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$685,000
Ontario,Hamilton (Gibson)
For Sale Active
99 SANFORD AVENUE N, Hamilton (Gibson), Ontario L8L5Z1
  • 5
  • 2
  • 1500 - 2000Square Feet
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Basic Details
Description

This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. 99 Sanford Avenue N, Hamilton is a value-add duplex-plus-rooms property in Hamilton’s west-end Landsdale

neighborhood, offered at a 5.49% in-place cap rate with a clear, built-in path to higher income. The property generates $49, 080 in gross annual rent and $37, 638 NOI at an asking price of $685, 000.Configured as a one-bedroom main-floor apartment and a four-room upper unit, the building runs on two hydro meters with front parking – a rentable amenity in this lower-city location. Four of the five occupied doors are month-to-month, giving an incoming owner immediate room to reset rents to market as tenancies turn, with no additional acquisition required. The stand-out upside is the basement: counted as a sixth door with its own separate side entrance, it is currently vacant and ready to be finished and leased as a private, self-contained unit – adding a brand-new income stream that isn’t yet reflected in the in-place numbers. Between the month-to-month resets and the basement lease-up, a new owner has two distinct, low-risk levers to grow NOI from day one. Situated in an appreciating pocket close to transit, schools, and everyday amenities, 99 Sanford offers strong room-rental income today plus genuine value-add on top. Ideal for an investor building a Hamilton rental base or adding a room-rich, high-upside asset to an existing portfolio. – Duplex + rooms, Price: $685, 000 – Gross annual rent: $49, 080, Net operating income: $37, 638, Cap rate: 5.49% (in-place) – Doors: 6 (5 occupied / 83%; basement vacant) Configuration: 1-bed main floor + 4-room upper unit + vacant side-entrance basement (6th door) -Metering / parking: Two hydro meters, front parking (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13522706
  • Price: $685,000
  • Bedrooms: 5
  • Bathrooms: 2
  • Square Footage: 1500 - 2000 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 280225
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: N/A, Separate entrance
  • Parking: No Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Hamilton (Gibson), L8L5Z1
  • Street: Sanford
  • Street Number: 99
  • Street Suffix: Avenue
  • Longitude: W80° 9' 16.4''
  • Latitude: N43° 15' 16.5''
  • Street Dir Suffix: North
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 26 x 100 FT
  • Stories: 2.5
Financial
  • Tax Annual Amount: 2400
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Listing updated: 2026-07-04 15:45:56
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Listing Information
  • List Agent Key: 2247772
  • List Office Key: 280225
  • Modification Timestamp: 2026-07-04T15:45:02Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-07-04T15:39:25Z
Powered by REALTOR.ca
Listing updated: 2026-07-04 15:45:56
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