70 Ward Avenue

Ainslie Wood, Hamilton, L8S 2E9

$629,000

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  • 6+1 bedrooms
  • 2 bathrooms
  • 0 parking
  • 1100-1500 sq ft

Listed 60 days ago · MLS® X13696882

About this home

ATTENTION INVESTORS: Rare, turnkey student housing goldmine in highly desirable Ainslie Wood, steps to McMaster University! This detached 1.5 storey investment property completely eliminates vacancy risk with a rock-solid, fully executed lease agreement guaranteed at $4,042/month until April 2027, PLUS tenants pay all the utilities and internet! This is the current tenants' 2nd year in the property and they have expressed an interest to renew again. Boasting a highly optimized, high-density layout featuring 6 +1 bedrooms and 2 bathrooms, with the option to have a living/common area in the basement with a separate entrance! This property generates an immediate, jaw-dropping 7.8%+ gross yield with zero initial lease costs, zero vacancy downtime, and total operational stability. Unbeatable location for student renters: steps to transit, campus, local dining, and shopping. This property is the perfect add-on for a sophisticated portfolio or an ideal entry point into high-density student housing. True cash-cow opportunities like this do not last. Do the math, check the location, and submit your best offer!

Details

Type
Detached
Style
1 1/2 Storey
Size
1100-1500 sq ft
Lot
25 × 100 ft
Basement
Apartment, Finished, Separate Entrance, Walk-Up
Garage
None
Kitchens
1
Property tax
$5,248 (2026)
Neighbourhood
Ainslie Wood
Municipality
Hamilton
Price per sq ft
$484 (30% below detached houses in Ainslie Wood, $694)

Interior

Bedrooms
6 above ground + 1 below
Bathrooms
1 × 4-piece (main), 1 × 3-piece (lower)
Rooms
7 above ground + 1 below
Family room or den
No
Fireplace
No
Features
Carpet Free, In-Law Capability

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
1 1/2 Storey
Exterior
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Concrete Block
Faces
North

Lot

Size
25 × 100 ft

More

Possession
Flexible
Nearby
Hospital, Public Transit
Cross street
Main St W & Emerson St

Rooms

RoomLevelSizeFeatures
BedroomMain3.43 × 2.9 m (11'3" × 9'6")B/I Closet, Laminate, Window
Bedroom 2Main3.19 × 3.09 m (10'6" × 10'2")B/I Closet, Laminate, Window
Bedroom 3Main3.04 × 2.87 m (10' × 9'5")Closet, Laminate, Window
Bedroom 4Main3.86 × 1.89 m (12'8" × 6'2")Closet, Laminate, Window
KitchenMain3.42 × 3.06 m (11'3" × 10')Side Door, Eat-in Kitchen, Tile Floor
Bedroom 5Upper3.39 × 3.17 m (11'1" × 10'5")B/I Closet, Laminate, Window
BedroomUpper3.07 × 2.25 m (10'1" × 7'5")B/I Closet, Laminate, Window
BedroomLower5.62 × 4.67 m (18'5" × 15'4")Laminate, Window
BathroomMain2.79 × 2.01 m (9'2" × 6'7")4 Pc Bath
BathroomBasement2.82 × 1.78 m (9'3" × 5'10")3 Pc Bath
LaundryBasement5.68 × 3.19 m (18'8" × 10'6")Laundry Sink

History of this address

7 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

  • 🚆 Hamilton GO Centre4.3 km

Within a 10-minute walk: 1 grocery store, 33 cafés and restaurants, 4 parks, 4 pharmacies. Nearest grocery: Fortinos (600 m). Nearest park: Stroud Road Park (500 m).

Schools nearby

Elementary

  • Canadian Martyrs Catholic Elementary School Catholic
    EQAO: Gr 6 reading 100%, math 57%
    4 min walk
  • Glenwood Special Day School1.2 km
  • Mountview Junior Public School
    EQAO: Gr 6 reading 80%, math 65%
    1.6 km
  • St. Teresa of Avila Catholic Elementary School Catholic
    EQAO: Gr 6 reading 95%, math 58%
    1.9 km

Secondary

  • St. Mary Catholic Secondary School Catholic
    EQAO: Gr 9 math 69%, literacy test 86%
    8 min walk
  • Dalewood Senior Public School13 min walk
  • Westdale Secondary School
    EQAO: Gr 9 math 57%, literacy test 88%
    1.8 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L8S

Owners / renters
39% / 61%
Median household income
$62,800
Average age
39
Children under 15
11%
Homes
42% detached, 33% high-rise
Commute by transit
17%
Population
15,787

Languages spoken most at home besides English: Mandarin 4.5%, Arabic 1.8%, Gujarati 1.1%, Spanish 0.8%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Niagara Peninsula Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Hamilton police: 62 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Niagara Peninsula Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Hamilton: 4 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence, with a City business licence (since December 2023).

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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