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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, Ontario L8S2V6

MLS® Number: 40688933
6
Bedrooms
3
Bathrooms
1627
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 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! (68558989)

Location Description

Main St W turn south to Broadway Ave

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1.5
Square Footage
1627 sqft
Subdivision Name
113 - Ainslie Wood
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$5,749
Total Parking Spaces
2
Time on REALTOR.ca
47 days

Building

Bedrooms
Above Grade
6
Bathrooms
Total
3
Interior Features
Appliances Included
Dryer, Freezer, Refrigerator, Stove, Washer, Hood Fan
Basement Type
Full (Finished)
Building Features
Style
Detached
Fire Protection
Smoke Detectors
Total Units
0
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Vinyl siding
Neighbourhood Features
Amenities Nearby
Hospital, Public Transit, Schools
Parking
Total Parking Spaces
2

Measurements

Square Footage
1627 sqft
Above Grade Finished
1627 sqft
Source: Other

Rooms

MetricImperial
Main level
3pc Bathroom
Bedroom
Bedroom
Kitchen
Second level
3pc Bathroom
Bedroom
Bedroom
Bedroom
Bedroom
Basement
3pc Bathroom
Storage
Bonus Room
Bonus Room
Kitchen

Land

Lot Features
Frontage
45 ft
Land Depth
140 ft
Other Property Information
Access
Highway access, Highway Nearby
Zoning Description
R1
Data provided by: Cornerstone - Hamilton-Burlington 505 York Boulevard, Hamilton, Ontario L8R 3K4

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