129 Margaret Avenue, Hamilton, ON L8G 3G7
Hamilton, ON, L8G 3G7 · Stoney Creek
About this property
A rare opportunity in one of Stoney Creek's quiet, established neighbourhoods! Custom-designed and built in 1979 for the original owners, this exceptionally solid and lovingly maintained home reflects true pride of ownership. Most major improvements were completed around 2008, while the roof, windows, exterior doors and garage doors remain in very good condition. Set on an impressive 86 x 175 ft lot and surrounded by attractive newer custom homes, the property offers outstanding possibilities. Buyers may explore severance into two approximately 43 x 175 ft building lots, subject to Committee of Adjustment and all municipal approvals. At roughly $450,000 per potential lot, the land value alone presents a compelling opportunity. The existing home also offers excellent multi-generational or investment potential, with the possibility of creating up to three independent living areas, each with its own entrance, subject to required permits and approvals. The partially finished basement has separate access through stairs from the garage. Estimated potential gross rental income could reach approximately $7,000 per month once properly configured and approved. Enjoy a peaceful setting close to schools, shopping, parks, Downtown Stoney Creek, Confederation GO Station and the Lake Ontario waterfront, with quick access to the QEW for easy travel toward Hamilton, Burlington, Toronto or Niagara. Live in it, rent it, renovate it, or explore the redevelopment potential-this is the kind of property that rarely comes to market.
Features & Amenities
- Basement: Partially Finished, Separate Entrance
- Garage: Built-In
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Backsplit 4
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | Backsplit 4 |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Basement | Partially Finished, Separate Entrance |
| Garage | Built-In |
| Parking Spaces | 4 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $6,266 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Water Heater, In-Law Capability
- Fireplace
- Yes
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- Backsplit 4
- Construction Materials
- Brick
- Foundation Details
- Concrete Block
- Roof
- Asphalt Shingle
- Basement
- Partially Finished, Separate Entrance
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Built-In
- Garage
- Yes
- Parking Spaces
- 4
- Parking Total
- 6.00
- Parking Features
- Private Double
- Covered Spaces
- 2
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 175.00
- Lot Width
- 86.00
Financial & Tax
- Tax Annual Amount
- $6,266
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- TBA
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 8
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 4
Additional Details
- Occupant Type
- Owner
- Direction Faces
- North
- County Or Parish
- Hamilton
- Cross Street
- HWY 8 (Queenston Rd)/Margaret Ave
- Directions
- From HWY8 take Margaret Ave
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
129 Margaret Avenue, Hamilton, ON L8G 3G7, Hamilton, ON, L8G 3G7