- Type: Residential
- Style: Bungalow Raised "Detached"
- Bedrooms: 10 "Above Grade: 5, Below Grade: 5"
- Bathrooms: 2
- Garage: "# Driveway spaces: 4.0, Driveway: Private Double Wide"
- Lot Size: 1430 sq. ft. 64.83ft x 106.41ft "64.83 X 106.41, Rectangular"
- MLS ® #: H4044175
Single Family home currently tenanted. 5 min. Walk to Mc Master University.\r\nParking for 4 to 6 cars.Two Kitchens, 2 baths. Fully fire regulation compliant.\r\nHome has 10 student rooms on group lease for $5350.00 per month plus utilities. Less, Expenses of $609.00 equal $4,741.00 net before debt service. Assumable existing mortgage, 25 yr amort, 4.1% of $588,200 with payments of $3,129.00 per month.\r\nPositive Cash flow is $2,221.00 per month. This is a 0.75% annual return on the $356,200 down payment \r\nBelow is a link to a feature article from the Canadian Real Estate Wealth Publication. "Where to find Ontario's best Student Housing."\r\n for a positive read on Hamilton Student housing investments.\r\n\r\nPlease copy and past to your address bar\r\nfile:///C:/Users/Ron/Desktop/Where%20to%20find%20Ontario's%20best%20student%20housing.html
Cooling: AC Type: Central Air
Interior Features: Power: 240 Volts
Interior Features: Auto Garage Door Remote(s), Carpet Free, Central Vacuum Roughed-in, Fire Alarm System
Interior Features: Fireplaces: Wood
Interior Features: Kitchens: 2, 1 above grade, 1 below grade
Interior Features: 1 3-Piece Bathroom, 1 4-Piece Bathroom, 2 Ensuites
Exterior Finish: Brick
Heating: Gas, Forced Air
Extra Features: Area Features: Hospital, Schools
Inclusions: 2 stoves, 3 fridges, washer, dryer, dishwasher, 2 microwave ovens all as viewed by buyer all in as is condition., Exclusions: Tenant possessions.
Foundation: Concrete Block
Laundry Access: In-Suite
Lot Features: Urban
Sewer/Water Systems: Sewers: Sewer
Brokered and Advertised by :
RE/MAX Escarpment Realty Inc.
Information is deemed to be correct but not guaranteed.
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