29 Gertrude Street Hamilton, ON L8L 4B7
Inscription par: PropTX - IDX / Listed By: eXp Realty

  29 Gertrude Street Hamilton, ON L8L 4B7

En vigueur
445 000 $ (CAD)
4
CAC
2
SDB
1100-1500
PI. CA.

Description

29 Gertrude Street is an investment property within a portfolio. A legal duplex in Hamilton's lower city, offering current income with a clear value-add path. The property is currently generating a 5.44% cap rate with $26,918 in current NOI and 67% occupancy, with 2 of 3 doors currently occupied. One of the three units is month-to-month, creating an opportunity to reset rents to market on turnover and increase income. The property is configured with a 2-bedroom main-floor unit and a 3-room upstairs unit. Separate hydro metering is already in place, with tenants paying their own hydro, helping keep the owner's operating costs low and allowing added rent to flow more directly to NOI. The basement is currently unfinished and vacant, representing the immediate value-add opportunity. A future owner may be able to finish the basement and create a third rentable door, adding a new income stream on top of the in-place NOI without changing the building's footprint, subject to buyer due diligence and any required approvals. The upstairs unit is currently month-to-month and can be brought closer to market rent on turnover, while the vacant basement provides additional rental upside through build-out. With legal-duplex designation, separate hydro metering, current NOI, rent-reset potential, and a clear basement expansion opportunity, 29 Gertrude Street is well positioned for an investor seeking both immediate income and long-term appreciation in a tenant-dense Hamilton lower-city pocket.

MLS®:
X13540144
Les impôts
$2,267(2025)
Catégorie
Multifamily
Style
2-Storey
Ville
Hamilton
Communauté
Industrial Sector

Listed By

eXp Realty
Source
PropTX - IDX
Dernière vérification Août 29 2026 à 1:08 AM EDT
Détails sur les salles de bains
Caractéristiques Intérieures
  • None
Caractéristiques de la propriété
  • Foundation: Unknown
Chauffage et refroidissement
  • Forced Air
  • Central Air
Informations sur les sous-sols
  • Unfinished
Informations sur le pool
  • None
Caractéristiques extérieures
  • Brick Front
  • Toit: Asphalt Shingle
Informations sur les services publics
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Étages
  • 2

Historique des prix des annonces

Date
Événement
Prix
% Variation en
$ (+/-)
Août 12, 2026
Prix modifié
445 000 $
-10%
-50 000 $
Alimenté par Walk Score®
Disclaimer: Copyright 2026 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/28/26 18:08