For Sale: 99 Sanford Avenue N, Hamilton, ON - REW
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$685,000
5 bd • 2 ba • 1500 - 2000 sf • Duplex
99 Sanford Avenue N
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$685,000
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99 N Sanford AvenueHamilton, ON, L8L 5Z1

Gibson
  • 5 Bed
  • 2 Bath
  • 1500 - 2000 Sqft
  • Duplex

About this home

This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. 99 Sanford Avenue N, Hamilton is a value-add duplex-plus-rooms property in Hamilton's west-end Landsdale neighborhood, offered at a 5.49% in-place cap rate with a clear, built-in path to higher income. The property generates $49,080 in gross annual rent and $37,638 NOI at an asking price of $685,000.Configured as a one-bedroom main-floor apartment and a four-room upper unit, the building runs on two hydro meters with front parking - a rentable amenity in this lower-city location. Four of the five occupied doors are month-to-month, giving an incoming owner immediate room to reset rents to market as tenancies turn, with no additional acquisition required. The stand-out upside is the basement: counted as a sixth door with its own separate side entrance, it is currently vacant and ready to be finished and leased as a private, self-contained unit - adding a brand-new income stream that isn't yet reflected in the in-place numbers. Between the month-to-month resets and the basement lease-up, a new owner has two distinct, low-risk levers to grow NOI from day one. Situated in an appreciating pocket close to transit, schools, and everyday amenities, 99 Sanford offers strong room-rental income today plus genuine value-add on top. Ideal for an investor building a Hamilton rental base or adding a room-rich, high-upside asset to an existing portfolio. - Duplex + rooms, Price: $685,000 - Gross annual rent: $49,080, Net operating income: $37,638, Cap rate: 5.49% (in-place) - Doors: 6 (5 occupied / 83%; basement vacant) Configuration: 1-bed main floor + 4-room upper unit + vacant side-entrance basement (6th door) -Metering / parking: Two hydro meters, front parking
Listed by: Mina Bishay, Salesperson, EXP REALTY

Home facts and features

Price details
List Price
$685,000
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Gross Taxes for 2025
$2,400
Home facts
Bedrooms
5
Full Bathrooms
2
Parking Spaces
2
Property Type
Duplex
Lot Size
26 ft x 100 ft (2600 ft²)
Depth
100.0
Frontage
26.0
Exterior Finish
Brick
Heating Type
Forced Air, Gas
Cooling
Central Air
Basement Details
Separate Entrance
Community
Agent details
Primary Agent
Mina Bishay
Primary Broker
EXP REALTY
Listing details
Days on REW
1 Day
MLS® Number
X13522706
Source
Toronto Real Estate Board
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Property Insights

Cathedral High School
  • Catholic
  • 9 - 12
Cathy Wever Elementary Public School
  • Public
  • JK - 8
St. Brigid Catholic Elementary School
  • Catholic
  • JK - 8
St. Ann (Hamilton) Catholic Elementary School
  • Catholic
  • JK - 8
St. Patrick Catholic Elementary School
  • Catholic
  • JK - 8
Prince of Wales Elementary Public School
  • Public
  • JK - 8
Adelaide Hoodless Public School
  • Public
  • JK - 8
Dr. J. Edgar Davey Elementary Public School
  • Public
  • JK - 8
Living Hope Christian School
  • Private
  • 9 - 12
Sacred Heart of Jesus Catholic Elementary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Office:
866-530-7737
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