Discover an exceptional investment opportunity ideally located within walking distance to McMaster University. This recently renovated property is perfectly suited for student housing, offering strong rental potential and consistent demand. It is also an excellent option for families, with the opportunity to generate additional rental income from the fully independent basement. With a total of 6 bedrooms, this property allows for maximum rental income by leasing each room individually. (Rental Income in this case can reach to approximately $4400/month). A spacious backyard adds to the appeal, offering plenty of room for outdoor enjoyment. Whether you are an investor looking to expand your portfolio or seeking a versatile home near a major university, this opportunity delivers both convenience and profitability. (id:4069)
Address
29 THORNDALE STREET S
List Price
$750,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
Bungalow
Transaction Type
Sale
Area
Ontario
Sub-Area
Hamilton (ainslie Wood)
Bedrooms
6
Bathrooms
2
Floor Area
700 - 1100 Sq. Ft.
Lot Size
40 x 100 FT Sq. Ft.
Lot Depth
100 ft
Frontage Length
40 ft
MLS® Number
X14112638
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Basement Area
N/A, N/A (Finished)
Postal Code
L8S3A7
Ownership
Freehold
Parking Places (Total)
4
Features
Carpet Free
Appliances
Blinds, Dryer, Microwave, Two stoves, Washer, Two Refrigerators
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
Central air conditioning
Fireplace
Yes
Foundation Details
Concrete
Other Structures
Shed
Number Of Floors In Building
1
Water Source
Municipal water
Sewer
Sanitary sewer
