• 1308 sqft , 2 bath , 8 bdrm 1 1/2 story – FOR SALE $629,900 . Excellent Cap Rate!
Steps to McMaster University, Westdale
Looking for a great, solid McMaster Investment property close to the University, transit and Westdale Village? Check this one out- same owner for 20 years!
Solid brick, single family 1 1/2 storey home with newer concrete front porch, steps, walkway and quality, maintenance free railings/handrails. Newer windows except for the original leaded glass front window that maintains the homes original character and curb appeal.
Hi-efficiency furnace and 100 amp electrical on breakers. Smoke detectors in all bedrooms. This home offers 2 kitchen area’s, 2 baths (both with easy care acrylic/fibreglass tub/shower surrounds), super sized living room, an additional common area in the lower level, 5 bedrooms up and 3 in the lower level. Features a very high basement plus a fantastic 3-4 car recently paved side drive. Good solid 10 1/2 x 22′ detached garage.
Also has sufficient frontage (37′) and setback to support additional side by side front parking allowing for 10 habitable rooms and compliance with current zoning by-laws if required in the future. Currently leased to a group of students until the end of April/19 for $3625/month including utilities. Gross income $43,500- Net income after property taxes and utilities approximately $34,000. Great rental area for students- steps to transit, shopping and University.
24 hours notice is required for all showings. Note: House is occupied by students- pictures are true to the interior condition of the property and have not been staged for marketing purposes; bedroom conditions may vary depending on housekeeping habits of the occupant.