$899,900Asking Price
PRIME INVESTMENT OPPORTUNITY Exceptional income-generating property perfectly situated within walking distance of McMaster University. Whether you're a seasoned investor or exploring your first rental opportunity, this turn-key property offers unbeatable value and consistent returns.This spacious and well-maintained home boasts 6 bedrooms and 2 kitchens, thoughtfully laid out to provide privacy, comfort, and practicalityan ideal setup for student housing. The fully tenanted basement adds immediate rental income and has the potential to generate approximately $4,800/month in gross rental income for the entire property.Student renters are drawn to the unbeatable convenience and vibrant neighbourhood, ensuring a strong and consistent tenant pool year-round. Whether your'e looking to expand your real estate portfolio or secure a reliable cash-flowing investment, this property checks all the boxes. Alternatively, this Home is well Suited for Families Looking to Enter the Real Estate Market. The Home is in a Fantastic neighbourhood close to Columbia International College, Westdale Secondary School, Dalewood Middle School, and George R. Allan Elementary School. Located in a high-demand area, the property is just minutes from schools, public transit, shopping, restaurants, parks, and all essential amenities.
PRIME INVESTMENT OPPORTUNITY Exceptional income-generating property perfectly situated within walking distance of McMaster University. Whether you're a seasoned investor or exploring your first rental opportunity, this turn-key property offers unbeatable value and consistent returns.This spacious and well-maintained home boasts 6 bedrooms and 2 kitchens, thoughtfully laid out to provide privacy, comfort, and practicalityan ideal setup for student housing. The fully tenanted basement adds immediate rental income and has the potential to generate approximately $4,800/month in gross rental income for the entire property.Student renters are drawn to the unbeatable convenience and vibrant neighbourhood, ensuring a strong and consistent tenant pool year-round. Whether your'e looking to expand your real estate portfolio or secure a reliable cash-flowing investment, this property checks all the boxes. Alternatively, this Home is well Suited for Families Looking to Enter the Real Estate Market. The Home is in a Fantastic neighbourhood close to Columbia International College, Westdale Secondary School, Dalewood Middle School, and George R. Allan Elementary School. Located in a high-demand area, the property is just minutes from schools, public transit, shopping, restaurants, parks, and all essential amenities.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Main | 9.09' x 8.63' | Ceramic Floor, Backsplash, Overlooks Backyard |
1 2-Piece Bathroom on Main Floor | ||||
1 3-Piece Bathroom | ||||
1 3-Piece Bathroom |
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Westdale, 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 kids aged 10 to 14, youth aged 15 to 24 and adults aged 25 to 29.
Kids Per Family
1.2
kids per family
in the neighbourhood.
54%
of residents are
single and loving it.
54% singles
Hamilton (46%)
53%
of residents
are renters.
53% renters
Hamilton (32%)
66%
of residents are
university grads.
66% university grads
Hamilton (28%)Average Household Income
$100K
is the average household
income in the neighbourhood.
Professions
Government | 20% |
Sales | 9% |
Business | 7% |
Health | 6% |
Management | 5% |
31%
of residents were
born outside of Canada.
31% immigrants
Hamilton (25%)3.9% from China
All-time
1.1% from Pakistan
Recent
Foreign Languages
Mandarin | 7% |
Arabic | 3% |
Cantonese | 2% |
Korean | 2% |
Bengali | 1% |
Religions
Christian | 42% |
Muslim | 6% |
Jewish | 4% |
Hindu | 4% |
Buddhist | 2% |