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$739,900
Available - For Sale
Listing ID: X12962540
101 Merna Avenue , Hamilton, L8S 2L1, Hamilton
| 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. |
| Price | $739,900 |
| Taxes: | $5928.67 |
| Assessment Year: | 2026 |
| Occupancy: | Tenant |
| Address: | 101 Merna Avenue , Hamilton, L8S 2L1, Hamilton |
| Directions/Cross Streets: | Merna Ave/Leland St/Whitney Ave |
| Rooms: | 7 |
| Rooms +: | 3 |
| Bedrooms: | 5 |
| Bedrooms +: | 3 |
| Family Room: | F |
| Basement: | Finished, Separate Ent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 42.64 | 32.8 | Eat-in Kitchen, Large Window, Breakfast Bar |
| Room 2 | Main | Living Ro | 34.44 | 34.44 | Hardwood Floor, W/O To Deck, Sliding Doors |
| Room 3 | Main | Bedroom | 45.92 | 27.88 | Hardwood Floor, Large Window |
| Room 4 | Main | Bedroom 2 | 41 | 22.96 | Hardwood Floor, Large Window |
| Room 5 | Upper | Bedroom 3 | 42.64 | 31.16 | Hardwood Floor, Large Window, Closet |
| Room 6 | Upper | Bedroom 4 | 39.36 | 27.88 | Hardwood Floor, Large Window, Closet |
| Room 7 | Upper | Bedroom 5 | 42.64 | 34.44 | Hardwood Floor, Large Window |
| Room 8 | Basement | Bedroom | 32.8 | 22.96 | Hardwood Floor, Large Window |
| Room 9 | Basement | Bedroom | 47.56 | 37.72 | Hardwood Floor, Large Window |
| Room 10 | Basement | Bedroom | 39.36 | 32.8 | Hardwood Floor, Large Window |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 3 | Upper |
| Washroom Type 3 | 3 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 1 1/2 Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 2 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 1100-1500 |
| Property Features: | Cul de Sac/D, Fenced Yard |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| SUTTON GROUP-ADMIRAL REALTY INC. |
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Bungol Team
Broker
Dir:
647-797-9555
Bus:
647-797-9555
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Ainslie Wood |
| Style: | 1 1/2 Storey |
| Tax: | $5,928.67 |
| Beds: | 5+3 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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