93 Barnesdale Boulevard Hamilton (Stipley), Ontario L8M 2V5
$849,900
LEGAL non-conforming triplex situated on a quiet boulevard in the Hamilton downtown core. This massive value add opportunity features 3814 (5000 sq ft including basement) square feet ready for stabilization. Unit mix includes main floor- 2bed, 1bath (1426 sq ft) $2152.50 + hydro, second floor 2bed, 1 bath (1426 sq ft) $1063 + hydro, third floor/loft 1bed, 1bath $1048 + hydro. All on month to month leases. Square footage is spread out effectively creating large units with upside on renovations and reconfiguring the space. Loft unit was renovated in the last few years. The opportunity continues with an unspoiled 1242 sq ft basement w/ walk-up & high ceilings optimal for creating storage lockers and possible coin op laundry setup for the building. Zoned the coveted R1A you'll also find ease in a large detached garage (306 sq ft) perfect for a 4th legal unit. Lastly, the parcel includes a semi-detached 1 bay garage on the opposite side (ideal for storage/possible income-176 sq ft). Endless upside with this massive asset including ample parking & a reconstructed roof (including sheathing) in 2015. Potential stabilized rent of almost $8000 across 4 units. Second floor unit is VACANT! Allowing for market rent and access to unit renovations immediately! (id:49187)
Property Details
| MLS® Number | X12353731 |
| Property Type | Multi-family |
| Neigbourhood | Stipeley |
| Community Name | Stipley |
| Equipment Type | Water Heater |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| Appliances | All |
| Basement Features | Walk-up |
| Basement Type | N/a |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 3 |
| Size Interior | 3500 - 5000 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 97 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 97 Ft |
| Size Total Text | 50 X 97 Ft |
| Zoning Description | R1a |
https://www.realtor.ca/real-estate/28753532/93-barnesdale-boulevard-hamilton-stipley-stipley
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August 19 2025 11:54:00
Toronto Real Estate Board
Revel Realty Inc.