Size
-
Lot size
6300 sqft
Street frontage
-
Possession
Immediate
Price per sqft
-
Taxes
$5,749 (2024)
Parking Type
-
Style
1 1/2 Storey
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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 Cafe, 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!
Broker: EXP REALTY
MLS®#: X11952957
Property details
Parking:
2
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
1 1/2 Storey
MLS Size:
-
Lot front:
45 Ft
Lot depth:
140 Ft
Listed on:
Feb 1, 2025
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Instant estimate:
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$1,283
higher than listed pricei
High
$1,020,116
Mid
$976,183
Low
$930,956
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1/26
Just listed
$849,900
11 hours
4+3BD
2BA
3 Parking
1,100-1,500 sqft
MLS#: X12082727
1ST SUNSHINE REALTY INC.
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