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81 HOLMES AVENUE, Hamilton (Ainslie Wood) — listed at $630,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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!! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 3.35 x 3.05 meters |
| Bedroom | Basement | 2.74 x 3.35 meters |
| Living room | Main level | 3.05 x 3.66 meters |
| Dining room | Main level | 1.83 x 1.83 meters |
| Bedroom | Main level | 3.05 x 3.66 meters |
| Bedroom 2 | Second level | 6.1 x 4.57 meters |
| Bedroom 3 | Second level | 3.35 x 3.05 meters |
| Bedroom 4 | Basement | 4.27 x 2.44 meters |
| Bedroom 5 | Basement | 3.66 x 3.05 meters |
Is 81 HOLMES AVENUE a good fit for a growing family?+
With 6 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office. The 1.5-storey layout keeps living and sleeping areas separated.
What's the parking situation?+
This property includes 0 spaces — No Garage.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,811.85, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
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