101 MERNA AVENUE

Hamilton (Ainslie Wood), , L8S2L1, Canada

$739,900

Turn Key Licensed Student Rental Opportunity In The McMaster University Area Of Hamilton. Rare Investment Offering A Fully Rented Property Currently Configured As 5+3 Bedrooms, 3 Bathrooms, Situated At The End Of A Quiet Residential Court Backing Onto Expansive Parkland, Offering Exceptional Privacy And A Rare Green Space Setting In A High-Demand Student Rental Pocket. Convenient Access To McMaster University By Walking, Biking Or Transit And Just Minutes To Westdale Village, Main Street W, King Street W, Transit Routes And Major Highways. Currently Operating As An Income Property With Gross Annual Rental Income Of Approximately $62,000, With Tenant Agreements In Place Through April 2027. Property Currently Licensed With The City Of Hamilton As A Rental Housing - Single Family Dwelling Establishment Licence (1 Unit - 8 Bedrooms). Electrical Systems Inspected And Deemed ESA Compliant, With Compliance Accepted By The City. ESA Certification Currently In Place With The Present Owner (Expiry January 6, 2029). City Property Report Indicates No Outstanding Work Orders. Buyer To Assume Existing Tenancies In Accordance With The Residential Tenancies Act. Buyer To Verify Zoning, Permitted Use, Licensing Requirements And Conduct Their Own Due Diligence Regarding Future Use. Photos Were Taken Prior To Current Tenant Occupancy.

EXTRAS: Washer, Stove, Dryer, Freezer, Two Refrigerators

Last updated on : Tuesday 7th of April 2026 01:45:25 AM

ADDRESS

Street : 101 MERNA AVENUE

City : Hamilton (Ainslie Wood)

Country : Canada

Postal Code : L8S2L1

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PROPERTY SUMMARY

Property ID : X12962540

Building Type : House

Property Type : Single Family

Bedrooms : 5 + 3

Bathrooms : 3

Parking : 2

Parking Type: No Garage

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