70 Ward Avenue
Hamilton (Ainslie Wood), Ontario L8S2E9
MLS # X13696882
Property Details
Type
Detached
Beds
7
Baths
2
Status
For Sale
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About this property
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!
Mortgage Estimate
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Estimate only. Taxes, insurance, condo fees, and lender terms are not included.
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Property taxes: about $437/month based on listed annual taxes.
Estimate only. Confirm taxes, condo/maintenance fees, insurance, utilities, and lender terms before making decisions.
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 3.43 x 2.9 |
| Laundry room | Basement | 5.68 x 3.19 |
| Bedroom 2 | Main level | 3.19 x 3.09 |
| Bedroom 3 | Main level | 3.04 x 2.87 |
| Bedroom 4 | Main level | 3.86 x 1.89 |
| Kitchen | Main level | 3.42 x 3.06 |
| Bedroom 5 | Upper Level | 3.39 x 3.17 |
| Bedroom | Upper Level | 3.07 x 2.25 |
| Bedroom | Lower level | 5.62 x 4.67 |
| Bathroom | Main level | 2.79 x 2.01 |
| Bathroom | Basement | 2.82 x 1.78 |
Facts & Location
Lot Size
25 x 100 FT
Annual Taxes
$5,248
Listing data
Listing information is provided for personal, non-commercial use and should be independently verified before making real estate decisions.
Last refreshed: Aug 24, 2026 3:32 AM
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