Salehian.com 647-325-5000

58 Arthur Avenue N

Gibson, Hamilton, L8L 6C5

$725,000

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  • 4 bedrooms
  • 4 bathrooms
  • 2 parking
  • 1500-2000 sq ft

Listed today · MLS® X14097326

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. 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.

Details

Type
Duplex
Style
2 1/2 Storey
Size
1500-2000 sq ft
Lot
25 × 78.77 ft
Basement
Finished with Walk-Out
Garage
None
Kitchens
4
Property tax
$3,800 (2026)
Neighbourhood
Gibson
Municipality
Hamilton

Interior

Bedrooms
4 above ground
Bathrooms
2 × 4-piece, 2 × 3-piece
Rooms
3 above ground + 1 below
Family room or den
No
Fireplace
No
Features
In-Law Suite

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2 1/2 Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Stone
Faces
East

Parking

Total parking
2

Lot

Size
25 × 78.77 ft

More

Possession
Immediate
Cross street
Wilson and Wentworth St N

Rooms

RoomLevelSizeFeatures
BedroomMain

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚆 Hamilton GO Centre2.0 km

Within a 10-minute walk: 5 grocery stores, 18 cafés and restaurants, 8 parks, 7 pharmacies. Nearest grocery: Mama Africa Tropical Foods & Hair Products (550 m). Nearest park: Stirton Tot-Lot (150 m).

Schools nearby

Elementary

  • Cathy Wever Elementary Public School
    EQAO: Gr 6 reading 72%, math 23%    8 min walk
  • St. Ann Catholic Elementary School Catholic
    EQAO: Gr 6 reading 88%, math 52%    11 min walk
  • Prince of Wales Elementary Public School
    EQAO: Gr 6 reading 79%, math 49%    15 min walk
  • Adelaide Hoodless Public School
    EQAO: Gr 6 reading 79%, math 52%    15 min walk

Secondary

  • Cathedral High School Catholic
    EQAO: Gr 9 math 43%, literacy test 64%    5 min walk
  • St. Charles Adult & Continuing Education Centre - Downtown East Campus Catholic12 min walk
  • Bernie Custis Secondary School
    EQAO: Gr 9 math 36%, literacy test 65%    17 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L8L

Owners / renters
52% / 48%
Median household income
$65,000
Average age
38
Children under 15
17%
Homes
50% detached, 11% high-rise
Commute by transit
14%
Population
32,312

Languages spoken most at home besides English: Portuguese 2.7%, Arabic 1.5%, Vietnamese 1.4%, Spanish 1.2%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Niagara Peninsula Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Hamilton police: 62 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Niagara Peninsula Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Hamilton: 2 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence, with a City business licence (since December 2023).

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by EXP REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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