Prime investment opportunity just steps from Mohawk College, offering rental income potential exceeding $86,000 annually! This recently renovated property delivers exceptional versatility, making it ideal for student housing or multi-family use. Thoughtfully updated main and basement levels provide a well-maintained, low-maintenance investment with strong future cash flow potential. The spacious main floor features 5 generous bedrooms, along with one 3-piece washroom and one 2-piece washroom, designed for comfortable shared living. The fully finished basement includes 4 additional bedrooms, a full kitchen, one 3-piece washroom, and a separate entrance, allowing for flexible and optimized rental configurations. The property benefits from consistently strong demand due to its prime, high-traffic location. Additional highlights include a large double-car garage with excellent attic storage, ample parking, and an easy-care exterior. Located in a sought-after area close to schools, transit, shopping, and amenities, this is a turnkey income property with outstanding long-term value and upside potential.
About this home
Photos of 100 West 3rd Street
Facts and features of 100 West 3rd Street
| Type | Detached |
|---|---|
| Style | Bungalow |
| Bedrooms | 5 + 4 |
| Bathrooms | 3 |
| Size | 1100-1500 sq ft |
| Lot | 43 x 102.75 Feet |
| Parking | 6 |
| Garage | Detached |
| Heating | Forced Air |
| Cooling | Central Air |
| Basement | Separate Entrance, Full, Finished |
| Exterior | Brick |
| Age | 51-99 |
| Taxes | $5,166 (2025) |
| Days on market | 155 |
| Listing brokerage | HOMELIFE/MIRACLE REALTY LTD |
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100 West 3rd Street
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MLS® X13207988 Data source: PropTx Listed May 28, 2026