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From Our Gallery
Description
McMaster University investment property at 131 Leland! Exceptional tenanted income property in one of the most desirable student rental locations, just steps to campus. Tenants must be assumed, however the upper unit can be available vacant starting September 2026. Updated detached home situated on a quiet dead-end street on a premium 45x100 ft lot with potential extension possibilities. Features 8 large bedrooms (4+4 layout), 2 full kitchens, 2 separate entrances with keypad entry , 2 full 3-piece washrooms, and 2 separate stackable washer/dryer sets. Property includes 2 fridges, 2 stoves, 2 dishwashers, central air conditioning, updated gas furnace (2021), new vinyl flooring (2025) , updated rental hot water heater (2024), updated 200-amp electrical breaker panel (2023) with ESA-inspected wiring, updated plumbing, shingles, soffits, and eavestroughs. Basement features four oversized 3 ftx3 ft egress windows with large window wells providing excellent natural light and safety compliance. Ample parking for 6 vehicles plus a spacious backyard. Professionally painted and semi-furnished with twin beds, study tables, and chairs. Fantastic location for student demand with excellent long-term rental stability and truly hassle-free investment potential.
Location Description
Whitney Avenue
Property Detail
- Community: Ainslie Wood
- Property Type: Tenant/Residential Freehold
- Bedrooms: 8
- Bath: 2
- Garages: None
- Annual Property Taxes : $ 5853.8
- sqft
Facts and Features
- Foundation Type: Concrete Block
- Counstruction Material : Other
- Total Parking Space : 6
- Parking Type : None
Amenities
Listing Contracted With: RE/MAX ESCARPMENT REALTY INC.