52 Lake Avenue Drive
Stoney Creek, Hamilton, L8G 3N3
FOR SALE
$899,900
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7
BEDROOMS 3
BATHROOMS 3
KITCHENS 15
ROOMS X14174900
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Property Description
RENOVATED LEGAL TRIPLEX ON A DEEP LOT IN THE HEART OF OLD STONEY CREEK. Three self-contained units, major updates done, and a location that's hard to beat. If you're looking for a property that works as hard as you do, this legal triplex delivers the rare combination of income, flexibility and lifestyle in one of Stoney Creek's most walkable neighbourhoods. The big standout is the work that's already been done. A metal roof, most windows replaced, new flooring, fresh paint and updated landscaping mean the major capital expenses are already taken care of, giving you peace of mind instead of a renovation list. Each unit has its own kitchen and four-piece bath, with separate hydro meters. The front unit has three bedrooms plus a basement, while the middle and back units each have two bedrooms. With two units vacant, you have the flexibility to set fresh market rents for those units or move family in. Imagine living in one unit while the other two help pay the mortgage. Parking is plentiful, with room for every unit, and the exceptionally deep lot gives you outdoor space that's rare this close to everything. Step outside and you're minutes from the King Street shops, cafés and restaurants of Old Stoney Creek, Battlefield Park, schools and everyday amenities. Lake Ontario, Confederation Beach Park and the waterfront trail are a short drive away, with quick access to the QEW and Confederation GO for easy commuting. Whether you're a first-time buyer looking to house hack, a family wanting multi-generational living, or an investor building a long-term hold, this is a rare opportunity where income, location and lifestyle come together.
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Property Features
Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School, Sump Pump, Water Heater, Private Double, Carbon Monoxide Detectors, Smoke Detector, Electric, Natural Gas
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Property Details
Address
52 Lake Avenue Drive
Community
City
Postal Code
L8G 3N3
Property Type
Triplex, Triplex
Zoning
RM1
Lot Size
35' x 387'
Taxes
$6,490 (2026
Basement
Unfinished
Exterior
Patio, Porch, Deck
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
10
Garage Type
None
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Listing contracted with Your Home Sold Guaranteed Realty Elite
A legal triplex comprising three self contained units with separate hydro meters. Property is ready for rental income. Main floor - spacious living room, 2 bedrooms, eat-in kitchen, 3 pc bathroom Second floor - 2 bedrooms, spacious living room, eat-in kitchen, 3 pc bathroom Third floor - 1 bedroom, living room, eat in kitchen, 3 pc bathroom Lower - 2 bedroom, 3 pc bathroom, kitchen, living room, laundry Well proportioned and functional layouts in a neighbourhood investors consistently seek out. A quiet, tree-lined street within walking distance to schools, parks, and transit, with strong rental demand to match. Private driveway, shared on-site laundry, and a generous backyard add to tenant appeal. Potential to explore conversion to a fourplex (buyer to verify with municipality).A versatile multi-unit property. Ideal for investors who want to live in one unit and rent the others or hold as a straight income property. A rare investment opportunity and must see!
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Legal triplex plus lower-level in-law suite in one of Hamilton's original majestic homes, beautifully preserved on a premium 52 x 110 ft lot - approx. 4,000 sq ft with five total income streams, all spacious 2-bedroom units, refinished hardwood, restored oak trim, ornate fireplaces and beveled leaded glass throughout. The main-floor unit will be vacant on closing - move in and live nearly carrying-cost-free while the two already-rented upper units and the self-contained in-law suite cover the mortgage, or place your own tenant at full market rent from day one. Major systems are done: Weil-McLain boiler, fire retrofit, full basement waterproofing, and independent basement heating. Detached double garage, driveway parking, and premium character details that simply can't be replicated today.
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