81 Holmes Avenue

Hamilton (Ainslie Wood), Ontario L8S2K8

MLS # X13871464

$630,000

Property Details

Type

Detached

Beds

Baths

Status

For Sale

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About this property

Prime McMaster University Student Rental Investment! This Turnkey 6-Bedroom, 2-Bathroom Home Is Currently Fully Rented To Students And Generates Approximately $4,900/Month In Rental Income, Or $58,800 Annually. Featuring 3 Bedrooms On The Main Level And 3 Bedrooms On The Lower Level, This Property Offers An Ideal Layout For Student Tenants. Excellent Location Just Minutes To McMaster University, McMaster Hospital, Shopping, Restaurants And Public Transit. Numerous Recent Updates Include New Laminate Flooring And Freshly Painted Throughout In 2022, New Furnace In 2023, And New Washer & Dryer In 2024. A Strong Cash-Flowing Investment With Excellent Student Rental Demand And Convenient Access To McMaster University. Perfect For Investors Looking For A Turnkey Income Property With Significant Rental Income And Long-Term Investment Potential! MUST SEE!!

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Property taxes: about $401/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
Kitchen	Main level	3.35 x 3.05
Bedroom	Basement	2.74 x 3.35
Living room	Main level	3.05 x 3.66
Dining room	Main level	1.83 x 1.83
Bedroom	Main level	3.05 x 3.66
Bedroom 2	Second level	6.1 x 4.57
Bedroom 3	Second level	3.35 x 3.05
Bedroom 4	Basement	4.27 x 2.44
Bedroom 5	Basement	3.66 x 3.05