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$799,000Asking Price

29 Gibson Avenue, Hamilton, ON L8L 6J4

Gibson, Hamilton

Multiplex
3 + 1
Bedrooms
4
Baths
1
Parking
Days on Market

Nestled in the heart of Hamilton's sought-after 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 investors 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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Nestled in the heart of Hamilton's sought-after 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 investors portfolio. Don't miss this opportunity to own a hassle-free, high-performing asset in one of Hamilton's thriving communities!

Key Info

  • 2.5-Storey Multiplex
  • 1 Parking
  • No Garage
  • GIBSON AVENUE AND KING STREET
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $3,152 in 2024
  • Possession: Flexible

Details

  • Aluminum Siding Exterior
  • No Fireplace
  • 4 + 1 Kitchens
  •  
  • MLS #X12055928
  • KELLER WILLIAMS COMPLETE REALTY

Extras

Room Floor Dimensions Details
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom

Who lives here?

Gibson, Hamilton is a west GTA neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 20 to 24 and adults aged 25 to 44.

Families

Kids Per Family

1.5

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

62% of residents are
single and loving it.

62% singles

Hamilton (46%)

Renters

65% of residents
are renters.

65% renters

Hamilton (32%)

Education

15% of residents are
university grads.

15% university grads

Hamilton (28%)

Income

Average Household Income

$56K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions

Sales 16%
Trades 8%
Business 5%
Manufacturing 4%
Government 4%

Immigrants

27% of residents were
born outside of Canada.

27% immigrants

Hamilton (25%)

Birthplace - All

Syria was once home to 2.3% of immigrants.
Caribbean 2.0%
Portugal 1.5%
Vietnam 1.4%
Philippines 1.4%

2.3% from Syria
All-time

Birthplace - Recent

Somalia was once home to 0.7% of immigrants.
Syria 0.7%
Other Eastern Africa 0.3%
Vietnam 0.3%
Eritrea 0.3%

0.7% from Somalia
Recent

Foreign Languages

Foreign Languages

Arabic 3%
Vietnamese 3%
Spanish 2%
French 2%
Somali 2%

Religions

Religions

Christian 55%
Muslim 4%
Buddhist 2%
Hindu 1%