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PRIME INVESTMENT OPPORTUNITY Exceptional income-generating property perfectly situated within walking distance of McMaster University. Whether you're a seasoned investor or exploring your first rental opportunity, this turn-key property offers unbeatable value and consistent returns.This spacious and well-maintained home boasts 6 bedrooms and 2 kitchens, thoughtfully laid out to provide privacy, comfort, and practicalityan ideal setup for student housing. The fully tenanted basement adds immediate rental income and has the potential to generate approximately $4,800/month in gross rental income for the entire property.Student renters are drawn to the unbeatable convenience and vibrant neighbourhood, ensuring a strong and consistent tenant pool year-round. Whether your'e looking to expand your real estate portfolio or secure a reliable cash-flowing investment, this property checks all the boxes. Alternatively, this Home is well Suited for Families Looking to Enter the Real Estate Market. The Home is in a Fantastic neighbourhood close to Columbia International College, Westdale Secondary School, Dalewood Middle School, and George R. Allan Elementary School. Located in a high-demand area, the property is just minutes from schools, public transit, shopping, restaurants, parks, and all essential amenities.
Include 1 Stove, 1 Fridges, 1 Microwave, 1 Washer, 1 Dryer, New Roof (2021), New Furnace (2021), New Air Conditioner (2021). Furnace, A/C & Water Heater Are Rentals.
City: Hamilton
Neighborhood: Westdale
Purchase Price | $899900 |
Down Payment | $179980 |
Mortgage Insurance | $0 |
Total Mortgage | $719920 |
Mortgage Payment | $4436 |
Property Taxes | $675 |
Maintenance Fees | $0 |
Monthly Payment | $5111 |
Sold Comparables homes near 88 Arkell St, Hamilton
Located at 88 Arkell St , this Hamilton house is available for sale. This property was listed for $899,900 on Mon Jul 07 2025. This house's size is 1100-1500 Sqft. It has 4 bedrooms and 3 bathrooms. The property includes the following rooms: Kitchen, 4th Br, Living, Dining, Br, 2nd Br, 3rd Br, 5th Br, Br, Kitchen. This property comes with 5 parking spots. 88 Arkell St, Hamilton is situated in the Westdale neighbourhood.
MLS#: X12266419 · $899,900 · 4 bedroom house in Westdale, Hamilton