Average square foot calculated using Size range provided by listing agent.
Description
High Demand Ainslie Wood Prime Investment Opportunity Awaits the Savvy Investor! Currently Tenanted through to April 30th, 2026, at a Gross Monthly Rent of $5, 950/month/Annual Gross Rental Income of $71, 400. Working with a CAP Rate of 6.9% based on Average Annual Expenses est.@$15k. Located within a 5 Minute Walk to McMaster University Campus! 3 Updated Kitchens, 7 Spacious Bedrooms, 3 Bathrooms, Laminate Flooring, Private Driveway for 4 cars, Smoke & CO2 Alarms In Each Bedroom, Digital Locks On Entry Doors, Large 40 x 141 ft lot. Backyard Shed. Egress Basement Windows For Safety. 200 Amp Breaker Box With ESA Certificate (2015). All Bedroom Doors W/Keyed Locks. Furnace/AC Systems(2015), Owned Tankless Water Heater(2016), Vinyl Windows. Just minutes from McMaster University, McMaster Children's Hospital and Westdale shopping districts. Easy access to QEW and public transit. **EXTRAS** Fully Waterproofed Delta Membrane To Weepers, 3/4Inch Main Water Line, Premium Vinyl Siding (2012)Show Description