$699,000

About this home

Excellent investment opportunity just approximately a two-minute walk to McMaster University! Currently operated as a furnished student rental, Currently generating approximately $5,800 in gross monthly rental income, as reported by the seller. Spacious layout offers 8 bedrooms: 3 upstairs, 3 on the main floor and 2 on the lower level-plus 3 renovated bathrooms, a main floor kitchen and basement kitchen. Finished basement includes laundry and storage. Extensively renovated since 2017, with approximately $100,000 invested in improvements, including flooring, most windows and doors, plumbing, electrical wiring, 100 Amp electrical panel and LED lighting. Roof shingles replaced approximately two years ago. Additional features include an upgraded enclosed front porch, front interlock, backyard deck, fencing and garden shed. Three entrances include basement access to the backyard, with additional backyard access from Ward Avenue and Leland Avenue. Owned furnace, central air conditioner and XL hot water tank. Conveniently located close to campus and everyday amenities..

Property details