20 Gertrude Street Active

Hamilton,ON L8L 4B8

$ 524999

4 Beds

2 Baths

1113 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,113 sqft

Price per Sqft $471

MLS Listing ID 40740384

Style 1.5 Storey

Bedrooms 4

Full Baths 2

Annual Tax Amount $2,563

Property Sub-Type Single Family Residence

Property Description

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 possession—giving 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 $10,000—making it an ideal passive income investment. Don't miss this fantastic opportunity!

Location

Province ON

County Hamilton

Area 21 - Hamilton Centre

Zoning M6

Rooms

Kitchen 2

Interior

Heating Forced Air,Natural Gas

Cooling Central Air

Laundry In-Suite

Exterior

Roof Type Asphalt Shing

Building

Lot Description Urban,None

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Vinyl Siding

New Construction No

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