Toronto Luxury Condos and Homes

54 South Oval

$929,000

4+2-Bed

2-Bath

Listed on 5/8/24

Come live in this 4+2-bed, 2-bath Home

Listed by ROYAL LEPAGE SIGNATURE REALTY

Investing in this property offers a prime location, just a 7-minute walk from McMaster University,Innovation Park, and the Children's Hospital, making it highly attractive for academic professionals, hospital staff, and students. Additionally, the house comes fully furnished, reducing upfront costs and moving damages and accelerating rental readiness. A standout feature is the guaranteed rental income of up to $75,000 per year providing financial stability and predictability through April 2025. Furthermore, the offer includes a full year of complimentary property management services, ensuring hassle-free operations. 6 rooms out of 7 are actually rented to female-only tenants with a potential to add one more tenant. This combination of strategic location,ready-to-use amenities, financial incentives, and targeted tenant policy makes this property a compelling investment opportunity. Westdale is Vibrant, close-knit, academic hub near parks and essential amenities.

Extras

Leverage a prime location near McMaster University to attract clients! Benefit from a unique 2.5% co-promotion rate, above Hamiltons average, maximizing your earnings while offering properties in a vibrant area. Ideal for savvy investors!

Property History

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List Date List Price Last Status Sold Date Sold Price Days on Market
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Gallery

MLS #

X8318436

Style

Detached, 2-Storey

Rooms

6+2

Bedrooms

4+2

Bathrooms

2

Parking Spaces

3

Basement

Apartment, Fin W/O

Den

Y

Exterior

Brick, Wood

Heating

Forced Air

Fireplace

N

Taxes

$5,537.40 (2023)

Lot

94.00x30.00 (Feet)

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Homes 54 South Oval, Hamilton