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For Sale

Duplex #X13541290

$650,000

Estimated value: $620,000

5%

65 Kinrade Ave

Hamilton - Gibson

5 bds
2 ba
1500-2000 sqft
Commutes
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Property history Buy/sell history for 65 Kinrade Ave Hamilton

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$650,000

For Sale

Date: 08 Jul, 2026 130 days
X13541290
Property details
Highlights
Home value
Rental analysis
Payments
Market trends

Home facts

Details

Rooms

Tax
$1800/yr
Property type
Duplex
Style
2-Storey
Sqft
1500-2000
Lot size
21.75 x 94.5
Price/sqft
$325.00/sqft
Basement
Unfinished
Parking
None garage, 2 parking
MLS® #
X13541290
Major intersection
Barton St E & Kinrade Ave.
Neighbourhood
Gibson
Listed on
08 Jul, 2026

About this home

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. Read More

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Property is listed by EXP REALTY

We are hiring | Join ReApp team

Property is listed by EXP REALTY

We are hiring | Join ReApp team

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