$ 899.000

129 Whitney Avenue, Hamilton

48 Photos

4pc Bathroom - 129 Whitney Avenue, Hamilton, ON L8S2G6 Photo 2

4pc Bathroom - 129 Whitney Avenue, Hamilton, ON L8S2G6 Photo 3

4pc Bathroom - 129 Whitney Avenue, Hamilton, ON L8S2G6 Photo 4

Bedroom - 129 Whitney Avenue, Hamilton, ON L8S2G6 Photo 5

Bedroom - 129 Whitney Avenue, Hamilton, ON L8S2G6 Photo 6

Bedroom - 129 Whitney Avenue, Hamilton, ON L8S2G6 Photo 7

Bedrooms: 8
Bathrooms: 4
Living area: 1928 square feet

MLS®: h4190769
Type: Residential
Added: 17 days ago

Property Details

Welcome to 129 Whitney Avenue, the perfect investment opportunity for those seeking steady rental income in a prime location! Just a 15-minute walk from McMaster University, this property offers exceptional earning potential. This property features 8 bedrooms and 4 bathrooms (with 2 tenants per bathroom), as well as 2 kitchens, with over $5000 in monthly rental income and projections to exceed $6000, generates a robust $47,700 of NOI. Consistently in high rental demand, this property's favourable bathroom-to-tenant ratio and spacious bedroom attract top-quality tenants year after year. Whether you're a seasoned investor or new to the market, this property offers a fantastic opportunity to grow your portfolio. (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Cooling: Central air conditioning
Heating: Forced air, Natural gas
Stories: 2
Tax Year: 2023
Basement: Finished, Full
Year Built: 1919
Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Dryer, Microwave
Directions: URBAN
Living Area: 1928
Lot Features: No Driveway
Photos Count: 48
Water Source: Municipal water
Bedrooms Total: 8
Structure Type: House
Common Interest: Freehold
Parking Features: No Garage
Tax Annual Amount: 5200.02
Exterior Features: Vinyl siding
Building Area Total: 1928
Foundation Details: Block
Lot Size Dimensions: 25 x 100
Zoning Description: Residential
Architectural Style: 2 Level

Features

Other: Inclusions: Washer x2, Dryer x2, Stove x2, Fridge x2, Dishwasher x2, Over the range microwave x2, Exclusions: Tenant Belongings, Foundation: Concrete Block, Laundry Access: In-Suite
Cooling: AC Type: Central Air
Heating: Gas, Forced Air
Lot Features: Urban
Interior Features: Kitchens: 2, 2 above grade, 4 4-Piece Bathrooms
Sewer/Water Systems: Sewers: Sewer

Room Dimensions

Type	Level	Dimensions
4pc Bathroom	Second level	4' 8'' x 5' 4''
4pc Bathroom	Basement	5' 0'' x 6' 9''
4pc Bathroom	Second level	4' 8'' x 5' 4''
4pc Bathroom	Ground level	8' 8'' x 5' 0''
Bedroom	Basement	10' 5'' x 11' 11''
Bedroom	Basement	12' 2'' x 10' 5''
Bedroom	Second level	8' 7'' x 17' 11''
Bedroom	Second level	8' 5'' x 13' 11''
Bedroom	Second level	8' 9'' x 16' 11''
Bedroom	Second level	8' 9'' x 20' 4''
Kitchen	Ground level	8' 4'' x 10' 9''
Bedroom	Ground level	8' 9'' x 20' 6''
Bedroom	Ground level	8' 9'' x 11' 5''
Living room	Ground level	11' 3'' x 11' 6''
Kitchen	Ground level	11' 3'' x 11' 3''

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Nearby Places

Name	Type	Address	Distance
Maimonides Schools for Jewish Studies	Maimonides College, a division of MSJS, offers und...		0.5 km
Boston Pizza	Restaurant	1563 Main St W	0.5 km
Origins Institute	The OI's vision is to promote origins research tha...		0.7 km
Joya Sushi	Restaurant	1630 Main St W	0.7 km
Mc Master Children's Hosptial	Hospital	1200 Main St W	0.9 km
McMaster Children's Hospital	McMaster Children's Hospital became a children's h...		0.9 km
McMaster University Medical Centre	It is a part of McMaster University, but operated ...		0.9 km
McMaster Faculty of Engineering	It has the distinction of being the first engineer...		0.9 km
McMaster University Bus Terminal	Thode Library...		1.0 km
McMaster University	University	1280 Main St W	1.0 km
McMaster Institute of Environment and Health	Research and study the complex relationships betwe...		1.1 km
McMaster Faculty of Science	The Faculty of Science is one of six faculties at ...		1.1 km

Similar Houses Stat in Hamilton

We have found 6 Houses that closely match the specifications of the property located at 129 Whitney Avenue with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 558,000 and 1,139,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L8S2G6 postal code area of Hamilton Ontario Canada.

129 Whitney Avenue mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 129 Whitney Avenue. The current price of the property is $899,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $719,200. This would result in a monthly mortgage payment of $4,204 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	15
Bachelor's degree	75
University / Below bachelor level	15
Certificate of Qualification	20
College	75
University degree at bachelor level or above	110

Neighbourhood Marital Status Stat

Married	270
Widowed	40
Divorced	35
Separated	20
Never married	325
Living common law	45
Married or living common law	315
Not married and not living common law	420

Neighbourhood Construction Date

1961 to 1980	85
1991 to 2000	10
1960 or before	200

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