The TanTeam Real Estate Group

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39 BROADWAY AVENUE, Hamilton, Ontario

$974,900

6 Beds
3 Baths

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! (id:50212)

Listing ID: X11952957
Property Type: Single Family

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Details

Amenities Nearby: Park, Public Transit, Schools, Hospital
Ownership: Freehold
Parking Spaces: 2
Transaction: For sale

Building

Appliances: Water Heater, Dryer, Freezer, Range, Refrigerator, Stove, Washer, Window Coverings
BasementType: N/A (Finished)
Basement Development: Finished
Basement Features: Separate entrance
Bedrooms Main Level: 6
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Aluminum siding, Vinyl siding
Fireplace Present: True
Fire Protection: Smoke Detectors
Foundation: Block
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Stories Total: 1.5
Type: House
Utility Water: Municipal water

Land

Amenities: Park, Public Transit, Schools, Hospital
Sewer: Sanitary sewer
Size Frontage: 45 ft
Size Irregular: 45 x 140 FT

Listing provided by EXP REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 39 BROADWAY AVENUE in Hamilton Ontario. It was last modified on February 3rd, 2025. Contact the TanTeam Real Estate Group to schedule a viewing or to discover other Hamilton homes for sale.

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