70 WARD AVE, HAMILTON More Photos

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    For Sale - 70 Ward Avenue, Hamilton, Ontario

    Est payment $3,020/mo
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    Views   2
    Time on Jump  72 day

    AI Summary *

    • Turnkey student housing investment with a solid lease agreement until April 2027.
    • Guaranteed monthly income of $4,042, tenants cover utilities and internet.
    • High-density layout featuring 6 +1 bedrooms and 2 bathrooms.
    • Convenient location steps away from McMaster University and local amenities.
    • Strong return potential with over 7.8% gross yield and no vacancy risks.




    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!
    Listing IDX13696882
    Address70 Ward Avenue
    CityHamilton, Ontario
    Price$629,000
    Bed / Bath7 / 2 Full
    Style1 1/2 Storey, Detached
    ConstructionVinyl Siding
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Carpet Free, In-Law CapabilityAmenities Hospital, Public TransitOwnership FreeholdBasement Apartment, Finished, Separate Entrance, Walk-UpFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    70 Ward Avenue
    Hamilton , Ontario
    7 2 $629,000
    Get more info