$524,999Asking Price
20 Gertrude Street, Hamilton, ON L8L 4B8
Industrial Sector, Hamilton
Welcome to 20 Gertrude, this 1.5 story income property sits on a spacious 100 foot deep lot located in Crown Point North. The upper unit features 3 bedrooms, 1 bathroom with in-suite laundry, and is currently rented month-to-month to excellent long-term tenants at $2,600 per month. The lower unit offers 1 bedroom, 1 bathroom, with in-suite laundry, and will be vacant upon possessiongiving you the perfect opportunity to set your own rent, choose your tenants, or move in yourself. Major updates include a 2025 high-efficiency furnace (5 year warranty),updated ductwork in basement, sump pump (2024), weeping tile on 3/4 walls, roof (2021), spacious deck and gazebo (2021), PEX pipes changed from lead, basement renovation (2022), updated flooring and paint in both units (2022). With zero vacancy, this low-maintenance property generates approximately $48,000 annually, with operating costs around $10,000making it an ideal passive income investment. Dont miss this fantastic opportunity!
Welcome to 20 Gertrude, this 1.5 story income property sits on a spacious 100 foot deep lot located in Crown Point North. The upper unit features 3 bedrooms, 1 bathroom with in-suite laundry, and is currently rented month-to-month to excellent long-term tenants at $2,600 per month. The lower unit offers 1 bedroom, 1 bathroom, with in-suite laundry, and will be vacant upon possessiongiving you the perfect opportunity to set your own rent, choose your tenants, or move in yourself. Major updates include a 2025 high-efficiency furnace (5 year warranty),updated ductwork in basement, sump pump (2024), weeping tile on 3/4 walls, roof (2021), spacious deck and gazebo (2021), PEX pipes changed from lead, basement renovation (2022), updated flooring and paint in both units (2022). With zero vacancy, this low-maintenance property generates approximately $48,000 annually, with operating costs around $10,000making it an ideal passive income investment. Dont miss this fantastic opportunity!
See MoreKey Info
- 2.5-Storey Detached
- 3-Car Driveway
- No Garage
- Gage Ave N
- 1100-1500 Approximate Sq Feet
- Basement: Full, Finished
- 2 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 37 x 100 Feet
- Vinyl Siding Exterior
- Taxes were $2,563 in 2024
- Possession: Flexible
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #X12218817
- MICHAEL ST.JEAN REALTY INC., BROKERAGE
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 12.24' x 10.33' | |
| 2 | Laundry | Main | 11.42' x 5.41' | |
 | 2 3-Piece Bathrooms | |||
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Who lives here?
Industrial Sector, Hamilton is a west GTA neighbourhood notable for its singles, salespeople and tradespeople. Residents tend to be younger with a significant number of babies, kids aged 5 to 14 and adults aged 25 to 44, 25 to 44, 25 to 44 and 25 to 44.
Families
Kids Per Family
1.3
kids per family
in the neighbourhood.
Singles
58%
of residents are
single and loving it.
58% singles
Hamilton (46%)Renters
32%
of residents
are renters.
32% renters
Hamilton (32%)Education
5%
of residents are
university grads.
5% university grads
Hamilton (28%)Income
Average Household Income
$61K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 15% |
| Trades | 12% |
| Business | 5% |
| Health | 5% |
| Manufacturing | 5% |
Immigrants
9%
of residents were
born outside of Canada.
9% immigrants
Hamilton (25%)Birthplace - All
1.5% from UK
All-time
Birthplace - Recent
0.1% from Jamaica
Recent
Foreign Languages
Foreign Languages
| French | 2% |
| Portuguese | 2% |
| Spanish | 1% |
| Vietnamese | 1% |
Religions
Religions
| Christian | 46% |
| Buddhist | 1% |
