$630,000
Est. payment $2,790/moCalculate yours
81 Holmes Avenue, Hamilton, ON L8S 2K8
Ainslie Wood, Hamilton, ON L8S 2K8
- 6 Beds
- 2 Baths
- 700 Sq Ft
Listing courtesy of EXP REALTY MLS® X13871464
About this home
Prime McMaster University Student Rental Investment! This Turnkey 6-Bedroom, 2-Bathroom Home Is Currently Fully Rented To Students And Generates Approximately $4,900/Month In Rental Income, Or $58,800 Annually. Featuring 3 Bedrooms On The Main Level And 3 Bedrooms On The Lower Level, This Property Offers An Ideal Layout For Student Tenants. Excellent Location Just Minutes To McMaster University, McMaster Hospital, Shopping, Restaurants And Public Transit. Numerous Recent Updates Include New Laminate Flooring And Freshly Painted Throughout In 2022, New Furnace In 2023, And New Washer & Dryer In 2024. A Strong Cash-Flowing Investment With Excellent Student Rental Demand And Convenient Access To McMaster University. Perfect For Investors Looking For A Turnkey Income Property With Significant Rental Income And Long-Term Investment Potential! MUST SEE!!
Property details
Overview
- Property Type
- Detached
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- New
- Size
- 700 sqft
Interior
- Bedrooms
- 6
- Bathrooms
- 2
- Kitchens
- 1
- Total Rooms
- 6
- Basement
- Finished, Full
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick Front, Metal/Steel Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 25.05 x 100.16 Feet
- Parking
- None garage
Financial
- Property Taxes
- $4,812 (2026)
Location
- Neighbourhood
- Ainslie Wood
- Cross Street
- Leland Ave/ Whitney St
- Direction Faces
- North
Listing
- MLS® Number
- X13871464
- Days on Market
- 11
- Listed On
- 2026-10-07
- Possession
- 30/45/60
- Listed By
- EXP REALTY
Rooms
Features
Interior
- Carpet Free
Pool
- None
Mortgage calculator
Estimated mortgage payment
$2,790 per month
- Principal and interest
- $2,790
- Property tax
- $401
- Condo fees
- $0
- Estimated monthly cost
- $3,190
Your mortgage
- Mortgage amount
- $504,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $332,851
Cash to close
- Down payment
- $126,000
- Land transfer tax
- $9,075
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $135,075
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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