Listed for:Listed Sep 16, 2026
$749,999

5 Barnesdale Avenue

Hamilton (Stipley), ON L8M 2V1

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 5 Barnesdale Avenue, Hamilton, Stipley

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 5 Barnesdale Avenue, Hamilton, Stipley

Summarized Description

  • Excellent opportunity for builders and investors.
  • Approved zoning for new residential development.
  • Submitted permits for a proposed 5-unit building.
  • Includes a mix of 1- and 3-bedroom units.
  • Features balconies and bicycle parking.
  • Located in a Transit Oriented Corridor.
  • Proposed plans available for review.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,471
Land Transfer Tax Fee
$11,475

Rental Items

Rental Equipment
Hot water heater.

Basement Type
Partially Finished, Partial Basement

Interior Features

Interior Extras
Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Hospital, Library, Place Of Worship, Public Transit, School

Building

Building Type
Detached
Building Style
2 1/2 Storey

Construction

Exterior Finish
Brick, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
28.00 ft
Lot Depth
85.00 ft

Inclusions

Inclusions
All as-is, where-is.

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Electric
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
5 + 1
Washrooms
3
Kitchens
3

Room sizes

  • Bedroom 3—
    Second level
  • Bedroom 4—
    Second level
  • Kitchen—
    Second level
  • Kitchen—
    Main level
  • Bedroom—
    Main level
  • Bedroom 2—
    Second level
  • Kitchen—
    Basement level
  • Bedroom—
    Basement level
  • Bedroom 5—
    Second level

Washrooms

  • 4-piece, Main
  • 3-piece, Second
  • 4-piece, Basement

Municipality
Hamilton
Neighbourhood
Stipley
Main cross streets
King St E
Directions
King St E to

MLS® number
X13797112
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-16
Updated on
2026-09-18
Days on market
40 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Home Market Value

Current home valuation for 5 Barnesdale Avenue, Hamilton, Stipley, Hamilton, ON. Listed for $749,999

HOMEH Estimate

?

$681,633

Estimated Sales Range

?

$538,490 - $824,776

HOMEH Estimate for 5 Barnesdale Avenue, Hamilton, Stipley

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$681,633Medium confidence
Based on 4 comparable properties
+ $68,366 (10%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Hamilton, ON
Minimum Down Payment Required:6.7%

5% on first $500K + 10% on $249,999 over $500K

Minimum down payment

$50,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$27,990$20,925$17,850$0
=Total mortgage
$727,739$695,924$655,349$599,999
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,553monthly$3,398monthly$3,200monthly$2,929monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$11,475

Total Land Transfer Tax

$11,475

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