5 BARNESDALE Avenue Hamilton
    • 5 BARNESDALE Avenue Hamilton
    • 5 BARNESDALE Avenue Hamilton
    • 5 BARNESDALE Avenue Hamilton
    • 5 BARNESDALE Avenue Hamilton
    • 5 BARNESDALE Avenue Hamilton
    • 5 BARNESDALE Avenue Hamilton
    • 5 BARNESDALE Avenue Hamilton
    • 5 BARNESDALE Avenue Hamilton
    • 5 BARNESDALE Avenue Hamilton
    • 5 BARNESDALE Avenue Hamilton
    • 5 BARNESDALE Avenue Hamilton

5 BARNESDALE Avenue, Hamilton

$749,999

  • 6 Bedrooms
  • 3 Bathrooms
  • 2,462 Square Feet

SHOVEL-READY CONSTRUCTION OPPORTUNITY! Excellent opportunity for builders, developers and investors in Hamilton's Gibson/Stipley South neighbourhood. Situated on an approximately 28' x 85' lot, this development is approved for a 3-storey, 5-unit residential building, with the permit in final municipal review and the seller delivering the property with the permit issued and in hand at closing, ready to start construction immediately. Construction financing of approximately $1.5M is already approved and a qualified buyer may be able to step into it, and the project qualifies for CMHC MLI Select take-out financing of approximately $1.9M on completion. Once built, the 5 units are projected to generate approximately $12,100/month in gross rent, supporting a stabilized value in the $2.4M-$2.65M range. The proposed plans feature a mix of 1- and 3-bedroom units, balconies, bicycle parking and an accessory building for bike storage and garbage. Drawings and plans are available for review. (id:58875)

  • Listing ID: 40861672
  • Property Type: Single Family

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Rooms

LevelTypeDimensions
Second Level3pc BathroomMeasurements not available
Second LevelBedroom9'4'' x 10'0''
Second LevelBedroom8'6'' x 11'0''
Second LevelBedroom9'5'' x 11'0''
Second LevelKitchen10'7'' x 12'4''
Third LevelBedroom10'10'' x 25'6''
Basement4pc BathroomMeasurements not available
BasementBedroom8'1'' x 5'3''
BasementKitchen9'0'' x 7'2''
Main Level4pc BathroomMeasurements not available
Main LevelBedroom11'0'' x 13'4''
Main LevelKitchen8'10'' x 14'4''

Details

  • Architectural Style: Contemporary
  • Amenities Nearby: Hospital, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Equipment: Water Heater
  • Ownership: Freehold
  • Parking Spaces: 2
  • Rental Equipment: Water Heater
  • Transaction: For sale
  • Zoning Description: TOC3

Building

  • Architectural Style: Contemporary
  • BasementType: Partial (Partially finished)
  • Basement Development: Partially finished
  • Bedrooms Main Level: 5
  • Bedrooms Lower Level: 1
  • Construction Style Attachment: Detached
  • Cooling: None
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace Present: False
  • Foundation: Block
  • Bathrooms (Total): 3
  • Heating: Forced air
  • Size Interior: 2462 sqft
  • Stories Total: 2.5
  • Type: House
  • Utility Water: Municipal water

Land

  • Access Type: Road access, Highway access
  • Amenities: Hospital, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Sewer: Municipal sewage system
  • Size Depth: 85 ft
  • Size Frontage: 28 ft

This property for sale is located at 5 BARNESDALE Avenue in Hamilton. It was last modified on September 22nd 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Hamilton homes for sale.

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