65 Kinrade Ave, Hamilton is an investment property within a portfolio. A legal duplex with a bonus room-rental upside, offered at a 6.18% in-place cap rate on current rents. This fully-tenanted, four-door property generates $48,468 in gross annual rent and $40,168 NOI, with a fifth door (basement) waiting to be rented. The main and upper duplex units are configured as a 2-bedroom main-floor apartment and a three-room upstairs unit, giving a new owner both self-contained and room-rental income in one building. Central heat and A/C, two A/C units, and two gas lines keep operating costs predictable, while separate hydro and water metering protects NOI from rising utility costs. All four occupied doors are month-to-month, giving a new owner a clear, low-risk path to reset rents to market on standard notice without waiting years for turnover. Beyond the in-place income, the basement is unfinished, has its own separate entrance, and is currently vacant - a fifth door that can be built out and rented, adding a new income stream on top of the in-place NOI without any change to the building's footprint. Situated in a tenant-dense Hamilton lower-city pocket that supports steady demand and long-term appreciation.
5 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $433 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 65 Kinrade Ave
Every detail from the listing, in one place.
Type
Duplex
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
2 spaces
Basement
Unfinished
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Duplex
65 Kinrade Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13541290$650,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 65 Kinrade Ave Compares to the Hamilton Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,193
/mo
based on the purchase price of $650,000
$130,000 cash
$520,000 financed
$437,976 total interest
Principal54%$520,000
Interest46%$437,976
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Hamilton
Other 4–6 bed homes for sale in Hamilton around $650K.
Average days on market40Homes sold in about 40 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings2,459Homes for sale here right now.
Median vs prior 90 days−2.2%Compared with Apr 16 – Jul 15, 2026: prices down.
Based on 1,959 sales from Jul 15 – Oct 13, 2026 (1,434 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
65 Kinrade Ave is listed at $650,000 (MLS® X13541290). Summitly updates the price as soon as the MLS® record changes.
Is $650,000 a good price for 65 Kinrade Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Hamilton. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 65 Kinrade Ave changed?
No — 65 Kinrade Ave is still listed at its original asking price of $650,000.
How many bedrooms and bathrooms does 65 Kinrade Ave have?
65 Kinrade Ave has 5 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a duplex in Hamilton.
Is 65 Kinrade Ave close to transit?
The nearest rapid-transit station is Hamilton GO Centre GO Station (Lakeshore West GO), about 2.6 km in a straight line. West Harbour GO Station is about 2.6 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 65 Kinrade Ave?
About $3,193 a month — principal and interest on $650,000 with 20% down ($130,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 65 Kinrade Ave compare with other homes in Hamilton?
Its asking price of $650,000 is about 4% below the median sold price in Hamilton over the last 90 days, $675,000, across 1,959 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 65 Kinrade Ave been sold before?
Summitly has no earlier MLS® sale or lease of 65 Kinrade Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 65 Kinrade Ave?
65 Kinrade Ave is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 65 Kinrade Ave been on the market?
97 days — 65 Kinrade Ave was listed on July 8, 2026.
What is the price per square foot of 65 Kinrade Ave?
About $325 to $433 per square foot: the asking price of $650,000 over the 1,500–2,000 sq ft the listing gives as its size range.