Kitchen (4.37335 × 2.69)
Level: Main
5 Barnesdale Ave
Stipley, Hamilton, Ontario L8M 2V1
Description
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13797112
- Board
- TRREB MLS®
- Days on market
- Tax
- $4,471
- Size
- 2000-2500 sqft
- Lot
- 28 × 85 Feet
- Parking
- None, 2 Parking
Listing History
Buy/Sell history for 5 Barnesdale Ave, Hamilton, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $749,999 | N/A | For Sale | X13797112 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Detached
- Style
- 2 1/2 Storey
- Community
- Stipley
- Municipality
- Hamilton
Inside
- Bedrooms
- 5+1
- Bathrooms
- 3
- Bathroom Detail
- 1, 4pc, Main
- Bathroom Detail
- 1, 3pc, 2nd
- Bathroom Detail
- 1, 4pc, Bsmt
- Basement Type
- Part Fin
- Kitchens
- 2
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air
Building
- Size
- 2000-2500 sqft
- Construction
- Brick
Parking
- Driveway
- Pvt Double
- Garage Type
- None
- Add. Parking
- 2
- Total Parking
- 2
Land
- Sewer
- Sewers
- Lot Size
- 28 × 85 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
- Extras
- All as-is, where-is.
Rooms (9)
Br (4.06 × 3.35)
Level: Main
Kitchen (3.76 × 3.23)
Level: 2nd
2nd Br (3.35 × 2.87)
Level: 2nd
3rd Br (3.35 × 2.59)
Level: 2nd
4th Br (3.35 × 2.84)
Level: 2nd
5th Br (7.77 × 3.3)
Level: 2nd
Kitchen (2.18 × 2.74)
Level: Bsmt
Br (1.6 × 2.46)
Level: Bsmt
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
14 records read 8 on record nearby 6 checked, none on recordRead 2026-11-04
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m20 test or monitoring holes also recorded.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 9.8 km
Province of Ontario open data
Around the home
- Nearest rail line: 800 m
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 70 m away. Routes and stops change; check the agency’s schedule.
- A trail on the Ontario trail network within 1 km
Province of Ontario open data · Municipal transit open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is GFL Environmental Services Inc. — GFL Environmental Services Inc. (Hamilton - Lottridge), 880 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Alectra Utilities Corporation
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Dotto One, Rogers. Cable: Cogeco Connexion, Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$3,438
- Down payment$150,000
- Mortgage amount$599,999
- Total interest$431,401
- Total cost$1,181,400
Cash flow analysis
$3,438
Total monthly payment
$3,811
Break-even down payment
100%
Cash flow-$3,811
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$749,999
$749,999
CAD
Estimated market value
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