101 Merna Avenue Hamilton, Ontario L8S 2L1
$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. (id:62104)
Property Details
| MLS® Number | X12962540 |
| Property Type | Single Family |
| Community Name | Ainslie Wood |
| Amenities Near By | Park, Schools, Public Transit |
| Equipment Type | Water Heater |
| Features | Cul-de-sac |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater |
| View Type | View |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 8 |
| Appliances | Dryer, Freezer, Stove, Washer, Two Refrigerators |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (finished), N/a |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Flooring Type | Hardwood |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Park, Schools, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 116 Ft |
| Size Frontage | 68 Ft |
| Size Irregular | 68 X 116 Ft |
| Size Total Text | 68 X 116 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom | 10 m | 7 m | 10 m x 7 m |
| Basement | Bedroom | 14.5 m | 11.5 m | 14.5 m x 11.5 m |
| Basement | Bedroom | 12 m | 10 m | 12 m x 10 m |
| Main Level | Kitchen | 13 m | 10 m | 13 m x 10 m |
| Main Level | Living Room | 10.5 m | 10.5 m | 10.5 m x 10.5 m |
| Main Level | Bedroom | 14 m | 8.5 m | 14 m x 8.5 m |
| Main Level | Bedroom 2 | 12.5 m | 7 m | 12.5 m x 7 m |
| Upper Level | Bedroom 3 | 13 m | 9.5 m | 13 m x 9.5 m |
| Upper Level | Bedroom 4 | 12 m | 8.5 m | 12 m x 8.5 m |
| Upper Level | Bedroom 5 | 13 m | 10.5 m | 13 m x 10.5 m |
https://www.realtor.ca/real-estate/29563276/101-merna-avenue-hamilton-ainslie-wood-ainslie-wood
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April 07 2026 05:36:59
Toronto Regional Real Estate Board
Sutton Group-Admiral Realty Inc.