Sean Kim
Broker
$899,900
Available - For Sale
Listing ID: X12266419
88 Arkell Stre , Hamilton, L8S 1N7, Hamilton
| 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. |
| Price | $899,900 |
| Taxes: | $8099.50 |
| Occupancy: | Tenant |
| Address: | 88 Arkell Stre , Hamilton, L8S 1N7, Hamilton |
| Directions/Cross Streets: | Main Street West & Newton |
| Rooms: | 7 |
| Rooms +: | 3 |
| Bedrooms: | 4 |
| Bedrooms +: | 2 |
| Family Room: | T |
| Basement: | Finished, Apartment |
| Level/Floor | Room | Length(m) | Width(m) | Descriptions | |
| Room 1 | Main | Kitchen | 2.77 | 2.63 | Ceramic Floor, Backsplash, Overlooks Backyard |
| Room 2 | Main | Bedroom 4 | 3.2 | 3 | Hardwood Floor, Window, Closet |
| Room 3 | Main | Living Ro | 19.33 | 5.9 | Hardwood Floor, Combined w/Dining, Fireplace |
| Room 4 | Main | Dining Ro | 19.33 | 5.9 | Hardwood Floor, Combined w/Living, Overlooks Backyard |
| Room 5 | Second | Bedroom | 3.5 | 3.2 | Hardwood Floor, Window, Closet |
| Room 6 | Second | Bedroom 2 | 3.5 | 3.5 | Hardwood Floor, Window, Closet |
| Room 7 | Second | Bedroom 3 | 6.4 | 3.2 | Hardwood Floor, Window, Closet |
| Room 8 | Basement | Bedroom 5 | |||
| Room 9 | Basement | Bedroom | |||
| Room 10 | Basement | Kitchen |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 2 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 3 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | Detached |
| Drive Parking Spaces: | 4 |
| Pool: | None |
| Approximatly Square Footage: | 1100-1500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| HOMELIFE/BAYVIEW REALTY INC. |
|
|
Sean Kim
Broker
Dir:
416-998-1113
Bus:
905-270-2000
Fax:
905-270-0047
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Westdale |
| Style: | 2-Storey |
| Tax: | $8,099.5 |
| Beds: | 4+2 |
| Baths: | 3 |
| Fireplace: | Y |
| Pool: | None |
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