86 Whitney Avenue Hamilton, Ontario L8S 2G5

$949,800

Turn-key opportunity close to McMaster University. This fully licensed, legal two-family detached home is a rare find for savvy investors or parents of McMaster University students! Thoughtfully updated and ready to go, this property offers over 1950 sq. ft. of total finished living space, including a fully finished legal secondary basement suite with a separate entrance, its own kitchen, and private laundry. Nestled within walking distance of McMaster University, this gem boasts recent upgrades: 2023 roof and attic insulation, 2022 front porch stairs and railings, and 2019 basement waterproofing with weeping tiles. The new legal-size basement window wells ensure safety and natural light for future tenants. With a spacious asphalt driveway fitting up to three cars, two City of Hamilton rental licenses for separate units, and unbeatable proximity to campus, this property is perfect for multiple scenarios: Investors can start collecting rent immediately with no work needed. Parents of McMaster students can secure a safe, comfortable home for their kids while building equity. Families can enjoy the main level and supplement income by leasing the basement. Bonus potential: A possibility to convert the attic into additional living space (buyer due diligence) Large 55.5 ft. by 100 ft. lot with huge back yard with potential. Currently rented generating a monthly revenue of $6800.00 from two units. (id:50964)

Property Details

Building

Land

Rooms

https://www.realtor.ca/real-estate/27783242/86-whitney-avenue-hamilton