Value
Photos
Map
$974,900
ESTIMATED
6
BEDROOMS
3
BATHROOMS
X11952957
MLSID

39 Broadway Avenue, Hamilton

An exceptional LICENSED student rental in one of the most sought-after locations within a 2 minute walk of McMaster University. This turnkey investment property offers 6 spacious bedrooms, 3 full bathrooms, and 2 kitchens, currently generating $46K in annual rental income with the potential to increase to $65K+. Sitting on a spacious 45x140ft lot with a large backyard, this property offers future income expansion opportunities by creating more bedrooms in the basement or the potential of a garden suite (buyers do own due diligence). Buyers will appreciate the recent updates, including: Roof (new plywood and shingles, 2021), Exterior Waterproofing (2022), Updated Electrical (2016), New Furnace (2025), Concrete Walkway (2022) and Side Door Entrance (2023). Location is everything! Just a 2-minute walk to McMaster, Starbucks, Williams Cafe, Public Bus Stop and numerous other restaurants/shops, making this an ideal rental for students. The current lease expires in Apr 2025. Don't miss out on this high-demand investment, book your private showing today!
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Sold History

SOLD
28 March 2012
$410,000

Summary

Address
39 Broadway Avenue
Community
MLSID
X11952957
Property Type
Detached
Property Category
Bedrooms
6
Bathrooms
3
Kitchens
1 + 1
Taxes (Annual)
$5,749.00
Tax Year
2024
Published
February 3, 2025
Days on Market
155 Days
Possession Details
Immediate
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Inclusions

Dryer, Freezer, Range Hood, Refrigerator, Stove, Washer, all elfs, all window coverings

Exclusions

Tenant belongings

Details

Property Features
Golf, Park, Public Transit, School, Library, Hospital
Security Features
Smoke Detector, Carbon Monoxide Detectors
Bathroom 1
3-Piece Second Level
Bathroom 2
3-Piece Main Level
Bathroom 3
3-Piece Basement Level
Parking Spaces
2
Parking Total
2
Parking Features
Private
Architectural Style
1 1/2 Storey
Lot Width
45 Feet
Lot Depth
140 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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