2V6
6beds
1,627sqft
Single Family Residence, Residential
Built in ----
6,300 Square Feet Lot
$-- Zestimate®
C$599/sqft
C$-- HOA
What's special
Large backyard
- 85 days
- on Zillow |
- 8 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: February 03, 2025 at 08:57am
Listed by:
Bernard Arzadon, Salesperson,
EXP Realty
Source: ITSO,MLS®#: 40688933Originating MLS®#: REALTORS® Association of Hamilton-Burlington
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom
- Features: 3-Piece
- Level: Basement
Bathroom
- Features: 3-Piece
- Level: Main
Bathroom
- Features: 3-Piece
- Level: Second
Bonus room
- Level: Basement
Bonus room
- Level: Basement
Kitchen
- Level: Main
Kitchen
- Level: Basement
Storage
- Level: Basement
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Freezer, Range Hood, Refrigerator, Stove, Washer
Features
- In-law Capability
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 1,627
- Total interior livable area: 1,627 sqft
- Finished area above ground: 1,627
Property
Parking
- Total spaces: 2
- Parking features: Private Drive Single Wide
- Uncovered spaces: 2
Features
- Frontage type: East
- Frontage length: 45.00
Lot
- Size: 6,300 Square Feet
- Dimensions: 140 x 45
- Features: Urban, Rectangular, Highway Access, Hospital, Library, Major Highway, Public Transit, Schools, Trails
Details
- Parcel number: 174590068
- Zoning: R1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1.5 Storey
- Property subtype: Single Family Residence, Residential
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: Block
- Roof: Asphalt Shing
Condition
- 51-99 Years
- New construction: No
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Hamilton
Financial & listing details
- Price per square foot: C$599/sqft
- Annual tax amount: C$5,749
- Date on market: 2/3/2025
- Inclusions: Dryer, Freezer, Range Hood, Refrigerator, Stove, Washer, All Elfs, All Window Coverings
- Exclusions: Tenant Belongings
- Loading