58 Arthur Avenue N, Hamilton, ON L8L 6C5
Gibson, Hamilton · Near Wilson and Wentworth St N · View map
About this home
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. 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.
The home
- Type
- Duplex
- Style
- 2 1/2 Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Bathrooms
- 4
- Kitchens
- 4
- Rooms
- 3
- Basement
- Finished with Walk-Out
- Lot size
- 25 x 78.8 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 2
- Total parking
- 2
Taxes & other
- Property taxes
- $3,800/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- Wilson and Wentworth St N
- Neighbourhood
- Gibson
More
- Price per sq ft
- ~$414 (at 1,750 sq ft)
- MLS® number
- X14097326
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The home and its surroundings
- In-Law Suite
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
58 Arthur Avenue, Hamilton, ON L8L 6C5
Gibson, Hamilton · Near Wilson and Wentworth St N
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Listing history for 58 Arthur Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 58 Arthur Avenue N
Answers come straight from this home’s MLS® listing.
How much is 58 Arthur Avenue N listed for, and what would it cost each month?
58 Arthur Avenue N is listed for $725,000. With 20% down ($145,000), the mortgage payment would be roughly $2,924 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,241 a month, all in. That figure is an illustration, not a quote.
Is 58 Arthur Avenue N freehold or a condo, and is there a monthly fee?
58 Arthur Avenue N is a duplex in Gibson, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 58 Arthur Avenue N have?
58 Arthur Avenue N has 4 bedrooms and 4 bathrooms. The listing gives the style as 2 1/2 storey.
Does 58 Arthur Avenue N have a garage and parking?
The listing does not show a garage. The driveway adds 2 spaces. In total the listing counts 2 parking spaces.
Does 58 Arthur Avenue N have a finished basement?
The listing describes the basement as finished with walk-out. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 58 Arthur Avenue N?
58 Arthur Avenue N is a duplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 58 Arthur Avenue N, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 25 x 78.8 ft.
How is 58 Arthur Avenue N heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 58 Arthur Avenue N?
Property taxes are $3,800 a year (2026), or about $317 a month.
Where is 58 Arthur Avenue N?
58 Arthur Avenue N is in the Gibson community of Hamilton. The nearest main intersection is Wilson and Wentworth St N. The postal code is L8L 6C5.
Is 58 Arthur Avenue N still for sale?
Yes. It is an active listing (MLS® X14097326). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 58 Arthur Avenue N asking?
Similar properties for sale nearby right now include 143 Sherman Avenue N at $699,000 (4 bed), 65 Kinrade Avenue at $650,000 (5 bed) and 99 Sanford Avenue N at $597,000 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 58 Arthur Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 58 Arthur Avenue N?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
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Courtesy of: EXP REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.