For Sale: 23 Gibson Avenue, Hamilton, ON - REW
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$699,900
3 bd • 3 ba • 1850 sf • Multifamily
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
  • Multifamily

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!
Listed by: Brian Karschti, Keller Williams Complete Realty Brokerage

Home facts and features

Price details
List Price
$699,900
Get Pre-Approved
Gross Taxes for 2026
$2,938
Home facts
Bedrooms
3
Full Bathrooms
3
Property Type
Multifamily
Lot Size
26 ft x 65 ft (1690 ft²)
Depth
65.0
Frontage
26.0
Heating Type
Forced Air,Natural Gas
Cooling
Other
Basement Details
Full,Finished
Features
Built-in Appliances, Shared
Appliances
Built-in Microwave, Dryer, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Primary Broker
Keller Williams Complete Realty Brokerage
Listing details
Days on REW
49 Days
Property Views
13
MLS® Number
40850139
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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25 Years
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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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