5 beds · 2 baths · 1796 sqft
Welcome to 171 Arkell Street! Located just minutes away from McMaster Children’s Hospital and McMaster University, this property presents a fantastic opportunity to own an amazing investment in the heart of the Westdale neighbourhood. This 7-bedroom property currently generates a rental income of $4,900 per month, inclusive of utilities. However, there is potential for growth, with the possibility to reach market rents of approximately $5,950 per month. (id:39198)
Building Type House, Detached
Year built
Square Footage 1796 sqft
Stories 2.5
Bedrooms 5
Bathrooms 2
Parking 1
Neighbourhood111 - Westdale South/Cootes Paradise
Land size under 1/2 acre
Heating type Forced air
Basement typeFull (Finished)
Parking Type Detached Garage
Time on REALTOR.ca2 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: EXP Realty
Home price
$869,000
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$7,905 / month
Rent $6,990
Savings $914
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$6,967 / month
Rent $6,776
Savings $190
Initial deposit 5%
Savings target Fixed at 5%