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For saleMLS® X13797112

5 Barnesdale Avenue, Hamilton, ON L8M 2V1

Stipley, Hamilton · Near King St E · View map

$749,999
5+1Beds
3Baths
2000–2500Sq ft
2-storey detached homeType
2 totalParking
Partially Finished, Partial BasementBasement
$4,471/yrTaxes
Call / Text Will
$749,999
FreeholdNo monthly condo fee
Parking for 2Comes with the home
Lot 28 x 85 ftThe land comes with the home

About this home

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.

The home

Type
2-storey detached home
Style
2 1/2 Storey
Square footage
2000-2500 sq ft
Bedrooms
5
Basement bedrooms
1
Bathrooms
3
Kitchens
3
Rooms
8
Basement
Partially Finished, Partial Basement
Lot size
28 x 85 ft
Faces
West

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Brick, Vinyl Siding

Heating & cooling

Heating fuel
Electric
Heating type
Forced Air
Fireplace
No

Garage & parking

Driveway spaces
2
Total parking
2
Parking features
Private Double

Taxes & other

Property taxes
$4,471/yr
Tax year
2026
Occupancy
Vacant
Possession
flexible
Cross street
King St E
Neighbourhood
Stipley

More

Price per sq ft
~$333 (at 2,250 sq ft)
MLS® number
X13797112

The home and its surroundings

  • Hospital
  • Library
  • Place Of Worship
  • Public Transit
  • School
Want to know something that isn’t listed?
Estimated monthly cost$3,398per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    5 Barnesdale Avenue, Hamilton, ON L8M 2V1

    Stipley, Hamilton · Near King St E

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    Sold history

    Listing history for 5 Barnesdale Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 5 Barnesdale Avenue

    Answers come straight from this home’s MLS® listing.

    How much is 5 Barnesdale Avenue listed for, and what would it cost each month?

    5 Barnesdale Avenue is listed for $749,999. With 20% down ($150,000), the mortgage payment would be roughly $3,025 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,398 a month, all in. That figure is an illustration, not a quote.

    Is 5 Barnesdale Avenue freehold or a condo, and is there a monthly fee?

    5 Barnesdale Avenue is a 2-storey detached home in Stipley, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 5 Barnesdale Avenue have?

    5 Barnesdale Avenue has 5 bedrooms, plus 1 more bedroom in the basement, and 3 bathrooms. The listing gives the style as 2 1/2 storey.

    Does 5 Barnesdale Avenue have a garage and parking?

    The listing does not show a garage. The driveway adds 2 spaces. In total the listing counts 2 parking spaces.

    Does 5 Barnesdale Avenue have a finished basement?

    The listing describes the basement as partially finished, partial basement. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown.

    What style of home is 5 Barnesdale Avenue?

    5 Barnesdale Avenue is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.

    How big is 5 Barnesdale Avenue, and what is the lot size?

    The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 28 x 85 ft.

    How is 5 Barnesdale Avenue heated and cooled?

    Heating is forced air (electric). The listing does not show air conditioning.

    What are the property taxes for 5 Barnesdale Avenue?

    Property taxes are $4,471 a year (2026), or about $373 a month.

    Where is 5 Barnesdale Avenue?

    5 Barnesdale Avenue is in the Stipley community of Hamilton. The nearest main intersection is King St E. The postal code is L8M 2V1.

    Is 5 Barnesdale Avenue still for sale?

    Yes. It is an active listing (MLS® X13797112). Listings here update from the board through the day and come down once a home sells.

    What are similar detached homes near 5 Barnesdale Avenue asking?

    Similar detached homes for sale nearby right now include 1088 King Street E at $650,000 (4 bed), 88 Gage Avenue S at $589,900 (4 bed) and 50 Somerset Avenue at $549,900 (3+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 5 Barnesdale Avenue sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 5 Barnesdale Avenue?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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