65 Kinrade Avenue

Gibson, Hamilton, L8L 6L5
FOR SALE
$650,000
65 Kinrade Avenue, Hamilton
65 Kinrade Avenue
65 Kinrade Avenue
65 Kinrade Avenue
65 Kinrade Avenue
65 Kinrade Avenue
65 Kinrade Avenue
65 Kinrade Avenue
65 Kinrade Avenue
65 Kinrade Avenue
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5
BEDROOMS
2
BATHROOMS
2
KITCHENS
6
ROOMS
X13541290
MLSID
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Property Description
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.
Nearby Intersections
Property Features
None, Available
Property Details
Address
65 Kinrade Avenue
Community
Postal Code
L8L 6L5
Property Type
Duplex, Duplex
Lot Size
22' x 94'
Taxes
$1,800 (2025
Basement
Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
Listing contracted with Exp Realty
17 Fairleigh Avenue, Hamilton
5
BEDS
3
BATHS
$499,900
FOR SALE
Duplex close to downtown Hamilton and all major amenities. Features three units: one 3-bedroom and two 1-bedroom suites. All units have separate entrances. Provides a great opportunity for investors or extended families. Sold " as is, where is" basis. Seller makes no representation and/ or warranties.
68 Gage Avenue, Hamilton
4+1
BEDS
3
BATHS
$524,900
FOR SALE
Situated on the highly desirable south side of Gage Avenue, just footsteps from Gage Park, the Tropical Greenhouse, major transit routes, and the future LRT line, this property offers an exceptional location with strong long-term potential. An ideal investment opportunity, the home features a basement currently functioning as a third unit, creating additional income potential. This property is also an excellent option for first-time home buyers looking to offset mortgage and carrying costs while owning a home in a well-established south side neighbourhood. A rare opportunity to secure a versatile property in one of Hamilton's most desirable pockets.
29 Gertrude Street, Hamilton
4
BEDS
2
BATHS
$495,000
FOR SALE
29 Gertrude Street is an investment property within a portfolio. A legal duplex in Hamilton's lower city, offering current income with a clear value-add path. The property is currently generating a 5.44% cap rate with $26,918 in current NOI and 67% occupancy, with 2 of 3 doors currently occupied. One of the three units is month-to-month, creating an opportunity to reset rents to market on turnover and increase income. The property is configured with a 2-bedroom main-floor unit and a 3-room upstairs unit. Separate hydro metering is already in place, with tenants paying their own hydro, helping keep the owner's operating costs low and allowing added rent to flow more directly to NOI. The basement is currently unfinished and vacant, representing the immediate value-add opportunity. A future owner may be able to finish the basement and create a third rentable door, adding a new income stream on top of the in-place NOI without changing the building's footprint, subject to buyer due diligence and any required approvals. The upstairs unit is currently month-to-month and can be brought closer to market rent on turnover, while the vacant basement provides additional rental upside through build-out. With legal-duplex designation, separate hydro metering, current NOI, rent-reset potential, and a clear basement expansion opportunity, 29 Gertrude Street is well positioned for an investor seeking both immediate income and long-term appreciation in a tenant-dense Hamilton lower-city pocket.
104 Rosslyn Avenue, Hamilton
4+2
BEDS
3
BATHS
$639,999
FOR SALE
Few properties offer this kind of balance:- a well-maintained income-generating duplex with the footprint, the finishes, and the location to attract quality tenants from day one. This 2.5-storey property in Crown Point has been kept to a standard that shows from the moment you step inside. Both units offer three bedrooms and two storeys of living space - giving each a sense of home rather than suite. The main floor unit has two full bathrooms including full laundry and a main floor bedroom, and a walk-up basement, providing layout flexibility that tenants consistently value. Both units have their own dishwasher. Two parking spaces via the rear laneway round out a package that is genuinely low-friction to manage and easy to lease. The neighbourhood does as much work as the building itself. Gage Park, three other parks, the YMCA, and Bernie Morelli Recreation Centre are all less than 1 kilometre away. Plus the shops along Ottawa Street are steps away too - the kind of daily-life amenities that help keep vacancy low and tenants happy. For commuters, a GO station sits less than four kilometres out. At over 2,000 square feet of living space and move-in/rent-ready, this duplex is the kind of asset that delivers from day one, and a renovation budget or a contractor on speed dial. Book your private showing today!
38 Norway Avenue, Hamilton
4
BEDS
3
BATHS
$614,900
FOR SALE
Step into timeless charm blended with modern convenience at 38 Norway Avenue-a beautifully updated 2.5-storey duplex in the highly desirable Blakely/St. Clair neighbourhood. Built in 1914, this solid brick home offers character you simply can't replicate, paired with the peace of mind that comes from extensive professional upgrades throughout. Fully finished on all three levels by skilled contractors, this property is truly turn-key-ideal for investors, multi-generational families, or savvy buyers looking to offset mortgage costs. Whether you choose to live in one unit and rent the other, or maximize its income potential as a full rental, the flexibility here is unmatched. Outside, enjoy the rare convenience of ample parking at both the front and rear of the property. Location is everything-and this home delivers. Nestled in a vibrant, sought-after community, you're just minutes from hospitals, public transit, popular restaurants, and everyday shopping. Don't miss your chance to own a piece of Hamilton's character-filled history with all the updates already done for you. Be sure to review the full list of improvements attached to the listing-this is one you'll want to see in person.
175 Burris Street, Hamilton
4
BEDS
3
BATHS
$539,000
FOR SALE
Fantastic opportunity in the sought-after St. Clair area. This solid brick 2-family duplex is conveniently located close to all amenities in a friendly, walkable neighbourhood. 9' ceilings on the main floor, hardwood and banister stairwells make this a unique property. Over 1,400 square feet split across two self-contained units plus finished basement. 1): Main floor 1-bedroom unit includes use of the lower level which provides an additional 425 sq. ft, private laundry and large 4-piece bathroom. 2): Second floor + loft: 3-bedroom unit with 2 bathrooms and lots of living space. Lower unit currently rented and 2nd level is newly vacant. A great investment or chance to make this your own personal character home with growing demand for this pocket of Hamilton. Features: Separate entrances, close to Gage Park, transit, schools, and downtown core.
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