$799,800Asking Price
224 Broadway Avenue, Hamilton, ON L8S 2W6
Ainslie Wood, Hamilton
Excellent investment opportunity in a prime Hamilton location, just a short walk to McMaster University and close to all major amenities including shopping, transit, and dining. This licensed rental property with the City of Hamilton is an ideal turnkey investment, currently tenanted and generating income.The property has been well maintained with several key updates completed, including new eavestroughs, gutters, and downspouts (2020), a new laundry dryer (2024), and professionally renovated staircases from the main floor to both the second floor and basement (2018). A 7x7 shed was added in 2019 for additional storage, and all hardwired smoke and carbon monoxide detectors were recently replaced in January 2026 for added safety and compliance.A fantastic opportunity for investors seeking a well-located, income-producing property in a highly desirable student rental area.Tenant agreements in place from May 2026 through April 2027.
Excellent investment opportunity in a prime Hamilton location, just a short walk to McMaster University and close to all major amenities including shopping, transit, and dining. This licensed rental property with the City of Hamilton is an ideal turnkey investment, currently tenanted and generating income.The property has been well maintained with several key updates completed, including new eavestroughs, gutters, and downspouts (2020), a new laundry dryer (2024), and professionally renovated staircases from the main floor to both the second floor and basement (2018). A 7x7 shed was added in 2019 for additional storage, and all hardwired smoke and carbon monoxide detectors were recently replaced in January 2026 for added safety and compliance.A fantastic opportunity for investors seeking a well-located, income-producing property in a highly desirable student rental area.Tenant agreements in place from May 2026 through April 2027.
See MoreKey Info
- 2-Storey Detached
- 0-Car Driveway
- No Garage
- Broadway Ave/Willowcrest Ave
- 1500-2000 Approximate Sq Feet
- Basement: Crawl Space, Unfinished
- 1 Kitchen
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 40 x 130 Feet
- Aluminum Siding Exterior
- Taxes were $6,984 in 2026
- Possession: flexible/ immediate
Details
- No Fireplace
- Family Room
- Sewers
- Municipal Water
- MLS #X12941728
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 3-Piece Bathroom on Main Floor | |||
| 1 2-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom | |||
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Who lives here?
Ainslie Wood, Hamilton is a west GTA neighbourhood notable for its singles, renters, university grads and health and education, law & public sector professionals. It has a higher than average population of immigrants, and Mandarin speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 34.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Singles
60%
of residents are
single and loving it.
60% singles
Hamilton (46%)Renters
58%
of residents
are renters.
58% renters
Hamilton (32%)Education
47%
of residents are
university grads.
47% university grads
Hamilton (28%)Income
Average Household Income
$77K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 14% |
| Government | 12% |
| Business | 8% |
| Health | 6% |
| Trades | 5% |
Immigrants
27%
of residents were
born outside of Canada.
27% immigrants
Hamilton (25%)Birthplace - All
2.6% from UK
All-time
Birthplace - Recent
0.8% from Bangladesh
Recent
Foreign Languages
Foreign Languages
| Mandarin | 6% |
| Arabic | 3% |
| German | 1% |
| Spanish | 1% |
| Cantonese | 1% |
Religions
Religions
| Christian | 59% |
| Muslim | 5% |
| Hindu | 3% |
| Jewish | 3% |
| Buddhist | 1% |
