$699,900 - 106 BARNESDALE Avenue, Hamilton
Multi-Family for Sale in Hamilton
Neighbourhood: Stipley
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- X13757614
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 29
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Taxes (2025)
- $4,461
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
RARE DOWNTOWN HAMILTON OPPORTUNITY. TURNKEY LEGAL DUPLEX + IN-LAW SUITE. This is the kind of property buyers wait for. Exceptionally versatile and ready to move in or generate extra income! Whether you're an investor, a first-time buyer looking to offset your mortgage, or a family seeking flexible multi-generational living, this property offers an incredible combination of location, space and functionality. Fully renovated in 2020 from top to bottom, with extensive upgrades including electrical, plumbing, HVAC, windows, framing, drywall, flooring, kitchens with stainless steel appliances, bathrooms with modern finishes, trim, doors and waterproofing. Additional peace of mind comes with a roof updated in 2023, 200-amp electrical panel, and sump pump. The legal duplex with in-law suite offers an incredibly flexible layout: 1 bedroom + 4-piece bath on the main level, 3 bedrooms + 4-piece and 3-piece baths upstairs, plus 1 bedroom + 4-piece bath in the lower level. Each living space features separate hydro metering, in-suite laundry, and updated kitchens and bathrooms, providing privacy and convenience for everyone. The exterior delivers just as much value with a prime corner lot, covered front porch, freshly paved double wide, 3-car driveway and detached garage for additional parking or storage. Located in prime Downtown Hamilton, you're surrounded by shops, restaurants, transit, amenities and everyday conveniences. Whether you're looking to build wealth, reduce your monthly housing costs, or create the perfect setup for your family, this property gives you options that few homes can match.
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
5-yr fixed avg.
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.
Discover Stipley
Stipley 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 Stipley
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Stipley 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.
106 BARNESDALE Avenue, Hamilton
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $467/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.
Market Position
At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.
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.
About Stipley
I know Stipley well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.