99 Sanford Avenue N, Hamilton, ON L8L 5Z1
Gibson, Hamilton · Near Sanford Ave And Cannon St · View map
About this home
99 Sanford Avenue N, Hamilton is an Investment Property, 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
The home
- Type
- Duplex
- Style
- 2 1/2 Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 5
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 5
- Basement
- Separate Entrance
- Lot size
- 26 x 100 ft
- Faces
- West
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
- Garage spaces
- 2
- Driveway spaces
- 2
- Total parking
- 2
Taxes & other
- Property taxes
- $2,400/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Available
- Cross street
- Sanford Ave And Cannon St
- Neighbourhood
- Gibson
More
- Price per sq ft
- ~$341 (at 1,750 sq ft)
- MLS® number
- X13522706
No matching details. Ask Will instead
No features listed yet.
- 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.
99 Sanford Avenue, Hamilton, ON L8L 5Z1
Gibson, Hamilton · Near Sanford Ave And Cannon St
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 99 Sanford Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 99 Sanford Avenue N
Answers come straight from this home’s MLS® listing.
How much is 99 Sanford Avenue N listed for, and what would it cost each month?
99 Sanford Avenue N is listed for $597,000. With 20% down ($119,400), the mortgage payment would be roughly $2,408 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,608 a month, all in. That figure is an illustration, not a quote.
Is 99 Sanford Avenue N freehold or a condo, and is there a monthly fee?
99 Sanford 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 99 Sanford Avenue N have?
99 Sanford Avenue N has 5 bedrooms and 2 bathrooms. The listing gives the style as 2 1/2 storey.
Does 99 Sanford 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 99 Sanford Avenue N have a finished basement?
The listing describes the basement as separate entrance. 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 99 Sanford Avenue N?
99 Sanford 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 99 Sanford 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 26 x 100 ft.
How is 99 Sanford Avenue N heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 99 Sanford Avenue N?
Property taxes are $2,400 a year (2025), or about $200 a month.
Where is 99 Sanford Avenue N?
99 Sanford Avenue N is in the Gibson community of Hamilton. The nearest main intersection is Sanford Ave And Cannon St. The postal code is L8L 5Z1.
Is 99 Sanford Avenue N still for sale?
Yes. It is an active listing (MLS® X13522706). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 99 Sanford Avenue N asking?
Similar properties for sale nearby right now include 518 Cannon Street E at $549,000 (5 bed), 65 Kinrade Avenue at $650,000 (5 bed) and 17 Fairleigh Avenue S at $454,900 (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 99 Sanford 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 99 Sanford 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.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Gibson, picked by style, size and price.
Triplex$549,000518 Cannon Street E, Hamilton5 bed · 3 bath · GibsonCourtesy of: REAL BROKER ONTARIO LTD.View home →
Duplex$650,00065 Kinrade Avenue, Hamilton5 bed · 2 bath · GibsonCourtesy of: EXP REALTYView home →
Duplex$454,90017 Fairleigh Avenue S, Hamilton5 bed · 3 bath · GibsonCourtesy of: ROYAL LEPAGE STATE REALTYView home →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.