$749,999
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5 Barnesdale Avenue, Hamilton on L8M 2V1, Hamilton, ON L8M 2V1

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6 Beds
3 Baths
2,462 Sq Ft

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.

Listing By: Zac Willms - Royal LePage Burloak Real Estate Services cnitso Realty.com
  • MLS® 40861672
  • Date Listed09/16/2026
  • Days on Realty 12 Days
  • Bedrooms 6
  • Bathrooms 3 Full baths
  • Lot Size -
  • County Hamilton
  • Square Feet 2,462 sq. ft
  • Price Per Sq. Ft $304.63

Interior Features

  • Cooling None
  • Heating Electric Forced Air

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Urban, City Lot, Highway Access, Hospital, Library, Place of Worship, Playground Nearby, Public Parking, Public Transit, Schools, Shopping Nearby

Directions

King St E to Barnesdale Ave S

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L8M 2V1

Discover key demographics, population statistics, and environmental insights for the Hamilton, ON area.

Walkability in ON / L8M 2V1

Source: Walk Score

91/100

Walker's Paradise

Walk Score ®

60/100

Good Transit

Transit Score ®

74/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

11 nearby routes: 11 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 59/100, Transit Score: 50/100, Bike Score: 54/100.

Points of Interest near 5 Barnesdale Avenue, Hamilton ON L8M 2V1, Hamilton, ON L8M 2V1

Frequently Asked Questions for 5 Barnesdale Avenue, Hamilton ON L8M 2V1

Source: Realty.com

5 Barnesdale Avenue, Hamilton ON L8M 2V1, Hamilton, ON L8M 2V1 in Hamilton, ON L8M 2V1 is a single family residence listed at $749,999. Highlights include 6 bedrooms, 3 bathrooms, 2,462 sq. ft., $305 per sq. ft.. Realty.ca has 11 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 11 photos of 5 Barnesdale Avenue, Hamilton ON L8M 2V1.

The full address for this home is 5 Barnesdale Avenue, Hamilton ON L8M 2V1, Hamilton, ON L8M 2V1.

5 Barnesdale Avenue, Hamilton ON L8M 2V1 has been listed on Realty.com since Wed September 16, 2026

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 59/100, Transit Score: 50/100, Bike Score: 54/100.

Listing provided courtesy of: Royal Lepage Burloak Real Estate Services - itso - 1840029 (tel: 905-634-7755)
Listing agent: Zac Willms (tel: 905-745-7728)

This content last refreshed on 2026-09-28 14:23:05. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.