PRIME INVESTMENT OPPORTUNITY Exceptional income-generating property perfectly situated within walking distance of McMaster University. Whether you're a seasoned investor or exploring your first rental opportunity, this turn-key property offers unbeatable value and consistent returns.This spacious and well-maintained home boasts 6 bedrooms and 2 kitchens, thoughtfully laid out to provide privacy, comfort, and practicalityan ideal setup for student housing. The fully tenanted basement adds immediate rental income and has the potential to generate approximately $4,800/month in gross rental income for the entire property.Student renters are drawn to the unbeatable convenience and vibrant neighbourhood, ensuring a strong and consistent tenant pool year-round. Whether your'e looking to expand your real estate portfolio or secure a reliable cash-flowing investment, this property checks all the boxes. Alternatively, this Home is well Suited for Families Looking to Enter the Real Estate Market. The Home is in a Fantastic neighbourhood close to Columbia International College, Westdale Secondary School, Dalewood Middle School, and George R. Allan Elementary School. Located in a high-demand area, the property is just minutes from schools, public transit, shopping, restaurants, parks, and all essential amenities. (id:2493)
Data was last updated July 8, 2025 at 09:45 AM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$275,000
Min list price:
$275,000
Max list price:
$3,595,000
Avg days on market:
27
Min days on market:
1
Max days on market:
322
Avg price per sq.ft.:
$340.02
These statistics are generated based on the current listing's property type
and located in
Westdale. Average values are
derived using median calculations.
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