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3 Beds
3 Baths
1,850 sqft

C$699,900

23 Gibson Avenue, Hamilton ON, L8L 6J4

Price per sqftC$378.32
Built in1912
Property size1,850 sqft
Property typeResidential

Overview

Active

Listed Sep 17, 2026

Updated 3 weeks ago

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!

Additional information

MLS® ID
40850067

Interior Features

Bedrooms
3
Bathrooms
3
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$2,938
Tax Frequency
Annually
Secondary Association Fee Frequency
Monthly
Pets Allowed
Yes
55+/Senior Community
No

 

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