Great investment opportunity just a 3-minute walk from McMaster University - welcome to 56 Holmes Avenue, a 5-bedroom bungalow nestled on a quiet street in the highly desirable Ainslie Wood neighbourhood, perfectly positioned to generate strong and reliable student rental income year after year. This turn-key property sits within easy walking distance of McMaster University, scenic parks, and all of Westdale's vibrant shops and restaurants, making it an effortlessly attractive option for student tenants every semester.
The main floor features a spacious kitchen with eat-in dining, five well-sized bedrooms, and a refreshed upstairs bathroom complete with brand new floor tiles updated in 2024. The finished basement adds tremendous value with a large common area, a second full bathroom with a newly replaced faucet, and its own private backdoor entrance providing direct access to both the basement and the fully fenced backyard - a layout that tenants love for its privacy and functionality.
The home has seen a number of important upgrades in recent years, giving buyers the confidence of a well-maintained and move-in ready investment, including a brand new roof completed in 2025, a gas furnace that replaced the original oil furnace approximately six years ago, a professionally waterproofed basement completed roughly eight years ago, and the freshly updated upstairs bathroom tiles from last year.
Whether you are a seasoned investor looking to add a high-performing student rental to your portfolio or a first-time buyer seeking a property that practically manages itself given its unbeatable location, 56 Holmes Avenue is an opportunity that simply should not be missed.
