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$629,000
Ontario,Hamilton (Ainslie Wood)
For Sale Active
70 WARD AVENUE, Hamilton (Ainslie Wood), Ontario L8S2E9
  • 7
  • 2
  • 1100 - 1500Square Feet
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Basic Details
Description

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! (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X13696882
  • Price: $629,000
  • Bedrooms: 7
  • Bathrooms: 2
  • Square Footage: 1100 - 1500 Sqft
  • Status: Active
  • Office Name: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
  • Property Sub Type: Single Family
  • Office Key: 283410
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, N/A, Walk-up, Apartment in basement, Separate entrance
  • Parking: No Garage
  • Exterior Features: Vinyl siding
  • Flooring: Tile, Laminate
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Hamilton (Ainslie Wood), L8S2E9
  • Street: Ward
  • Street Number: 70
  • Street Suffix: Avenue
  • Longitude: W80° 4' 41.8''
  • Latitude: N43° 15' 16.7''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 25 x 100 FT
  • Stories: 1.5
Financial
  • Tax Annual Amount: 5247.88
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Listing updated: 2026-08-21 06:48:47
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Listing Information
  • List Agent Key: 1960251
  • List Office Key: 283410
  • Modification Timestamp: 2026-08-20T18:10:06Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-08-20T18:04:12Z
Powered by REALTOR.ca
Listing updated: 2026-08-21 06:48:48
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