For Sale - 131 Leland Street, Hamilton, Ontario

Est payment $3,837/mo
Views   1
Time on Jump  1 days
  • Eight bedrooms, two kitchens, two bathrooms, and two separate keypad-entry doors.
  • Fully tenanted student rental generating $6,465 monthly gross income; tenants to be assumed.
  • Updated systems include central air, a 2021 furnace, 2023 electrical panel, and 2025 vinyl flooring.
  • Basement has four oversized egress windows, adding natural light.
  • Private parking for up to six vehicles, a spacious backyard, and convenient university access.



Located at 131 leland street in hamilton, this detached property offers convenient access to mcmaster university and surrounding amenities. The property holds a valid hamilton rental housing licensing by-law license, available for review by qualified purchasers. Currently fully tenanted, the property generates $6,465 per month in gross rental income. Tenants are to be assumed by the buyer. Utilities are paid by the owner. Situated on a 45 x 100 ft lot on a cul-de-sac street, this updated home features 8 bedrooms, 2 kitchens, each equipped with a refrigerator, stove and dishwasher, 2 separate entrances with keypad entry, two 3-piece bathrooms, and two sets of stackable washer and dryer units. Recent updates and features 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 basement features four oversized 3 x 3 ft egress windows with window wells, providing additional natural light. Municipal services include water, sewer, natural gas, hydro and high-speed internet. Additional improvements completed include exterior painting, basement room tile replacement, exterior outlet covers, fire safety compliance work, and professional duct cleaning. The property also offers private parking for up to 6 vehicles and a spacious backyard. Professionally painted throughout and available semi-furnished, including twin beds, study desks and chairs. A property offering multiple bedrooms, separate entrances and existing rental income, with convenient access to mcmaster university and nearby amenities. All current tenants are university students.
Listing IDX14173776
Address131 Leland Street
CityHamilton, Ontario
Price$799,000
Bed / Bath8 / 2 Full
Style1 1/2 Storey, Detached
ConstructionOther
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features NoneAmenities Hospital, Library, Place Of Worship, Public Transit, SchoolFeatures Irregular LotOwnership FreeholdWaterfront NoneBasement Apartment, Separate EntranceFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 6.00
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Listing Brokerage: RE/MAX ESCARPMENT REALTY INC.

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131 Leland Street
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