88 Arkell St, Hamilton, Ontario L8S 1N7
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Highlights
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Price/Sqft$709/sqft
Monthly cost
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+4
Properties sold*
$880K
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
Interior
Features
Main Floor
Dining
19.33 x 5.9hardwood floor / Combined W/Living / O/Looks Backyard
Kitchen
2.77 x 2.63Ceramic Floor / Backsplash / O/Looks Backyard
4th Br
3.2 x 3.0hardwood floor / Window / Closet
Living
19.33 x 5.9hardwood floor / Combined W/Dining / Fireplace
Exterior
Features
Parking
Garage spaces 1
Garage type Detached
Other parking spaces 4
Total parking spaces 5
Property History



