$ 725,000
58 Arthur Avenue N
58 Arthur Avenue N, Hamilton, ON L8L6C5 Photo 1
39 Photos
58 Arthur Avenue N, Hamilton, ON L8L6C5 Photo 2
58 Arthur Avenue N, Hamilton, ON L8L6C5 Photo 3
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58 Arthur Avenue N, Hamilton

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. (id:1945)
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Property details for 58 Arthur Avenue N, Hamilton

Type
Multi-family
Bedrooms
4
Bathrooms
4
Living Area
1,996 square feet
Lot Size
0.05
Stories
2.5
Basement
Finished, Full
Parking
Open
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Brick
Ownership
Freehold
Annual Taxes
$3,800

Nearby Listings Stat

Estimated price and comparable properties near 58 Arthur Avenue N

Active Listings
19
Min Price
$60,000
Max Price
$1,749,919
Avg Price
$800,022
Days on Market
43
days
Sold Listings
4
Min Sold Price
$499,990
Max Sold Price
$595,000
Avg Sold Price
$564,748
Days until Sold
60
days

Neighbourhood Census Data

Hamilton, Ontario

Population
440
Median Age
30.8
Median Income
$22,464
Dwelling Value
$219,526

Housing Tenure

Owners 56%
Renters 44%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.9
Pop. Density: 6,790.1/km²
Avg Shelter Cost: $992/mo
Owners with Mortgage: 68.4%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 37.5%
English only: 84.1%
English and French: 8%
Neither: 8%
Median Household Income: $44,416
Median Employment Income: $24,256

Price History

Listed
October 20, 2026
by eXp Realty
Current Price
$725,000
Type
Multi-family
For Sale
58 Arthur Avenue N

Contact Agent Get in touch about 58 Arthur Avenue N, Hamilton

Bernard Arzadon
eXp Realty

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