$1,649,000
For sale: Detached

A rare urban land opportunity with room to think big. 116-120 Barnsdale Ave N offers nearly one-third of an acre within Hamilton's city limits, currently improved with two 2.5 storey homes on one expansive parcel. Buy and hold for future potential, renovate and explore conversion of the existing buildings, investigate a possible severance, or reimagine the entire property as a new multi-residential development. The possibilities make this a compelling opportunity for builders, developers and long-term investors. The location adds to the promise. Enjoy convenient access to schools, parks, shopping, local transit and Hamilton Stadium, all within an established neighbourhood experiencing continued investment and renewal. The property is also close to the planned Hamilton LRT corridor, one of the city's most significant transit investments: a proposed 14-kilometre, 17-stop line connecting McMaster University to Eastgate Square through Hamilton's lower city, with links to HSR and GO Transit. Substantial land parcels of this size are increasingly difficult to find within the urban boundary. Whether your vision is to enhance what is already here, create additional residential opportunities, assemble a long-term landholding, or pursue a complete redevelopment designed to maximize the site, 116-120 Barnsdale presents an exciting foundation for what comes next. Seller is registered Real Estate Broker.
Sold data
Detached homes in Hamilton (Gibson) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 52, across 833 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $767,777.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 833 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Gibson) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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