Space
Finished area and layout
- Square Feet
- 1,500-2,000 sqft
- Bedrooms
- 5
- Bathrooms
- 2
5
Bedrooms
2
Bathrooms
1,500-2,000 sqft
Square Feet
21.8 x 94.5 FT
Lot
2
Parking
Property Snapshot
Key details for this listing
MLS #X13541290
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Basement
About This Property
This 5-bedroom, 2-bathroom multi-family in Hamilton offers 1,500-2,000 sqft of square feet on a 21.8 x 94.5 FT lot. 2 storeys. The home features forced air, natural gas heating, central air conditioning, a unfinished, n/a basement.
MLS Remarks
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. (id:60351)
Full Listing Details
Address65 KINRADE AVENUE
MLS#X13541290
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
List DateJul 8, 2026
Days on Market109
Common InterestFreehold
Annual Tax$1,800 (2026)
Parking2
Parking TypeNo Garage
Structure TypeDuplex
AttachedAttached
StyleMultiplex
Bedrooms5
Bathrooms2
Bedrooms Above Grade5
Square Feet1,500-2,000 sqft
Stories2
CityHamilton
ProvinceOntario
Postal CodeL8L6L5
Lot Dimensions21.8 x 94.5 FT
Frontage21.9 feet
Total Parking2
Parking FeaturesNo Garage
HeatingForced air, Natural gas
CoolingCentral air conditioning
BasementUnfinished, N/A
FoundationUnknown
ExteriorVinyl siding
SewerSanitary sewer
Water SourceMunicipal water
Annual Tax$1,800 (2026)
Cross Streets: Barton St E & Kinrade Ave. ** Directions: Barton St E, south on Kinrade Ave.
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
