62 days on Market

88 Arkell St, Hamilton, Ontario L8S 1N7

Detached
4 + 2
3
~1100-1500 sqft
$899,900
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Detached
4 + 2
3
~1100-1500 sqft

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Highlights

Property Estimate

Days on market62 days

Estimated valueNot available

Price/Sqft$709/sqft

Monthly cost

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CMA Subject Property

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+3

Properties sold*

$940K

Median sold price*

*Based on last 30 days

Description

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.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size4,000 SqFt(100 x 40)
Parking Spaces5
MLS ®NumberX12266419
Community NameWestdale South
Data SourceTRREB
Listing byHOMELIFE/BAYVIEW REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished, Apartment

Main Floor

Dining

19.33 x 5.9

hardwood floor / Combined W/Living / O/Looks Backyard

Kitchen

2.77 x 2.63

Ceramic Floor / Backsplash / O/Looks Backyard

4th Br

3.2 x 3.0

hardwood floor / Window / Closet

Living

19.33 x 5.9

hardwood floor / Combined W/Dining / Fireplace


Features

Lot size: 4,000 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 4

Total parking spaces 5


Property History

Jul 7, 2025
ListedActive
$899,900
62 days on market
history photo preview50
Listing by trreb®

Market Data - Westdale South

Geo Zone Map ThumbnailWestdale South

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

69 days

Compared to

2024

20 days

2023

0 day

2022

29 days

New Listings

Past 30 days

8 listings

Compared to

2024

4 listings

2023

4 listings

2022

7 listings

Units sold

Past 30 days

2 units

Compared to

2024

3 units

2023

0 unit

2022

4 units

Median Sold Price

Past 30 days

$902,500

Compared to

2024

$940,000

2022

$750,000


Population and Demographics

Overview

Total population 2004
Average household income $145,331

Age (%)

0 to 19
20%
20 to 34
35%
35 to 49
15%
50 to 64
16%
65 and plus
14%

Household composition (%)

Single family
50%
Single person
36%
Multi person
14%
Multi family
0%

Mother tongue (%)

English
78%
Mandarin
7%
Others
5%
Arabic
3%
Spanish
2%
Urdu
1%
Iranian Persian
1%

House tenancy (%)

Renters
51%
Owners
49%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget