Two-story home with light-colored siding, a covered front porch, and a bay window on the second level Features: horizontal siding, porch, shingle roof, electric meter More Photos

×

    For Sale - 65 Kinrade Avenue, Hamilton, Ontario

    Est payment $3,121/mo
    Get pre-qualified
    Views   4
    Time on Jump  76 day

    AI Summary *

    • Part of a multifamily portfolio with individual property purchase options.
    • Legal duplex with rental upside and strong in-place cap rate.
    • Generating consistent income with fully-tenanted units and additional basement potential.
    • Predictable operating costs with separate metering for utilities.
    • Located in a tenant-dense area, ensuring steady rental demand.




    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.
    Listing IDX13541290
    Address65 Kinrade Avenue
    CityHamilton, Ontario
    Price$650,000
    Bed / Bath5 / 2 Full
    Style2-Storey, Duplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features NoneOwnership FreeholdBasement UnfinishedFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 2.00
    ASAP

    Thu

    24

    Sep

    Fri

    25

    Sep

    Sat

    26

    Sep

    Sun

    27

    Sep

    Mon

    28

    Sep

    Tue

    29

    Sep

    Wed

    30

    Sep

    Thu

    1

    Oct

    Fri

    2

    Oct

    Sat

    3

    Oct

    Sun

    4

    Oct

    Mon

    5

    Oct

    Tue

    6

    Oct

    Wed

    7

    Oct

    Thu

    8

    Oct

    Fri

    9

    Oct

    Sat

    10

    Oct

    Sun

    11

    Oct

    Mon

    12

    Oct

    Tue

    13

    Oct

    Wed

    14

    Oct

    Thu

    15

    Oct

    Fri

    16

    Oct

    Sat

    17

    Oct

    Sun

    18

    Oct

    Mon

    19

    Oct

    Tue

    20

    Oct

    Wed

    21

    Oct

    Thu

    22

    Oct

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  EXP REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    545 Mohawk Road
    Hamilton, Ontario.
    5 Beds | 2 Baths
    $599,900
    61 Soho Street Unit# 19
    Hamilton, Ontario.
    3 Beds | 3 Baths
    $610,000
    15 Mapes Avenue
    Hamilton, Ontario.
    4 Beds | 2 Baths
    $699,900
    46 Murray Street
    Hamilton, Ontario.
    3 Beds | 2 Baths
    $699,000
    282 East 13th Street
    Hamilton, Ontario.
    3 Beds | 2 Baths
    $599,900
    410 King William Street
    Hamilton, Ontario.
    4 Beds | 2 Baths
    $599,999
    95 Fennell Avenue
    Hamilton, Ontario.
    5 Beds | 3 Baths
    $699,000
    312 Upper Paradise Road
    Hamilton, Ontario.
    4 Beds | 2 Baths
    $659,999
    86 Chelsea Crescent
    Hamilton, Ontario.
    3 Beds | 3 Baths
    $679,900
    Loading...
    65 Kinrade Avenue
    Hamilton , Ontario
    5 2 $650,000
    Get more info