101 Merna Avenue

Hamilton, ON L8S 2L1 ( Ainslie Wood)

Quick Facts

Type: Detached

Style: 1 1/2 Storey

Size: Sq Ft

Age: Years

Taxes: $ 5,929 ( 2025)

Updated: 2026-04-08 13:31:49

Description

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 Of Hamilton As Part Of The Rental Licensing Process. ESA Documentation 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.

Extras

Detached

Property

Status: For Sale

MLS #: X12962540

Price: $ 739,900

Address: 101 Merna Avenue

Type:

Style: 1 1/2 Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 5,929

Tax Year: 2025

Lot Size:

Neighbourhood: Ainslie Wood

Nearest Intersection: Merna Ave/Leland St/Whitney Ave

City: Hamilton

Postal Code: L8S 2L1

DOM: 1 Day

Last Update: 2026-04-08 13:31:49

Building

Interior

Bedrooms: 8

Bathrooms: 3

Rooms: 0

Kitchens: 1

Family Room:

Fireplace:

Basement: Finished Separate Entrance,

Central Vacuum:

Exterior

Exterior: Brick,

Driveway:

Garage: Private

Garage Spaces:

Parking Spaces: 2.00

Pool:

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Water:

Sewers:

Features

Rooms