Description

 Price: $ 845,000.00 MLS^®: X13041366         Location : 142 Ewen Road, Hamilton, ON L8S 3C7

Turnkey Cash-Flow Opportunity Near McMaster! Exceptional 7-bedroom, 3-bathroom income property offering 2,068 sq ft of above-grade living space on a generous 60x145 ft lot in prime Ainslie Wood. City of Hamilton Licensed rental property(1 unit, 7 bedrooms). Designed for strong rental performance, the home features 3 full bathrooms (one on each floor), three separate entrances (front, side and rear), and parking for up to 8 vehicles. The main floor bedroom includes a wet sink and kitchen setup with excellent potential to convert into a self-contained 1-bedroom suite with separate rear access. Durable metal roof, spacious and bright interior with abundant natural light throughout. A separate detached garage adds flexibility and additional value. Currently generating $5,600/month in rental income, delivering solid positive cash flow. With its expansive layout, there is also potential to add two additional bedrooms (buyer to verify), further enhancing income potential. A rare scalable investment opportunity in one of Hamilton's most sought after rental pocket. 2023 Furnace, AC and Fridge.

Location Description

Main & Ewen

Property Details

• Community: Ainslie Wood
• Property Type: Tenant/Residential Freehold
• Bedrooms: 7
• Bath: 3
• Garages: Detached

Building Features

• Foundation Type: Poured Concrete
• Construction Material: Vinyl Siding
• Total Parking Space: 8

Features

• Heating: Forced Air Gas
• Sewer: Sewer ,