70 Ward Avenue, Hamilton, ON L8S 2E9
70 Ward Avenue, Hamilton, ON L8S 2E9, Ainslie Wood, Hamilton
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!
Virtual tour
Property information
Bedrooms
7
Bathrooms
2
Parking
—
Interior
1100-1500 sqft
Lot size
25 x 100 ft
Year built
—
Kitchens
1
Systems & features
Listing history
Market demand
Buyer's Market
4.2 months of supply — 1,221 active, 877 sold in the last 90 days, same type & city.
Location
70 Ward Avenue, Hamilton, ON L8S 2E9, Ainslie Wood, Hamilton
Approximate location shown. Exact address provided upon confirmed showing.
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