Wednesday, April 8th, 2026

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$739,900
Available - For Sale
Listing ID: X12962540
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 with the city. Photos Were Taken Prior To Current Tenant Occupancy.
Price $739,900
Taxes: $5,928.67
Assessment Year: 2026
Occupancy by: 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
Washrooms: 3
Family Room: F
Basement: Finished
Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 42.64 32.80 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 41.00 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 32.80 22.96 Hardwood Floor, Large Window
Room 9: Basement Bedroom 47.56 37.72 Hardwood Floor, Large Window
Room 10: Basement Bedroom 39.36 32.80 Hardwood Floor, Large Window
No. of Pieces Level
Washroom 1 4 Main
Washroom 2 3 Upper
Washroom 3 3 Basement
Washroom 4 0
Washroom 5 0
Washroom 6 4 Main
Washroom 7 3 Upper
Washroom 8 3 Basement
Washroom 9 0
Washroom 10 0
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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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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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.

101 Merna Avenue , Hamilton, L8S 2L1, Hamilton

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Freehold - Detached
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Ainslie Wood
Style: 1 1/2 Storey
Lot Size: x 116.00(Feet)
Approximate Age:
Tax: $5,928.67
Maintenance Fee: $0
Beds: 5+3
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com