54 South Oval Hamilton, Ontario L8S 1P8
$929,000
Investing in this property offers a prime location, just a 7-minute walk from McMaster University,Innovation Park, and the Children's Hospital, making it highly attractive for academic professionals, hospital staff, and students. Additionally, the house comes fully furnished, reducing upfront costs and moving damages and accelerating rental readiness. A standout feature is the guaranteed rental income of up to $75,000 per year providing financial stability and predictability through April 2025. Furthermore, the offer includes a full year of complimentary property management services, ensuring hassle-free operations. 6 rooms out of 7 are actually rented to female-only tenants with a potential to add one more tenant. This combination of strategic location,ready-to-use amenities, financial incentives, and targeted tenant policy makes this property a compelling investment opportunity. Westdale is Vibrant, close-knit, academic hub near parks and essential amenities. **** EXTRAS **** Leverage a prime location near McMaster University to attract clients! Benefit from a unique 2.5% co-promotion rate, above Hamiltons average, maximizing your earnings while offering properties in a vibrant area. Ideal for savvy investors! (id:50787)
Property Details
| MLS® Number | X8318436 |
| Property Type | Single Family |
| Community Name | Westdale |
| Parking Space Total | 3 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 6 |
| Basement Development | Finished |
| Basement Features | Apartment In Basement, Walk Out |
| Basement Type | N/a (finished) |
| Construction Style Attachment | Detached |
| Exterior Finish | Brick, Wood |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | House |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Irregular | 30 X 94 Ft |
| Size Total Text | 30 X 94 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.9 m | 2.92 m | 3.9 m x 2.92 m |
| Second Level | Bedroom 2 | 3.07 m | 3.26 m | 3.07 m x 3.26 m |
| Second Level | Bedroom 3 | 3.84 m | 2.83 m | 3.84 m x 2.83 m |
| Second Level | Bathroom | Measurements not available | ||
| Basement | Bathroom | Measurements not available | ||
| Basement | Bedroom 4 | 2.68 m | 3.93 m | 2.68 m x 3.93 m |
| Basement | Bedroom 5 | 2.71 m | 4 m | 2.71 m x 4 m |
| Basement | Laundry Room | 2.92 m | 2.62 m | 2.92 m x 2.62 m |
| Ground Level | Living Room | 3.71 m | 3.96 m | 3.71 m x 3.96 m |
| Ground Level | Kitchen | 2.52 m | 4.48 m | 2.52 m x 4.48 m |
https://www.realtor.ca/real-estate/26865600/54-south-oval-hamilton-westdale
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May 14 2024 06:00:03
Toronto Real Estate Board
Royal LePage Signature Realty