Kitchen (3.05 × 3.35)
Level: Main
81 Holmes Ave
Ainslie Wood, Hamilton, Ontario L8S 2K8
Description
Prime McMaster University Student Rental Investment! This Turnkey 6-Bedroom, 2-Bathroom Home Is Currently Fully Rented To Students And Generates Approximately $4,900/Month In Rental Income, Or $58,800 Annually. Featuring 3 Bedrooms On The Main Level And 3 Bedrooms On The Lower Level, This Property Offers An Ideal Layout For Student Tenants. Excellent Location Just Minutes To McMaster University, McMaster Hospital, Shopping, Restaurants And Public Transit. Numerous Recent Updates Include New Laminate Flooring And Freshly Painted Throughout In 2022, New Furnace In 2023, And New Washer & Dryer In 2024. A Strong Cash-Flowing Investment With Excellent Student Rental Demand And Convenient Access To McMaster University. Perfect For Investors Looking For A Turnkey Income Property With Significant Rental Income And Long-Term Investment Potential! MUST SEE!!
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13871464
- Board
- TRREB MLS®
- Days on market
- Tax
- $4,812
- Size
- 700-1100 sqft
- Lot
- 25.05 × 100.16 Feet
- Parking
- None, 0 Parking
Listing History
Buy/Sell history for 81 Holmes Ave, Hamilton, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $630,000 | N/A | For Sale | X13871464 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Detached
- Style
- 1 1/2 Storey
- Community
- Ainslie Wood
- Municipality
- Hamilton
Inside
- Bedrooms
- 6
- Bathrooms
- 2
- Bathroom Detail
- 1, 3pc
- Bathroom Detail
- 1, 4pc
- Basement Type
- Finished
- Kitchens
- 1
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Building
- Size
- 700-1100 sqft
- Construction
- Brick Front
Parking
- Driveway
- None
- Garage Type
- None
- Add. Parking
- 0
- Total Parking
- 0
Land
- Sewer
- Sewers
- Lot Size
- 25.05 × 100.16 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Y
- Pool
- None
- Den
- Y
- Family room
- Y
Rooms (10)
Living (3.66 × 3.05)
Level: Main
Dining (1.83 × 1.83)
Level: Main
Br (3.66 × 3.05)
Level: Main
2nd Br (4.57 × 6.1)
Level: 2nd
3rd Br (3.05 × 3.35)
Level: 2nd
4th Br (2.44 × 4.27)
Level: Bsmt
5th Br (3.05 × 3.66)
Level: Bsmt
Br (3.35 × 2.74)
Level: Bsmt
Room 10
Level not provided
Location
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$2,888
- Down payment$126,000
- Mortgage amount$504,000
- Total interest$362,400
- Total cost$992,400
Cash flow analysis
$2,888
Total monthly payment
$3,289
Break-even down payment
100%
Cash flow-$3,289
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$630,000
$630,000
CAD
Estimated market value
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