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3 + 1
BEDROOMS4
BATHROOMS3 + 1
KITCHENS8
ROOMSX12780426
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Property Description
Nestled in the heart of Hamilton's Gibson neighbourhood, this fully renovated multi-plex is a rare turnkey investment opportunity. Every detail has been meticulously updated, including brand-new electrical, plumbing, and windows, ensuring modern efficiency and peace of mind. Each unit boasts stunning new kitchens and bathrooms, complemented by fresh paint and sleek pot lights throughout. The basement has been fully waterproofed with a sump pump installed, while exterior upgrades include new eavestroughs, downspouts, and leaf guards for long-term durability. All appliances have been replaced since 2020, and a convenient coin laundry box adds additional income potential. With an owned hot water tank and a roster of triple-A tenants in place, this property is an exceptional addition to any investor's portfolio. Don't miss this opportunity to own a hassle-free, high-performing asset in one of Hamilton's thriving communities!
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2018-11-01 | 2018-11-15 | 14 | $349,900 | $330,000 |
Nearby Intersections
Property Features
Library, Place Of Worship, Public Transit, Rec./Commun.Centre, School, School Bus Route, Water Heater Owned, Front Yard Parking
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Property Details
Address
29 Gibson Avenue
Community
City
Postal Code
L8L 6J4
Property Type
Multiplex, Multiplex
Lot Size
26' x 65'
Taxes
$3,133 (2025
Basement
Full, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
1
Garage Type
None
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Listing contracted with Real Broker Ontario Ltd.
Fantastic multi-residential investment opportunity in a prime Hamilton location. Situated at 4 Rosemont Ave, just a few blocks from Tim Hortons Field, this well-located property is close to schools, grocery stores, bus routes, parks, and Hamilton's future LRT, making it highly desirable for tenants. The building features three self-contained units, all 1-bedroom layouts, with one unit currently being used as a 2-bedroom, offering flexibility and strong rental appeal. The former double car garage has been converted into a shared storage and laundry area, adding convenience for tenants and functionality for the owner. Coin-operated laundry provides additional income, enhancing the overall return. The property also offers separate hydro meters, keeping expenses streamlined and attractive for investors. A solid income property in a growing, transit-oriented neighbourhood with long-term upside. Ideal for investors looking to expand their portfolio or secure a strong performing asset in the Hamilton market.
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