$839,000Asking Price
McMaster University investment property at 131 Leland! Exceptional tenanted income property in one of the most desirable student rental locations, just steps to campus. Tenants must be assumed, however the upper unit can be available vacant starting September 2026. Updated detached home situated on a quiet dead-end street on a premium 45x100 ft lot with potential extension possibilities. Features 8 large bedrooms (4+4 layout), 2 full kitchens, 2 separate entrances with keypad entry , 2 full 3-piece washrooms, and 2 separate stackable washer/dryer sets. Property includes 2 fridges, 2 stoves, 2 dishwashers, central air conditioning, updated gas furnace (2021), new vinyl flooring (2025) , updated rental hot water heater (2024), updated 200-amp electrical breaker panel (2023) with ESA-inspected wiring, updated plumbing, shingles, soffits, and eavestroughs. Basement features four oversized 3 ftx3 ft egress windows with large window wells providing excellent natural light and safety compliance. Ample parking for 6 vehicles plus a spacious backyard. Professionally painted and semi-furnished with twin beds, study tables, and chairs as shown in pictures. Fantastic location for student demand with excellent long-term rental stability and truly hassle-free investment potential.
McMaster University investment property at 131 Leland! Exceptional tenanted income property in one of the most desirable student rental locations, just steps to campus. Tenants must be assumed, however the upper unit can be available vacant starting September 2026. Updated detached home situated on a quiet dead-end street on a premium 45x100 ft lot with potential extension possibilities. Features 8 large bedrooms (4+4 layout), 2 full kitchens, 2 separate entrances with keypad entry , 2 full 3-piece washrooms, and 2 separate stackable washer/dryer sets. Property includes 2 fridges, 2 stoves, 2 dishwashers, central air conditioning, updated gas furnace (2021), new vinyl flooring (2025) , updated rental hot water heater (2024), updated 200-amp electrical breaker panel (2023) with ESA-inspected wiring, updated plumbing, shingles, soffits, and eavestroughs. Basement features four oversized 3 ftx3 ft egress windows with large window wells providing excellent natural light and safety compliance. Ample parking for 6 vehicles plus a spacious backyard. Professionally painted and semi-furnished with twin beds, study tables, and chairs as shown in pictures. Fantastic location for student demand with excellent long-term rental stability and truly hassle-free investment potential.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 14.40' x 10.50' | |
| 2 | Bathroom | Main | 6.00' x 8.01' | 4-PieceBath |
| 3 | Kitchen | Main | 12.01' x 14.99' | |
| 4 | Bathroom | Main | 4.99' x 6.00' | 3-PieceBath |
| 1 4-Piece Bathroom on Main Floor | ||||
| 1 3-Piece Bathroom on Main Floor | ||||
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Ainslie Wood, Hamilton is a west GTA neighbourhood notable for its singles, renters, university grads and health and education, law & public sector professionals. It has a higher than average population of immigrants, and Mandarin speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 34.
Kids Per Family
0.9
kids per family
in the neighbourhood.
60%
of residents are
single and loving it.
60% singles
Hamilton (46%)
58%
of residents
are renters.
58% renters
Hamilton (32%)
47%
of residents are
university grads.
47% university grads
Hamilton (28%)Average Household Income
$77K
is the average household
income in the neighbourhood.
Professions
| Sales | 14% |
| Government | 12% |
| Business | 8% |
| Health | 6% |
| Trades | 5% |
27%
of residents were
born outside of Canada.
27% immigrants
Hamilton (25%)2.6% from UK
All-time
0.8% from Bangladesh
Recent
Foreign Languages
| Mandarin | 6% |
| Arabic | 3% |
| German | 1% |
| Spanish | 1% |
| Cantonese | 1% |
Religions
| Christian | 59% |
| Muslim | 5% |
| Hindu | 3% |
| Jewish | 3% |
| Buddhist | 1% |