131 LELAND Street, Hamilton, Ontario, L8S3A3
MLS: 40826998 | House (Freehold)
$839,000
Property Description
Your next McMaster University investment opportunity 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 for buyer’s own use or future tenant selection. 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, making it ideal for student rentals. 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 available 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. Strong cash flow opportunity currently generating ~$6,620/month in rental income. (id:64974)
Quick Facts
- Property Type: House (Freehold)
- Bedrooms: 8 (4 above, 4 below)
- Bathrooms: 2
- Living Area: 2,000 sq ft (185.8 m²)
- Above Grade: 1,250 sq ft (116.1 m²)
- Below Grade: 750 sq ft (69.7 m²)
- Year Built: 1951
- Ownership: Freehold
- Attached: No
- Parking: 6.0 spaces (None)
- Frontage: 48 ft (14.6 m)
Costs
- Annual Taxes: $5,853.80
Listing Provided by: RE/MAX Escarpment Realty Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Basement: Finished, Full
- Security: Smoke Detectors
Exterior & Construction
- Exterior: Wood
- Construction: Wood frame
- Foundation: Block
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 48 ft (14.6 m)
- Zoning: C/S-1335
Community & Neighbourhood
- Subdivision: 113 - Ainslie Wood
Room Details (12 rooms)
Listing Information
Listing History
MLS listing activity for 131 LELAND Street, Hamilton, Ontario, L8S3A3 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo
23 CLIFFORD Street, Hamilton
House$710,000
$6,603/yr taxListing Courtesy of Keller Williams Edge Realty
91 ROYAL Avenue, Hamilton
House$674,900
$5,000/yr taxListing Courtesy of Royal LePage State Realty Inc.
209 RIFLE RANGE Road, Hamilton
House$1,049,900
$7,452/yr taxListing Courtesy of RE/MAX Escarpment Realty Inc.
256 WHITNEY Avenue, Hamilton
House$699,900
$5,435/yr taxListing Courtesy of RE/MAX Escarpment Frank Realty
142 EWEN Road, Hamilton
House$880,000
$6,870/yr taxListing Courtesy of RE/MAX Escarpment Realty Inc.
192 EWEN Road, Hamilton
House$849,900
$6,603/yr taxListing Courtesy of RE/MAX Escarpment Realty Inc.
45 LELAND Street, Hamilton
House$999,000
$6,600/yr taxListing Courtesy of RE/MAX Escarpment Realty Inc.
55 YARMOUTH Court, Hamilton
House$759,800
$5,659/yr taxListing Courtesy of RE/MAX Escarpment Realty Inc.
183 DALEWOOD Avenue, Hamilton
House$949,500
$7,017/yr taxListing Courtesy of Cornerstone Association of REALTORS®
11 CARWYN Crescent, Hamilton
House$797,000
$5,450/yr taxListing Courtesy of RE/MAX Real Estate Centre Inc.
Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
640 ACADIA Drive, Hamilton
House$839,000
$5,498/yr taxListing Courtesy of Keller Williams Complete Realty
45 HILLCREST DRIVE, New Tecumseth (Alliston)
Condo$839,000
$4,223/yr taxListing Courtesy of ROYAL LEPAGE RCR REALTY
124 CORMAN Avenue, Stoney Creek
House$839,000
$4,600/yr taxListing Courtesy of Sutton Group Innovative Realty Inc.
100 TILBURY Street, Woolwich
House$839,000
$4,405/yr taxListing Courtesy of HOMELIFE MIRACLE REALTY LTD
4 HUNTINGWOOD CRESCENT, Kawartha Lakes (Bobcaygeon)
House$839,000
$5,115/yr taxListing Courtesy of RE/MAX HALLMARK EASTERN REALTY
22 NOVOCO Drive, Hamilton
House$839,000
$5,060/yr taxListing Courtesy of RE/MAX Escarpment Realty Inc.
20 GILLESPIE DRIVE, Brantford
House$839,000
$5,654/yr taxListing Courtesy of BRIDGECAN REALTY CORP.
76 SHADYGLEN Drive, Stoney Creek
House$839,000
$4,800/yr taxListing Courtesy of Pay It Forward Realty
5221 RAFAEL STREET, Tecumseh
House$839,000
Listing Courtesy of ROYAL LEPAGE BINDER REAL ESTATE
20 GILLESPIE Drive, Brantford
House$839,000
$5,654/yr taxListing Courtesy of Bridgecan Realty Corp.
Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
No rental comparables found in this area.
No sold comparables found at this radius. Zoom out on the map to broaden the search area.
No leased comparables found. Rented data requires TRREB DDF integration; the map and search will populate automatically once enabled.
Book a Viewing
131 LELAND Street, Hamilton, Ontario, L8S3A3