Type: Duplex
Style: 2 1/2 Storey
Size: Sq Ft
Age: Years
Taxes: $ 2,400 ( 2025)
Updated: 2026-07-04 14:42:10
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
Duplex
Status: For Sale
MLS #: X13522706
Price: $ 685,000
Address: 99 Sanford Avenue
Type:
Style: 2 1/2 Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 2,400
Tax Year: 2025
Lot Size:
Neighbourhood: Gibson
Nearest Intersection: Sanford Ave And Cannon St
City: Hamilton
Postal Code: L8L 5Z1
DOM: 9 Days
Last Update: 2026-07-04 14:42:10
Bedrooms: 5
Bathrooms: 2
Rooms: 0
Kitchens: 2
Family Room:
Fireplace:
Basement: Separate Entrance,
Central Vacuum:
Exterior: Brick,
Driveway:
Garage:
Garage Spaces:
Parking Spaces: 2.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: Central Air
Water:
Sewers: