4 Beds 3 Bath

88 Arkell Street, Hamilton, ON L8S 1N7

Hamilton L8S 1N7 Ontario

MLS: X12266419

$899,900

Added 64 days ago | For Sale

Listed by: HOMELIFE/BAYVIEW REALTY INC.

About Property

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.

Features

  • House Style:Detached
  • Bathrooms:3
  • Land Size: 40 X 100
  • Water:Municipal
  • Garage Spaces: /Detached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Main Street West & Newton
  • Basement:Finished,Apartment , Finished,Apartment
  • Possession Date:Flexible
  • Annual Property taxes: $8099.5
  • Bedrooms:4 +2
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12266419

Level Type Features Dimensions
Main Kitchen Ceramic Floor, Backsplash, Overlooks Backyard 9 ft, 1 in x 8 ft, 8 in
Bedroom 4 Hardwood Floor, Window, Closet 10 ft, 6 in x 9 ft, 10 in
Living Room Hardwood Floor, Combined w/Dining, Fireplace 63 ft, 5 in x 19 ft, 4 in
Dining Room Hardwood Floor, Combined w/Living, Overlooks Backyard 63 ft, 5 in x 19 ft, 4 in
Second Bedroom Hardwood Floor, Window, Closet 11 ft, 6 in x 10 ft, 6 in
Bedroom 2 Hardwood Floor, Window, Closet 11 ft, 6 in x 11 ft, 6 in
Bedroom 3 Hardwood Floor, Window, Closet 21 ft x 10 ft, 6 in
Basement Bedroom 5 0 ft x 0 ft
Bedroom 0 ft x 0 ft
Kitchen 0 ft x 0 ft

No property rooms available.

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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