Was listed for:Expired Apr 30, 2025
$974,900

39 Broadway Avenue

Hamilton (Ainslie Wood), ON L8S 2V6

Detached House ExpiredNot available

Property not available for sale or for rent.

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Sale & Price History for 39 Broadway Avenue, Hamilton, Ainslie Wood

2025-02-01
2025-04-30
Expired
Price
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MLS#
x11952957

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 39 Broadway Avenue, Hamilton, Ainslie Wood

An exceptional LICENSED student rental in one of the most sought-after locations within a 2 minute walk of McMaster University. This turnkey investment property offers 6 spacious bedrooms, 3 full bathrooms, and 2 kitchens, currently generating $46K in annual rental income with the potential to increase to $65K+. Sitting on a spacious 45x140ft lot with a large backyard, this property offers future income expansion opportunities by creating more bedrooms in the basement or the potential of a garden suite (buyers do own due diligence). Buyers will appreciate the recent updates, including: Roof (new plywood and shingles, 2021), Exterior Waterproofing (2022), Updated Electrical (2016), New Furnace (2025), Concrete Walkway (2022) and Side Door Entrance (2023). Location is everything! Just a 2-minute walk to McMaster, Starbucks, Williams Cafe, Public Bus Stop and numerous other restaurants/shops, making this an ideal rental for students. The current lease expires in Apr 2025. Don't miss out on this high-demand investment, book your private showing today!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,749
Land Transfer Tax Fee
$15,973

Basement Type
Separate Entrance, Finished

Interior Features

Interior Extras
In-Law Capability, Water Heater Owned
Security Features
Smoke Detector, Carbon Monoxide Detectors
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None
Property Features
Golf, Park, Public Transit, School, Library, Hospital

Building

Building Type
Detached
Building Style
1 1/2 Storey
Approx Age
51-99

Construction

Exterior Finish
Aluminum Siding, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
45.00 ft
Lot Depth
140.00 ft
Lot Shape
Rectangular

Inclusions

Inclusions
Dryer, Freezer, Range Hood, Refrigerator, Stove, Washer, all elfs, all window coverings

Exclusions

Exclusions
Tenant belongings

Parking & Garages

Garage Type
None
Garage Spaces
2
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Yes
Telephone
Yes

Bedrooms
6
Washrooms
3
Kitchens
2
Family / bonus room
Yes

Washrooms

  • 3-piece, Second
  • 3-piece, Main
  • 3-piece, Basement

Municipality
Hamilton
Neighbourhood
Ainslie Wood
Main cross streets
Main St W and Broadway Ave

MLS® number
X11952957
Data source
Toronto Regional Real Estate Board
Status change
2025-04-30
Listed on
2025-02-01
Days on market
88 days
Possession type
Immediately
Co-op commission
2%
Seller
Listed by
eXp Realty

Home Market Value

Current home valuation for 39 Broadway Avenue, Hamilton, Ainslie Wood, Hamilton, ON. Listed for $974,900

HOMEH Estimate

?

$698,000

Estimated Sales Range

?

$551,420 - $844,580

HOMEH Estimate for 39 Broadway Avenue, Hamilton, Ainslie Wood

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$698,000Medium confidence
Based on 5 comparable properties
+ $276,900 (40%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Hamilton, ON
Minimum Down Payment Required:7.4%

5% on first $500K + 10% on $474,900 over $500K

Minimum down payment

$72,490

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
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%
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+CMHC insurance
$36,071$27,200$23,203$0
=Total mortgage
$937,853$904,610$851,868$779,920
Amortization
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%
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%
Payment frequency
=Mortgage payment
$4,579monthly$4,417monthly$4,159monthly$3,808monthly
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Land Transfer Tax

Provincial

$15,973

Total Land Transfer Tax

$15,973

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