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20 Gertrude Street Hamilton, Ontario L8L 4B8

4 Bedroom 2 Bathroom 1113 sqft
Central Air Conditioning Forced Air

$524,999

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! (id:63008)

Property Details

MLS® Number 40740384
Property Type Single Family
EquipmentType Water Heater
ParkingSpaceTotal 3
RentalEquipmentType Water Heater

Building

BathroomTotal 2
BedroomsAboveGround 3
BedroomsBelowGround 1
BedroomsTotal 4
Appliances Dryer, Refrigerator, Stove, Washer, Hood Fan
BasementDevelopment Finished
BasementType Full (finished)
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Vinyl Siding
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1113 Sqft
Type House
UtilityWater Municipal Water

Land

AccessType Road Access
Acreage No
Sewer Municipal Sewage System
SizeDepth 100 Ft
SizeFrontage 37 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription M6

Rooms

Level Type Dimensions
Second Level Bedroom 11'5'' x 12'0''
Second Level Bedroom 11'7'' x 12'0''
Second Level 3pc Bathroom Measurements not available
Basement Laundry Room Measurements not available
Basement Bedroom 8'3'' x 9'6''
Basement Living Room 16'0'' x 9'3''
Basement Kitchen 11'9'' x 9'3''
Basement 3pc Bathroom Measurements not available
Main Level Mud Room 6'0'' x 8'7''
Main Level Bedroom 11'8'' x 10'4''
Main Level Laundry Room 11'5'' x 5'5''
Main Level Kitchen 12'3'' x 10'4''
Main Level Dining Room 15'5'' x 10'3''
Main Level Living Room 14'3'' x 10'3''

https://www.realtor.ca/real-estate/28464132/20-gertrude-street-hamilton

Michael St. Jean
Salesperson


Michael St. Jean Realty Inc.
88 Wilson Street West
Ancaster, Ontario L9G 1N2

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