For sale

C$749,999

5 Barnesdale Ave S, Hamilton, ON L8M 2V1

6beds

2,462sqft

Get pre-qualified

Single Family Residence, Residential

Built in ----

2,380 Square Feet Lot

$-- Zestimate^®

C$305/sqft

C$-- HOA

What's special

Bicycle parking

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.

52 days
12
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3
Main level bathrooms: 1
Main level bedrooms: 1

Bedroom

Level: Main

Bedroom

Level: Second

Bedroom

Level: Second

Bedroom

Level: Second

Bedroom

Level: Third

Bedroom

Level: Basement

Bathroom

Features: 4-Piece
Level: Main

Bathroom

Features: 3-Piece
Level: Second

Bathroom

Features: 4-Piece
Level: Basement

Kitchen

Level: Main

Kitchen

Level: Second

Kitchen

Level: Basement

Heating

Electric Forced Air

Cooling

None

Appliances

Laundry: In-Suite

Features

Other
Basement: Partial,Partially Finished
Has fireplace: No

Interior area

Total structure area: 2,462
Total interior livable area: 2,462 sqft
Finished area above ground: 2,462

Property

Parking

Total spaces: 2
Parking features: Private Drive Double Wide
Uncovered spaces: 2

Features

Stories: 2
Frontage type: West
Frontage length: 28.00

Lot

Size: 2,380 Square Feet
Dimensions: 28 x 85
Features: Urban, City Lot, Highway Access, Hospital, Library, Place of Worship, Playground Nearby, Public Parking, Public Transit, Schools, Shopping Nearby

Details

Parcel number: 172100153
Zoning: TOC3

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Single Family Residence, Residential

Materials

Brick, Vinyl Siding
Foundation: Concrete Block
Roof: Asphalt Shing

Condition

100+ Years
New construction: No

Utilities & green energy

Sewer: Sewer (Municipal)
Water: Municipal

Community & HOA

Location

Region: Hamilton

Financial & listing details

Price per square foot: C$305/sqft
Annual tax amount: C$4,471
Date on market: 9/17/2026
Inclusions: Other, All As-Is, Where-Is.

Price history

Date	Event	Price
9/17/2026	Listed for sale	C$749,999-6.2%C$305/sqft
Source: ITSO #40861672 Report a problem
4/20/2022	Listing removed	--
Source: Cornerstone Association of REALTORS® - Hamilton-Burlington #H4131092 Report a problem
4/6/2022	Listed for sale	C$799,900C$325/sqft
Source: Cornerstone Association of REALTORS® - Hamilton-Burlington #H4131092 Report a problem