More Photos

×

    For Sale - 99 Sanford Avenue, Hamilton, Ontario

    Est payment $3,289/mo
    Get pre-qualified
    Views   1
    Time on Jump  1 days

    AI Summary *

    • Part of a 15-property multifamily portfolio for flexible investment options.
    • Value-add duplex with potential for increased rent and income streams.
    • Convenient location near transit, schools, and amenities for tenant appeal.
    • Month-to-month tenancies allow for quick rent adjustments.
    • Vacant basement offers opportunity for additional income generation.




    This is an investment property offered as part of a 15-property multifamily portfolio for sale across hamilton, windsor, port colborne, and oshawa, ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact mina bishay at exp realty. 99 sanford avenue n, hamilton is a value-add duplex-plus-rooms property in hamilton's west-end landsdale neighborhood, offered at a 5. 49% in-place cap rate with a clear, built-in path to higher income. The property generates $49,080 in gross annual rent and $37,638 noi at an asking price of $685,000. Configured as a one-bedroom main-floor apartment and a four-room upper unit, the building runs on two hydro meters with front parking - a rentable amenity in this lower-city location. Four of the five occupied doors are month-to-month, giving an incoming owner immediate room to reset rents to market as tenancies turn, with no additional acquisition required. The stand-out upside is the basement: counted as a sixth door with its own separate side entrance, it is currently vacant and ready to be finished and leased as a private, self-contained unit - adding a brand-new income stream that isn't yet reflected in the in-place numbers. Between the month-to-month resets and the basement lease-up, a new owner has two distinct, low-risk levers to grow noi from day one. Situated in an appreciating pocket close to transit, schools, and everyday amenities, 99 sanford offers strong room-rental income today plus genuine value-add on top. Ideal for an investor building a hamilton rental base or adding a room-rich, high-upside asset to an existing portfolio. - duplex + rooms, price: $685,000 - gross annual rent: $49,080, net operating income: $37,638, cap rate: 5. 49% (in-place) - doors: 6 (5 occupied / 83%; basement vacant) configuration: 1-bed main floor + 4-room upper unit + vacant side-entrance basement (6th door) -metering / parking: two hydro meters, front parking
    Listing IDX13522706
    Address99 Sanford Avenue
    CityHamilton, Ontario
    Price$685,000
    Bed / Bath5 / 2 Full
    Style2 1/2 Storey, Duplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

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

    Parking 2.00
    ASAP

    Tue

    7

    Jul

    Wed

    8

    Jul

    Thu

    9

    Jul

    Fri

    10

    Jul

    Sat

    11

    Jul

    Sun

    12

    Jul

    Mon

    13

    Jul

    Tue

    14

    Jul

    Wed

    15

    Jul

    Thu

    16

    Jul

    Fri

    17

    Jul

    Sat

    18

    Jul

    Sun

    19

    Jul

    Mon

    20

    Jul

    Tue

    21

    Jul

    Wed

    22

    Jul

    Thu

    23

    Jul

    Fri

    24

    Jul

    Sat

    25

    Jul

    Sun

    26

    Jul

    Mon

    27

    Jul

    Tue

    28

    Jul

    Wed

    29

    Jul

    Thu

    30

    Jul

    Fri

    31

    Jul

    Sat

    1

    Aug

    Sun

    2

    Aug

    Mon

    3

    Aug

    Tue

    4

    Aug

    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

    53 Elysian Fields Circle
    Brampton, Ontario.
    8 Beds | 6 Baths
    $1,759,000
    103 Glenngarry Crescent
    Vaughan, Ontario.
    4 Beds | 4 Baths
    $888,000
    43 Newbury Drive
    Newmarket, Ontario.
    5 Beds | 2 Baths
    $749,888
    3265 Vigo Road
    Springwater, Ontario.
    3 Beds | 2 Baths
    $888,888
    51 Wakefield Street
    Woolwich, Ontario.
    4 Beds | 3 Baths
    $799,900
    1436 Gulledge Trail
    Oakville, Ontario.
    5 Beds | 4 Baths
    $1,585,000
    32 Arco Circle
    Vaughan, Ontario.
    3 Beds | 5 Baths
    $1,050,000
    8 Applefield Drive
    Toronto, Ontario.
    6 Beds | 3 Baths
    $999,000
    80 Bude Street
    Toronto, Ontario.
    4 Beds | 5 Baths
    $2,695,000
    Loading...
    99 Sanford Avenue
    Hamilton , Ontario
    5 2 $685,000
    Get more info