65 Kinrade Avenue, Hamilton, ON L8L 6L5
Hamilton
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 65 Kinrade Avenue, Hamilton, ON L8L 6L5
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MLS# X13541290
Listed by EXP REALTY
On market since Jul 9, 2026
What comparable homes actually sold for in the last 12 months.
65 Kinrade Avenue, Hamilton, ON L8L 6L5 is listed for $650,000 CAD.
65 Kinrade Avenue, Hamilton, ON L8L 6L5 has 5 bedrooms and 2 bathrooms.
65 Kinrade Avenue, Hamilton, ON L8L 6L5 is a Duplex.
65 Kinrade Avenue, Hamilton, ON L8L 6L5 is in Hamilton, Ontario.
65 Kinrade Avenue, Hamilton, ON L8L 6L5 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 65 Kinrade Avenue, Hamilton, ON L8L 6L5 (MLS# X13541290). You can also send a message through the contact form on this site.
