$829,900Asking Price
Welcome to 47 Dalewood Crescent, a well-maintained 2.5-storey brick home just steps from McMaster University. Currently configured as a licensed 5-bedroom student rental, this property is fully tenanted and offers a turnkey investment opportunity in one of Hamilton's most desirable student rental locations. The home features 5 spacious bedrooms and 2 full bathrooms, providing comfortable and functional living space for tenants. Rich in original character, the home showcases wood floors, an original fireplace, coffered ceiling, and charming stained glass windows, adding warmth and timeless appeal. Parking is convenient with space for 2 vehicles in the driveway plus an attached garage. Ideally located in the vibrant Westdale neighbourhood, you're within walking distance to McMaster University, Westdale Village, schools, parks, trails, restaurants, shopping, and a recreation centre, with easy highway access for commuting. The current tenant group vacates April 30th, with a new group scheduled to move in May 1st, offering seamless rental continuity. There is also potential to finish the large basement and add an additional bedroom for increased future income. A rare opportunity to own a licensed student rental in a prime location-perfect for investors or parents seeking secure housing for their students. Rental Licence, ESA inspection, financials, floor plans, and area information available. Location, Location!
Welcome to 47 Dalewood Crescent, a well-maintained 2.5-storey brick home just steps from McMaster University. Currently configured as a licensed 5-bedroom student rental, this property is fully tenanted and offers a turnkey investment opportunity in one of Hamilton's most desirable student rental locations. The home features 5 spacious bedrooms and 2 full bathrooms, providing comfortable and functional living space for tenants. Rich in original character, the home showcases wood floors, an original fireplace, coffered ceiling, and charming stained glass windows, adding warmth and timeless appeal. Parking is convenient with space for 2 vehicles in the driveway plus an attached garage. Ideally located in the vibrant Westdale neighbourhood, you're within walking distance to McMaster University, Westdale Village, schools, parks, trails, restaurants, shopping, and a recreation centre, with easy highway access for commuting. The current tenant group vacates April 30th, with a new group scheduled to move in May 1st, offering seamless rental continuity. There is also potential to finish the large basement and add an additional bedroom for increased future income. A rare opportunity to own a licensed student rental in a prime location-perfect for investors or parents seeking secure housing for their students. Rental Licence, ESA inspection, financials, floor plans, and area information available. Location, Location!
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 8.66' x 18.01' | |
| 2 | Foyer | Main | 6.59' x 9.32' | |
| 1 4-Piece Bathroom | ||||
| 1 3-Piece Bathroom | ||||
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Westdale, 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 kids aged 10 to 14, youth aged 15 to 24 and adults aged 25 to 29.
Kids Per Family
1.2
kids per family
in the neighbourhood.
54%
of residents are
single and loving it.
54% singles
Hamilton (46%)
53%
of residents
are renters.
53% renters
Hamilton (32%)
66%
of residents are
university grads.
66% university grads
Hamilton (28%)Average Household Income
$100K
is the average household
income in the neighbourhood.
Professions
| Government | 20% |
| Sales | 9% |
| Business | 7% |
| Health | 6% |
| Management | 5% |
31%
of residents were
born outside of Canada.
31% immigrants
Hamilton (25%)3.9% from China
All-time
1.1% from Pakistan
Recent
Foreign Languages
| Mandarin | 7% |
| Arabic | 3% |
| Cantonese | 2% |
| Korean | 2% |
| Bengali | 1% |
Religions
| Christian | 42% |
| Muslim | 6% |
| Jewish | 4% |
| Hindu | 4% |
| Buddhist | 2% |