For Sale: 23 Gibson Avenue, Hamilton, ON - REW
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$699,900
3 bd • 3 ba • 1850 sf • House
23 Gibson Avenue
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$699,900
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23 Gibson AvenueHamilton, ON, L8L 6J4

Gibson
  • 3 Bed
  • 3 Bath
  • 1850 Sqft
  • House

About this home

Welcome to 23 Gibson Avenue, an exceptional investment opportunity in Hamilton’s Gibson/Stipley neighbourhood. This extensively renovated 2.5-storey property features three self-contained units, offering an attractive combination of established rental income and immediate upside with one unit currently vacant. Renovated extensively back to the studs, this property provides investors with the benefit of major improvements already completed while offering a versatile multi-unit layout. The lower level features a tenanted 1-bedroom unit currently generating $1,001/month. The vacant main-floor 1-bedroom unit was previously rented for $1,600/month, providing the opportunity to secure a new tenant or accommodate an owner-occupier. The upper unit spans the second floor and loft, offering two bedrooms and currently generating $1,900/month. With the two occupied units producing $2,901 in monthly rental income and the potential for approximately $4,501/month based on the previous rent of the vacant unit, this is a compelling opportunity for both seasoned and first-time investors. Located in the established Gibson/Stipley neighbourhood, close to transit, shopping, schools, parks, and Hamilton’s downtown core, 23 Gibson Avenue offers convenient access to the amenities tenants value. Whether you're looking to expand your portfolio, enter the investment market, or explore an owner-occupied opportunity while generating rental income, this extensively renovated three-unit property deserves your attention. Book your private showing today! (id:63626)
Listed by: Brian Karschti, Salesperson, Keller Williams Complete Realty Brokerage

Home facts and features

Price details
List Price
$699,900
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Gross Taxes for 2026
$2,938
Home facts
Bedrooms
3
Full Bathrooms
3
Property Type
House
Depth
Frontage
26.0 feet
Year Built
Built in 1912 (114 yrs old)
Title
Freehold
Style
Other
Exterior Finish
Stone, Vinyl siding, Brick Veneer
Heating Type
Forced air, Natural gas
Cooling
Window air conditioner
Basement Details
Finished, Full
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Brian Karschti
Primary Broker
Keller Williams Complete Realty Brokerage
Listing details
Days on REW
1 Day
MLS® Number
40850067
Source
Canadian Real Estate Association
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St. Ann (Hamilton) Catholic Elementary School
  • Catholic
  • JK - 8
Cathedral High School
  • Catholic
  • 9 - 12
Cathy Wever Elementary Public School
  • Public
  • JK - 8
Prince of Wales Elementary Public School
  • Public
  • JK - 8
Adelaide Hoodless Public School
  • Public
  • JK - 8
St. Brigid Catholic Elementary School
  • Catholic
  • JK - 8
Living Hope Christian School
  • Private
  • 9 - 12
ÉÉC Notre-Dame
  • Catholic
  • JK - 8
St. Patrick Catholic Elementary School
  • Catholic
  • JK - 8
Sacred Heart of Jesus Catholic Elementary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Brian Karschti
Phone:
(905) 308-8333
Cell:
(905) 745-2997
Office:
905-308-8333
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