70 Ward Avenue, Hamilton, ON L8S 2E9
- $629,000
- $629,000
Overview
- Detached, Style 1 1/2 Storey
- 7
Description
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!
Address
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Address: Ward
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City: Hamilton
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State/county: Hamilton
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Zip/Postal Code: L8S 2E9
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Area: Ainslie Wood
Details
Updated on September 29, 2026 at 7:58 pm-
Price $629,000
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Bedrooms 7
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Type Detached, Style 1 1/2 Storey
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Property Status Residential Freehold
Additional details
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Square Footage 1100-1500
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Bedrooms 6
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Bedrooms Plus 1
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Kitchens 1
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Total Kitchens 1
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Heating Source Gas
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Heating Fuel Forced Air
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Air Conditioning Central Air
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Front 25
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Depth 100
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Parking Spaces 0
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Total Parking Spaces 0
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Pool None
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Exterior Finish Vinyl Siding
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Property Orientation North
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Sewers Sewer
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Cross Street Main St W & Emerson St
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Taxes 5247.88
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Tax Year 2026
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Occupancy Tenant
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Courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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