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$899,000
Est. payment /mo
6 Beds
5 Baths
3,753 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,753 sqft
Price per Sqft $239
Subdivision 220 - St. Clair/Blakeley
MLS® Listing ID 40739807
Bedrooms 6
Year Built 1912
Property Sub-Type Freehold
Source Cornerstone - Hamilton-Burlington
Property Description
Legal Triplex with zoning for a Four-plex in the Heart of St. Clair Welcome to 124 Gladstone Avenue, a rare investment opportunity in one of Hamilton's most desirable historic neighbourhoods — St. Clair. Situated on a generous 60 ft x 102 ft. lot and zoned for four units, this legal triplex features parking for 10 vehicles, and over 3,750 sq. ft. of finished living space. Each unit has its separate entrance and separate hydro meters. Unit layouts offer a mix of 1–2 bedrooms, dens, and full bathrooms, making this a versatile property for investors or multi-generational living. The property has recent upgrades, including a new roof (2023), new decking, ESA-certified 200 AMP service, and a 5-year-old boiler system. Located just minutes from downtown, Gage Park, public transit, and major highways (Hwy 403 & Hwy 8), this vibrant, tree-lined neighbourhood is perfect for tenants and owners alike. Nearby schools include Adelaide Hoodless Public School, Bernie Custis Secondary School, and St. Ann Catholic Elementary School. Enjoy weekend walks on the Escarpment Rail Trail, live professional sports at the Hamilton Stadium, or family outings at Gage Park. Whether you're an investor looking for solid rental income (currently generating $3,354/month with potential for more) or a buyer seeking long-term upside in a growth-friendly area, 124 Gladstone Avenue delivers space, flexibility, and income potential. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling None
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 10
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by Century 21 Miller Real Estate Ltd.