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$629,000Asking Price

70 Ward Avenue, Hamilton, ON L8S 2E9

Ainslie Wood, Hamilton

Detached
6 + 1
Bedrooms
2
Baths
0
Parking
Days on Market

ATTENTION INVESTORS: Rare, turnkey student housing goldmine in highly desirable Ainslie Wood, steps to McMaster University! This detached 1.5 storey investment property completely eliminates vacancy risk with a rock-solid, fully executed lease agreement guaranteed at $4,042/month until April 2027, PLUS tenants pay all the utilities and internet! This is the current tenants' 2nd year in the property and they have expressed an interest to renew again. Boasting a highly optimized, high-density layout featuring 6 +1 bedrooms and 2 bathrooms, with the option to have a living/common area in the basement with a separate entrance! This property generates an immediate, jaw-dropping 7.8%+ gross yield with zero initial lease costs, zero vacancy downtime, and total operational stability. Unbeatable location for student renters: steps to transit, campus, local dining, and shopping. This property is the perfect add-on for a sophisticated portfolio or an ideal entry point into high-density student housing. True cash-cow opportunities like this do not last. Do the math, check the location, and submit your best offer!

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ATTENTION INVESTORS: Rare, turnkey student housing goldmine in highly desirable Ainslie Wood, steps to McMaster University! This detached 1.5 storey investment property completely eliminates vacancy risk with a rock-solid, fully executed lease agreement guaranteed at $4,042/month until April 2027, PLUS tenants pay all the utilities and internet! This is the current tenants' 2nd year in the property and they have expressed an interest to renew again. Boasting a highly optimized, high-density layout featuring 6 +1 bedrooms and 2 bathrooms, with the option to have a living/common area in the basement with a separate entrance! This property generates an immediate, jaw-dropping 7.8%+ gross yield with zero initial lease costs, zero vacancy downtime, and total operational stability. Unbeatable location for student renters: steps to transit, campus, local dining, and shopping. This property is the perfect add-on for a sophisticated portfolio or an ideal entry point into high-density student housing. True cash-cow opportunities like this do not last. Do the math, check the location, and submit your best offer!

  OPEN HOUSE
  VIRTUAL TOUR

Key Info

  • 1.5-Storey Detached
  • 0-Car Driveway
  • No Garage
  • Main St W & Emerson St
  • 1100-1500 Approximate Sq Feet
  • Basement: Apartment, Finished
  • 1 Kitchen
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 25 x 100 Feet
  • Vinyl Siding Exterior
  • Taxes were $5,247 in 2026
  • Possession: Flexible

Details

  • No Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #X13696882
  • ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Extras

Room Floor Dimensions Details
1 Kitchen Main 11.22' x 10.04' Side Door, Eat-in Kitchen, Tile Floor
2 Bathroom Main 9.15' x 6.59' 4-PieceBath
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom on Lower
left-arrow Back
Schools
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Public Catholic French
Primary
Middle
Secondary
Primary
Middle
Secondary
French Immersion Public
Commute

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59
This property has a poor transit score.
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Amenities
80
This property has a high walk score.
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0 Dog Parks
0 Daycares
1 Grocery Fortinos Hamilton Main Street
12 Coffee Spots Tim Hortons, Starbucks, CoCo Fresh Tea & Juice
49 Restaurant/Bars Emerson 109, West End Restaurant, Scar
1 Park/Rec/Gym Hha Men's Basketball League
4 Hospitals McMaster University Medical Centre, Hamilton Health Sciences, Hospitals
7 Libraries McMaster University Health Science Library, Hamilton Hlth Science, Mohawk College
13 Places of Worship Saint George's Reformed Episcopal Church, LIFT Church, Canadian Martyrs Roman Catholic Church & Saint Kateri University
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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.

Hamilton  (1.2)

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.

Hamilton  ($106K)

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

UK was once home to 2.6% of immigrants.
China 1.9%
India 1.8%
Syria 1.6%
Bangladesh 1.4%

2.6% from UK
All-time

Birthplace - Recent

Bangladesh was once home to 0.8% of immigrants.
Syria 0.6%
India 0.4%
Iran 0.4%
UK 0.2%

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%