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 Café, 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!
EXP Realty
$974,900
39 Broadway Avenue, Hamilton, Ontario
6 Bedrooms
3 Bathrooms
Property
MLS® Number: 40688933
Address: 39 Broadway Avenue
City: Hamilton
Style: 1.5 Storey
Lot Size: 140.0ft x 45.0ft
Utilities
Central Air: Yes
Heating: Forced Air
Parking
Parking Spaces: 2
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Property Sale History
Travel and Neighbourhood
80/100Walk Score®
Very Walkable
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Location
