70 WARD AVENUE, Hamilton, Ontario

$629,000

7 Beds
2 Baths

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:50212)

Listing ID: X13696882
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Laundry room	Basement	5.68 m x 3.19 m
Bathroom	Basement	2.82 m x 1.78 m
Bedroom	Lower level	5.62 m x 4.67 m
Bedroom	Main level	3.43 m x 2.9 m
Bedroom 2	Main level	3.19 m x 3.09 m
Bedroom 3	Main level	3.04 m x 2.87 m
Bedroom 4	Main level	3.86 m x 1.89 m
Kitchen	Main level	3.42 m x 3.06 m
Bathroom	Main level	2.79 m x 2.01 m
Bedroom 5	Upper Level	3.39 m x 3.17 m
Bedroom	Upper Level	3.07 m x 2.25 m

Details

Amenities Nearby: Hospital, Public Transit
Equipment: Water Heater
Features: Carpet Free
Ownership: Freehold
Rental Equipment: Water Heater
Transaction: For sale
Zoning Description: C/S-1335

Building

Appliances: All, Dryer, Furniture, Microwave, Stove, Washer, Window Coverings, Two Refrigerators
BasementType: N/A, N/A (Finished), N/A, N/A
Basement Development: Finished
Basement Features: Apartment in basement, Separate entrance, Walk-up
Bedrooms Main Level: 6
Bedrooms Lower Level: 1
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Vinyl siding
Fireplace Present: False
Flooring: Laminate, Tile
Foundation: Block
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1100 - 1500 sqft
Stories Total: 1.5
Type: House
Utility Water: Municipal water

Land

Amenities: Hospital, Public Transit
Sewer: Sanitary sewer
Size Frontage: 25 ft
Size Irregular: 25 x 100 FT

Listing provided by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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 70 WARD AVENUE in Hamilton Ontario. It was last modified on August 20th, 2026. Contact The TanTeam to schedule a viewing or to discover other Hamilton homes for sale.

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