65 Kinrade Avenue
Hamilton, ON
- 5 bed
- 2 bath
- approx. 1500-2000 sqft
- Duplex
- 68 days on market
65 Kinrade Ave, Hamilton is an investment property within a portfolio. A legal duplex with a bonus room-rental upside, offered at a 6.18% in-place cap rate on current rents. This fully-tenanted, four-door property generates $48,468 in gross annual rent and $40,168 NOI, with a fifth door (basement) waiting to be rented. The main and upper duplex units are configured as a 2-bedroom main-floor apartment and a three-room upstairs unit, giving a new owner both self-contained and room-rental income in one building. Central heat and A/C, two A/C units, and two gas lines keep operating costs predictable, while separate hydro and water metering protects NOI from rising utility costs. All four occupied doors are month-to-month, giving a new owner a clear, low-risk path to reset rents to market on standard notice without waiting years for turnover. Beyond the in-place income, the basement is unfinished, has its own separate entrance, and is currently vacant - a fifth door that can be built out and rented, adding a new income stream on top of the in-place NOI without any change to the building's footprint. Situated in a tenant-dense Hamilton lower-city pocket that supports steady demand and long-term appreciation.
Listing Details
- Taxes (2025)
- $1,800
- Listed
- July 8, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Unknown
- Interior
- None
- Lot Size
- 21.75 x 94.5 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Barton St E & Kinrade Ave.
- Parcel Number
- 171970276
- Possession
- Immediate
- Occupancy
- Tenant
Schools
Elementary
- St. Ann (Hamilton) Catholic Elementary School0.2 km
Catholic · Hamilton-Wentworth CDSB · 375 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 52% met the provincial standard
- Prince of Wales Elementary Public School0.6 km
Public · Hamilton-Wentworth DSB · 540 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 49% met the provincial standard
- Cathy Wever Elementary Public School0.7 km
Public · Hamilton-Wentworth DSB · 540 students
Grade 3 reading: 56% met the provincial standard · Grade 6 math: 23% met the provincial standard
Secondary
- Bernie Custis Secondary School Secondary School0.9 km
Public · Hamilton-Wentworth DSB · 955 students
Grade 10 literacy: 65% met the provincial standard
- Cathedral High School1.5 km
Catholic · Hamilton-Wentworth CDSB · 1650 students
Grade 10 literacy: 64% met the provincial standard
- System Alternative Education Sir Isaac Brock Secondary School1.9 km
Public · Hamilton-Wentworth DSB · 65 students
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L8L
- Population
- 32,312
- Private dwellings
- 14,444
- Median age
- 36.4
- Average household size
- 2.4
- Median household income
- $65,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Hamilton · last 12 months
- Median sold price
- $680,000
- Homes sold
- 4,945
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,945 recorded sales of residential freehold properties in Hamilton over the last 12 months.
Listed by
EXP REALTY
Walk Score
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Location
Street View
Mortgage Calculator
$130,000
Estimated Monthly Payment
$3,193
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,193/mo (20% down, 5.5%)
Taxes: $150/mo · Insurance: $163/mo
Estimates only. Consult a financial advisor.
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