$899,900Asking Price
88 Arkell Street, Hamilton, ON L8S 1N7
Westdale, Hamilton
PRIME INVESTMENT OPPORTUNITY Exceptional income-generating property perfectly situated within walking distance of McMaster University. Whether you're a seasoned investor or exploring your first rental opportunity, this turn-key property offers unbeatable value and consistent returns.This spacious and well-maintained home boasts 6 bedrooms and 2 kitchens, thoughtfully laid out to provide privacy, comfort, and practicalityan ideal setup for student housing. The fully tenanted basement adds immediate rental income and has the potential to generate approximately $4,800/month in gross rental income for the entire property.Student renters are drawn to the unbeatable convenience and vibrant neighbourhood, ensuring a strong and consistent tenant pool year-round. Whether your'e looking to expand your real estate portfolio or secure a reliable cash-flowing investment, this property checks all the boxes. Alternatively, this Home is well Suited for Families Looking to Enter the Real Estate Market. The Home is in a Fantastic neighbourhood close to Columbia International College, Westdale Secondary School, Dalewood Middle School, and George R. Allan Elementary School. Located in a high-demand area, the property is just minutes from schools, public transit, shopping, restaurants, parks, and all essential amenities.
PRIME INVESTMENT OPPORTUNITY Exceptional income-generating property perfectly situated within walking distance of McMaster University. Whether you're a seasoned investor or exploring your first rental opportunity, this turn-key property offers unbeatable value and consistent returns.This spacious and well-maintained home boasts 6 bedrooms and 2 kitchens, thoughtfully laid out to provide privacy, comfort, and practicalityan ideal setup for student housing. The fully tenanted basement adds immediate rental income and has the potential to generate approximately $4,800/month in gross rental income for the entire property.Student renters are drawn to the unbeatable convenience and vibrant neighbourhood, ensuring a strong and consistent tenant pool year-round. Whether your'e looking to expand your real estate portfolio or secure a reliable cash-flowing investment, this property checks all the boxes. Alternatively, this Home is well Suited for Families Looking to Enter the Real Estate Market. The Home is in a Fantastic neighbourhood close to Columbia International College, Westdale Secondary School, Dalewood Middle School, and George R. Allan Elementary School. Located in a high-demand area, the property is just minutes from schools, public transit, shopping, restaurants, parks, and all essential amenities.
See MoreKey Info
- 2-Storey Detached
- 4-Car Driveway
- 1-Car Detached Garage
- Main Street West & Newton
- 1100-1500 Approximate Sq Feet
- Basement: Finished, Apartment
- 2 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 40 x 100 Feet
- Brick Exterior
- Taxes were $8,099 in 2025
- Possession: Flexible
Details
- Fireplace
- Family Room
- Sewers
- Municipal Water
- MLS #X12266419
- HOMELIFE/BAYVIEW REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 9.09' x 8.63' | Ceramic Floor, Backsplash, Overlooks Backyard |
 | 1 2-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
Who lives here?
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.
Families
Kids Per Family
1.2
kids per family
in the neighbourhood.
Singles
54%
of residents are
single and loving it.
54% singles
Hamilton (46%)Renters
53%
of residents
are renters.
53% renters
Hamilton (32%)Education
66%
of residents are
university grads.
66% university grads
Hamilton (28%)Income
Average Household Income
$100K
is the average household
income in the neighbourhood.
Professions
Professions
| Government | 20% |
| Sales | 9% |
| Business | 7% |
| Health | 6% |
| Management | 5% |
Immigrants
31%
of residents were
born outside of Canada.
31% immigrants
Hamilton (25%)Birthplace - All
3.9% from China
All-time
Birthplace - Recent
1.1% from Pakistan
Recent
Foreign Languages
Foreign Languages
| Mandarin | 7% |
| Arabic | 3% |
| Cantonese | 2% |
| Korean | 2% |
| Bengali | 1% |
Religions
Religions
| Christian | 42% |
| Muslim | 6% |
| Jewish | 4% |
| Hindu | 4% |
| Buddhist | 2% |
