11 Barnesdale Avenue, Hamilton

Price: $799,900

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Multi-Family

MLS#: X13058524

Look no further - This turn-key 4 unit property in a prime Hamilton location makes an ideal home for any homeowner/investor! 11 Barnesdale Ave. N. features 4 self-contained 1-bedroom units, featuring strong rental appeal and consistent income potential in this high-demand area! 3 of the 4 units to be vacant on closing, allowing you to move in to a unit of your choice and generate income from the other 3. Thoughtfully updated and efficiently operated, the building includes 2 furnaces and 2 central A/C units (2020), 3 hydro meters & 2 gas meters-providing flexibility for expense management and future optimization. One unit features the convenience of in-suite laundry, while tenants in the remaining units benefit from a clean, shared laundry area (all with interior access). Parking is a standout feature with a front private driveway (permitted with the City) plus 2 additional spaces accessible via the rear alley. Major infrastructure upgrades include a 1-inch copper water service line (2021) and fully interconnected smoke alarms for enhanced safety and compliance. Located just steps from Hamilton Stadium & Ottawa St. shopping district, this property provides a rare chance to secure a high-performing multi-family asset in one of Hamilton's most dynamic neighbourhood's. Whether you're looking to expand your portfolio or secure a solid, low-maintenance investment, this home checks all the boxes!

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active
New Listing
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$799,900 - 11 Barnesdale Avenue, Hamilton

Multi-Family for Sale in Hamilton

New — Listed 3 days ago
4Beds
4Baths
1,500 - 1,999Sq Ft
Multi-Family
Property Details
MLS Number
X13058524
Property Type
Multi-Family
Status
active
Days on Site
3
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL LEPAGE STATE REALTY
Description

Look no further - This turn-key 4 unit property in a prime Hamilton location makes an ideal home for any homeowner/investor! 11 Barnesdale Ave. N. features 4 self-contained 1-bedroom units, featuring strong rental appeal and consistent income potential in this high-demand area! 3 of the 4 units to be vacant on closing, allowing you to move in to a unit of your choice and generate income from the other 3. Thoughtfully updated and efficiently operated, the building includes 2 furnaces and 2 central A/C units (2020), 3 hydro meters & 2 gas meters-providing flexibility for expense management and future optimization. One unit features the convenience of in-suite laundry, while tenants in the remaining units benefit from a clean, shared laundry area (all with interior access). Parking is a standout feature with a front private driveway (permitted with the City) plus 2 additional spaces accessible via the rear alley. Major infrastructure upgrades include a 1-inch copper water service line (2021) and fully interconnected smoke alarms for enhanced safety and compliance. Located just steps from Hamilton Stadium & Ottawa St. shopping district, this property provides a rare chance to secure a high-performing multi-family asset in one of Hamilton's most dynamic neighbourhood's. Whether you're looking to expand your portfolio or secure a solid, low-maintenance investment, this home checks all the boxes!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.90/mo

Includes CMHC insurance ($22,317)

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5-yr fixed avg.

Principal: $719,910Interest: $488,943
Mortgage Amount$742,227
Total Interest$488,943
Est. Property Tax$567/mo
Total Cost$1,231,170

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Hamilton

Discover Hamilton

Hamilton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Hamilton

  • Convenient location in Hamilton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Hamilton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

11 Barnesdale Avenue, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$2,466

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $533/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Hamilton. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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