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$839,000
Ontario,Hamilton
For Sale Active
131 LELAND Street, Hamilton, Ontario L8S3A3
  • 8
  • 2
  • 2,000 Sqft
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Basic Details
Description

Your next McMaster University investment opportunity 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 for buyer’s own use or future tenant selection. Updated detached home situated on a quiet dead-end street on a

premium 45×100 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, making it ideal for student rentals. 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 available semi-furnished with twin beds, study tables, and chairs. Fantastic location for student demand with excellent long-term rental stability and truly hassle-free investment potential. Strong cash flow opportunity currently generating ~$6,620/month in rental income. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 40826998
  • Price: $839,000
  • Bedrooms: 8
  • Bathrooms: 2
  • Square Footage: 2,000 Sqft
  • Year Built: 1951
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 284641
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
  • Basement: Finished, Full
  • Parking: None
  • Exterior Features: Wood
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Hamilton, 113 - Ainslie Wood, L8S3A3
  • Street: LELAND
  • Street Number: 131
  • Street Suffix: Street
  • Longitude: W80° 4' 30.8''
  • Latitude: N43° 15' 5.6''
Additional Information
  • Water Source:
  • Construction Materials:
  • Foundation Details:
  • Stories: 1.5
Financial
  • Tax Annual Amount: 5853.8
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Listing updated: 2026-05-08 12:11:46
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Listing Information
  • List Agent Key: 1938787
  • List Office Key: 284641
  • Modification Timestamp: 2026-05-08T16:50:48Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-05-08T16:41:22Z
Powered by REALTOR.ca
Listing updated: 2026-05-08 12:11:46
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