58 Arthur Avenue N
Hamilton (Gibson), ON L8L 6C5
- 4Bedrooms
- 4Bathrooms
- 2Parking
- 1500–2000Sq Ft
- $3,800Tax
- 25×79 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 58 Arthur Avenue N, Hamilton, Gibson
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 58 Arthur Avenue N, Hamilton, Gibson
Summarized Description
- Turnkey 4-unit investment in Hamilton's Gibson neighbourhood
- Fully renovated in 2021 with modern finishes
- Total of 4 self-contained units, all tenanted
- Current gross rent of $5,585/month
- 7.4% cap rate with strong net operating income
- Close to shops, transit, schools, and parks
- 2-car parking accessible from front and back
Turnkey 4-unit investment in Hamilton's Gibson neighbourhood. This legal duplex plus 2 additional units offers a total of 4 self-contained units, fully tenanted and ready for the next owner to take over. Fully renovated in 2021, all units feature modern finishes including quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes and renovated bathrooms. The main floor (Unit 1) is a 1 bed, 1 bath, the second floor (Unit 2) is a 2 bed, 1 bath, Unit 3 is a bachelor with 1 bath, and the basement (Unit 4) is a 1 bed, 1 bath. Current gross rent is $5,585/month ($67,022/year), current net operating income is approx. $53,564/year, a 7.4% cap rate. Income and expense summary available on request. The property has 2 hydro meters and 2-car parking at the rear, accessible from both the front and the back of the property, plus street parking. Close to King St E shops and transit, the future LRT line, schools and parks, with downtown Hamilton minutes away.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,800
- Land Transfer Tax Fee
- $10,975
Rental Items
- Rental Equipment
- Hot Water Tank
- Basement Type
- Finished with Walk-Out
Interior Features
- Interior Extras
- In-Law Suite
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2 1/2 Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 25.00 ft
- Lot Depth
- 78.77 ft
Inclusions
- Inclusions
- 4xFridge, 4x Range, all in as-is condition
Exclusions
- Exclusions
- Tenant belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4
- Washrooms
- 4
- Kitchens
- 4
Room sizes
- Bedroom—Main level
Washrooms
- 4-piece
- 3-piece
- Municipality
- Hamilton
- Neighbourhood
- Gibson
- Main cross streets
- Wilson and Wentworth St N
- Zoning
- D
- Directions
- Wilson then south on Arthur Ave N
- MLS® number
- X14097326
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-20
- Updated on
- 2026-10-20
- Days on market
- 1 day
- Possession type
- Immediate
- Co-op commission
- 2%+HST
- Seller
- Listed by
- eXp Realty
Home Market Value
Current home valuation for 58 Arthur Avenue N, Hamilton, Gibson, Hamilton, ON. Listed for $725,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 58 Arthur Avenue N, Hamilton, Gibson
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $225,000 over $500K
$47,500
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $27,086 | $20,228 | $17,255 | $0 |
=Total mortgage | $704,236 | $672,728 | $633,505 | $580,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,438monthly | $3,285monthly | $3,093monthly | $2,832monthly |
Land Transfer Tax
$10,975
$10,975
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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