About this home

ATTENTION INVESTORS! Currently licensed McMaster-area rental generating $61,200 in gross annual income. Situated on a quiet court in sought-after Ainslie Wood, this detached 3+3 bedroom bungalow offers an established rental setup close to McMaster University, transit, shopping and everyday amenities. Currently rented for $5,100 per month, with tenants paying all utilities except water. The property is leased until May 2027, providing immediate rental income from closing. Buyers must assume the existing tenancy. The functional layout features three main-floor bedrooms, a spacious kitchen, separate dining area and full bathroom. The finished lower level offers three additional bedrooms, a recreation area, second full bathroom and convenient kitchenette. Outside, the property provides parking for three vehicles and a private backyard with no rear neighbours. An excellent opportunity to acquire a licensed, fully tenanted, income-producing detached property in one of Hamilton's strongest student-rental locations. Offers will be reviewed September 3, 2026.

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