<-- style PDP --> 65 Kinrade Avenue, Hamilton - Duplex for sale for $650,000
  • new
  • for sale
  • leased

65 Kinrade Avenue

Hamilton, Ontario, L8L 6L5 - Gibson

$650,000

  • Neighbourhood

    Gibson

  • Major Intersection

    Barton St E & Kinrade Ave.

  • Listed Since: 128 day(s)

  • Last update: 122 day(s) ago

Overview

  • Property Type

    Duplex, 2-Storey

  • Bedrooms

    5

  • Bathrooms

    2

  • Basement

    Unfinished

  • Kitchen

    2

  • Total Parking

    2

  • Lot Size

    21.75x94.5 (Feet)

  • Taxes

    $1,800.00 (2025)

  • Type

    Freehold

Property Description

Property description for 65 Kinrade Avenue, Hamilton

65 Kinrade Ave, Hamilton is an investment property within a portfolio. A legal duplex with a bonus room-rental upside, offered at a 6.18% in-place cap rate on current rents. This fully-tenanted, four-door property generates $48,468 in gross annual rent and $40,168 NOI, with a fifth door (basement) waiting to be rented. The main and upper duplex units are configured as a 2-bedroom main-floor apartment and a three-room upstairs unit, giving a new owner both self-contained and room-rental income in one building. Central heat and A/C, two A/C units, and two gas lines keep operating costs predictable, while separate hydro and water metering protects NOI from rising utility costs. All four occupied doors are month-to-month, giving a new owner a clear, low-risk path to reset rents to market on standard notice without waiting years for turnover. Beyond the in-place income, the basement is unfinished, has its own separate entrance, and is currently vacant - a fifth door that can be built out and rented, adding a new income stream on top of the in-place NOI without any change to the building's footprint. Situated in a tenant-dense Hamilton lower-city pocket that supports steady demand and long-term appreciation.

Listed by EXP REALTY

  • MLS #

    X13541290

  • Sq. Ft

    1500-2000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Available

  • Garage

    None

  • Total Parking

    2

  • Family Room

    N

  • Den

    N

  • Exterior

    Vinyl Siding

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Unknown

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • MLS #

    X13541290

  • Sq. Ft

    1500-2000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Available

  • Garage

    None

  • Total Parking

    2

  • Family Room

    N

  • Den

    N

  • Exterior

    Vinyl Siding

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Unknown

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Estimated price

Date
Price
Change
2026-07-09
$621,540
0.95%

Inventory Graph

10 9 8 7 6 5 4 3 2 1 0 10+ Months of inventory SELLER'S Market BALANCED Market BUYER'S Market

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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