Just Listed
Address
23 Gibson Avenue, Hamilton, ON
Price
$ 699,900
Property Attributes
- ID#40850067
- TypeSingle Family
- Listing Status Active
- CityHamilton
- Area20 - Hamilton Centre
- Neighbourhood200 - Gibson/Stipley
- Postal CodeL8L 6J4
- StyleTraditional
- Year Built1912
- Taxes$ 2937
- Price$ 699,900
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1850
Data Source:
Ontario Regional (ITSO)
Property Description
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!
| Price History | |
|---|---|
| 9/17/2026 | Listed $699,900 |
General Features
| Living Area | 1850 |
|---|---|
| Sewer | Sewer (Municipal) |
| Heating | Forced Air,Natural Gas |
| Cooling | Window Unit(s) |
| Roof | Asphalt Shing |
| Appliances | Dishwasher,Dryer,Refrigerator,Stove,Washer |
| Zoning | D |
| Architectural Style | Traditional |
| Construction Materials | Brick Veneer,Stone,Vinyl Siding |
| Pets Allowed | Yes |
| Year Built | 1912 |
| Stories Count | 2 |
| Property Subtype | Single Family Residence |
| County | Hamilton |
| New Construction | false |
| Property Type | Residential |
| Garage Y/N | false |
| Total Rooms | 13 |
| Full Baths | 3 |
| Status | Active |
| Directions | Wilson Street to Gibson Avenue. |
| City | Hamilton |
| Senior Community Y/N | false |
| Open Parking Spaces | 1 |
| MLS Area | 20 - Hamilton Centre |
| Property Attached Y/N | false |
| MLS Area Minor | 200 - Gibson/Stipley |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Other |
Interior Features
| Interior Amenities | Built-In Appliances |
|---|---|
| Basement | Full,Finished |
| Kitchen Level | Basement,Main,Second |
| Total Stories | 2 |
| Air Conditioning Y/N | false |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Above Grade Finished Area | 1850 |
| Laundry Features | Shared |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 1 |
| Main Level Bathrooms | 1 |
| Below Grade Finished Area Unit Type | Square Feet |
| Above Grade Finished Area Source | Other |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 3 |
Exterior Features
| Lot Features | Urban,Rectangular,City Lot |
|---|---|
| Water Source | Municipal |
| Inclusions | Dishwasher,Dryer,Refrigerator,Stove,Washer,All Appliances In Each Unit |
| Building Area Total | 1850 |
| Lot Dimensions | 26 x 65 |
| Frontage Length | 26.00 |
| Frontage Type | West |
| Waterfront Y/N | false |
| Crops Included Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in L8L 6J4
In The Neighbourhood
Just Listed
Hamilton
$ 525,000
- Type
- Single Family
- Size
- 1,381 SqFt
- Rooms
- 4 Beds + 2 Baths
RE/MAX Escarpment Frank Realty
Just Listed
Hamilton
$ 548,900
- Type
- Single Family
- Size
- 1,556 SqFt
- Rooms
- 4 Beds + 2 Baths
Royal LePage State Realty Inc.
Just Listed
Hamilton
$ 2,750
- Type
- Single Family
- Size
- 1,491 SqFt
- Rooms
- 3 Beds + 1.5 Baths
RE/MAX Escarpment Realty Inc.
Just Listed
Hamilton
$ 749,999
- Type
- Single Family
- Size
- 2,462 SqFt
- Rooms
- 6 Beds + 3 Baths
Royal LePage Burloak Real Estate Services
Just Listed
Hamilton
$ 419,900
- Type
- Single Family
- Size
- 1,872 SqFt
- Rooms
- 4 Beds + 2 Baths
Royal LePage State Realty Inc.
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