58 Arthur Avenue

Hamilton, ON L8L 6C5 ( Gibson)

Quick Facts

Type: Duplex

Style: 2 1/2 Storey

Size: Sq Ft

Age: Years

Taxes: $ 3,800 ( 2026)

Updated: 2026-10-20 14:12:13

Description

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.

Extras

Duplex

Property

Status: For Sale

MLS #: X14097326

Price: $ 725,000

Address: 58 Arthur Avenue

Type:

Style: 2 1/2 Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 3,800

Tax Year: 2026

Lot Size:

Neighbourhood: Gibson

Nearest Intersection: Wilson and Wentworth St N

City: Hamilton

Postal Code: L8L 6C5

DOM: 2 Days

Last Update: 2026-10-20 14:12:13

 

Building

Interior

Bedrooms: 4

Bathrooms: 4

Rooms: 0

Kitchens: 4

Family Room:

Fireplace:

Basement: Finished with Walk-Out,

Central Vacuum:

 

Exterior

Exterior: Brick,

Driveway:

Garage:

Garage Spaces:

Parking Spaces: 2.00

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Water:

Sewers:

 

Features

 

Rooms