70 Ward Avenue, Hamilton (Ainslie Wood), Ontario

About 70 Ward Avenue

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:6289)

More Info on this Ainslie Wood House MLS® listing

70 Ward Avenue is a house listing for sale in Hamilton (Ainslie Wood). The MLS® number is X13696882. It features 7 bedrooms, 2 bathrooms. It's currently listed for $629,000. For more details on MLS® X13696882, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This house listing in Ainslie Wood is available now!

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