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Property Features & Amenities
Cultural & Historical Insights
Feng Shui
The property faces east, which is considered auspicious for attracting positive energy and prosperity.
Numerology
The address number 39 can be broken down to 3 + 9 = 12, and 1 + 2 = 3, which symbolizes creativity and growth.
Historical Facts
- Ainslie Wood has a rich history tied to the development of Hamilton and is known for its proximity to educational institutions.
- The area has seen significant growth and development over the past few decades.
Community Character
Ainslie Wood is characterized by its family-friendly atmosphere, diverse community, and strong ties to local educational institutions, making it an ideal place for families and students alike.
Access to public transit in 39 Broadway, Hamilton
Access to public transit in 39 Broadway, Hamilton
Welcome to an exceptional investment opportunity with this remarkable property for sale in Hamilton (Ainslie Wood). Nestled just a two-minute stroll from McMaster University, this licensed student rental boasts six spacious bedrooms and three full bathrooms, perfectly tailored for students seeking comfortable living arrangements. With a current annual rental income of $46,000, and the potential to increase to $65,000+, this property presents a lucrative opportunity for savvy investors.
Prime Location and Spacious Living
This property features two well-equipped kitchens and ample living space across its generous 45×140 ft lot, allowing for future expansion opportunities. Consider the possibilities of adding more bedrooms in the basement or even developing a garden suite—enhancing your investment portfolio even further (buyers are encouraged to conduct their own due diligence). The large backyard is perfect for outdoor gatherings or relaxing evenings under the stars, making it an attractive option for tenants.
Modern Upgrades for Peace of Mind
Investors will appreciate the recent updates made to this property, ensuring that it meets modern standards while providing peace of mind. Notable improvements include a new roof (with plywood and shingles installed in 2021), exterior waterproofing completed in 2022, updated electrical systems from 2016, and a new furnace set to be installed in 2025. Additionally, the concrete walkway was added in 2022, along with a new side door entrance in 2023, all contributing to the property’s overall functionality and aesthetic appeal.
The vibrant neighborhood surrounding this property is not only a major draw for tenants but also a key factor in its investment potential. With numerous cafes like Starbucks and Williams Cafe just a short walk away, as well as convenient access to public transportation and a variety of shops and restaurants, this location is ideal for students and young professionals alike. The current lease is in place until April 2025, providing immediate cash flow while you explore further enhancements to the property.
Don’t miss out on this high-demand property for sale in Hamilton (Ainslie Wood). Schedule your private showing today and take the first step towards owning this extraordinary investment opportunity in a prime location. With its excellent rental history and potential for growth, this property is sure to attract attention—act now before it’s gone!
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