39 Broadway Ave

Hamilton | Ainslie Wood | L8S 2V6
  • 6
  • 3
  • 0

$974,900

Est. Mtg $3,305 /mo
  • Days on market

    75

  • Status

    New

Listing Broker EXP REALTY
Since listed: 5 views

Home details

MLS #:

X11952957

Property type:
Detached
Style:
1 1/2 Storey
Taxes:
$5,749
Possession:
Immediate
Lot Front:
45.0   Feet
Lot Depth:
140.0   Feet
Basement:
Finished | Sep Entrance
Driveway Pkg:
2
Heat:
Gas | Forced Air

Description


39 Broadway Ave, , Hamilton, Ontario is a Detached property in Hamilton and in the Ainslie Wood community in the L8S 2V6 postal code


An exceptional LICENSED student rental in one of the most sought-after locations within a 2 minute walk of McMaster University. This turnkey investment property offers 6 spacious bedrooms, 3 full bathrooms, and 2 kitchens, currently generating $46K in annual rental income with the potential to increase to $65K+. Sitting on a spacious 45x140ft lot with a large backyard, this property offers future income expansion opportunities by creating more bedrooms in the basement or the potential of a garden suite (buyers do own due diligence). Buyers will appreciate the recent updates, including: Roof (new plywood and shingles, 2021), Exterior Waterproofing (2022), Updated Electrical (2016), New Furnace (2025), Concrete Walkway (2022) and Side Door Entrance (2023). Location is everything! Just a 2-minute walk to McMaster, Starbucks, Williams Cafe, Public Bus Stop and numerous other restaurants/shops, making this an ideal rental for students. The current lease expires in Apr 2025. Don't miss out on this high-demand investment, book your private showing today!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2025-02 2025-02 $974,900 $974,900 New X11952957

Comparables

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sold Date Address List Price sold Price DOM
2024-02 222 Haddon Ave S, $799,900 $830,000 6
2023-08 345 Whitney Ave, $799,900 $780,000 14
2022-03 76 Holmes Ave, $499,000 $582,000 5
2021-11 81 Holmes Ave, $639,900 $630,000 11
2021-11 80 Holmes Ave, $664,900 $644,000 6
2021-03 33 Hollywood St N, $769,900 $759,000 49
2020-01 21 Binkley Rd, $750,000 $722,000 23

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Hamilton :

Properties sold
Average sale price
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Year on Year Growth

Municipality activity All Property Types

Sale activity

Hamilton :

Average sale price
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Year on Year Growth


Estimated running costs for 39 Broadway Ave

Based on available 3rd party data

$3919

Approximate costs per month

Mortgage
$3305 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$479 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Golf
  • Hospital
  • Library
  • Park
  • Public Transit
  • School
Listing Broker EXP REALTY
Data Source: TRREB

Payment calculator

$3784 monthly. In association with: TD Bank
%
  • Principal and Interest
    3305 /mo
  • Property Taxes
    $479 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ben Pourkamali, Realtor

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