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Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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MLS# X12962540Ainslie Wood, Hamilton · L8S 2L1
For SaleDetached

101 Merna Avenue

$739,900
5 Bed3 Bath3d on market
MLS# X12962540Ainslie Wood, Hamilton · L8S 2L1
For SaleDetached

101 Merna Avenue

$739,900

3 days on market

Bedrooms
5 Bed
Bathrooms
3 Bath
Size (MLS Range)
1100-1500 sq ft
Parking
2 None

Listing History — This Unit

Apr 07, 2026(2d ago)
For Sale

$739,900

1100-1500 sqft·3 DOM
SUTTON GROUP-ADMIRAL REALTY INC.·MLS# X12962540
Current

About This Listing

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.

Property Details

MLS NumberX12962540
Property TypeDetached
Style1 1/2 Storey
Listing TypeFor Sale
StatusActive
Bedrooms5 Bed
Bathrooms3
Size1100-1500 sq ft
Parking Spaces2
Parking TypeNone
Property Tax$5,928.67/yr
Days on Market3
Listed2026-04-07
CommunityAinslie Wood
MunicipalityHamilton
Cross StreetMerna Ave/Leland St/Whitney Ave

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Listing provided by SUTTON GROUP-ADMIRAL REALTY INC.

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

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MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: April 9, 2026 at 12:10 a.m.