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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, Ontario

$749,999

  • 6 Beds
  • 3 Baths

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:23309)

  • Listing ID: X13797112
  • Property Type: Single Family
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Rooms

LevelTypeDimensions
Kitchen Second level 3.23 m x 3.76 m
Bedroom 2 Second level 2.87 m x 3.35 m
Bedroom 3 Second level 2.59 m x 3.35 m
Bedroom 4 Second level 2.84 m x 3.35 m
Bedroom 5 Second level 3.3 m x 7.77 m
Kitchen Basement 2.74 m x 2.18 m
Bedroom Basement 2.46 m x 1.6 m
Kitchen Main level 2.69 m x 4.3734 m
Bedroom Main level 3.35 m x 4.06 m

Details

  • Amenities Nearby: Hospital, Place of Worship, Public Transit, Schools
  • Equipment: Water Heater
  • Ownership: Freehold
  • Parking Spaces: 2
  • Rental Equipment: Water Heater
  • Transaction: For sale

Building

  • 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
  • Heating Fuel: Electric
  • Size Interior: 2000 - 2500 sqft
  • Stories Total: 2.5
  • Type: House
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Place of Worship, Public Transit, Schools
  • Sewer: Sanitary sewer
  • Size Frontage: 28 ft
  • Size Irregular: 28 x 85 FT
MLS®

Listing provided by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 5 BARNESDALE AVENUE in Hamilton Ontario. It was last modified on September 17th, 2026. Contact Jasmine Thiar to schedule a viewing or to discover other Hamilton homes for sale.

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