Escarpment views, a revitalized waterfront, and vibrant neighbourhoods—from Locke to West Harbour.
29 Gertrude Street
Industrial Sector
Hamilton
L8L 4B7
$445,000
Residential Freehold
beds: 4
baths: 2.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- X13540144
- Bedrooms:
- 4
- Bathrooms:
- 2
- Photos (21)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
29 Gertrude Street is an investment property within a portfolio. A legal duplex in Hamilton's lower city, offering current income with a clear value-add path. The property is currently generating a 5.44% cap rate with $26,918 in current NOI and 67% occupancy, with 2 of 3 doors currently occupied. One of the three units is month-to-month, creating an opportunity to reset rents to market on turnover and increase income. The property is configured with a 2-bedroom main-floor unit and a 3-room upstairs unit. Separate hydro metering is already in place, with tenants paying their own hydro, helping keep the owner's operating costs low and allowing added rent to flow more directly to NOI. The basement is currently unfinished and vacant, representing the immediate value-add opportunity. A future owner may be able to finish the basement and create a third rentable door, adding a new income stream on top of the in-place NOI without changing the building's footprint, subject to buyer due diligence and any required approvals. The upstairs unit is currently month-to-month and can be brought closer to market rent on turnover, while the vacant basement provides additional rental upside through build-out. With legal-duplex designation, separate hydro metering, current NOI, rent-reset potential, and a clear basement expansion opportunity, 29 Gertrude Street is well positioned for an investor seeking both immediate income and long-term appreciation in a tenant-dense Hamilton lower-city pocket.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Duplex
- Home Style:
- 2-Storey
- Total Approx Floor Area:
- 1100-1500
- Lot Depth:
- 122'37.2 m
- Lot Frontage:
- 22'7"6.88 m
- Direction Faces:
- North
- Bedrooms:
- 4
- Bathrooms:
- 2.0
- Water supply:
- Municipal
- Kitchens:
- 2
- Bedrooms Above Grade:
- 4
- Kitchens Above Grade:
- 2
- Rooms Above Grade:
- 10
- Fractional Ownership:
- No
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Foundation:
- Unknown
- Roof:
- Asphalt Shingle
- Basement:
- Unfinished
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Spaces:
- 2
- Total Parking Spaces:
- 2.0
- Family Room:
- No
- Possession Details:
- Available
- Pool:
- None
- HST Applicable To Sale Price:
- In Addition To
- Assessment Year:
- 2026
- Taxes:
- $2,267 / 2025
- Assessment:
- $- / 2026
- Hamilton
- Hamilton
- Industrial Sector
- None
- Brick Front
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
-
Photo 1 of 21
-
Photo 2 of 21
-
Photo 3 of 21
-
Photo 4 of 21
-
Photo 5 of 21
-
Photo 6 of 21
-
Photo 7 of 21
-
Photo 8 of 21
-
Photo 9 of 21
-
Photo 10 of 21
-
Photo 11 of 21
-
Photo 12 of 21
-
Photo 13 of 21
-
Photo 14 of 21
-
Photo 15 of 21
-
Photo 16 of 21
-
Photo 17 of 21
-
Photo 18 of 21
-
Photo 19 of 21
-
Photo 20 of 21
-
Photo 21 of 21
Larger map options:
Listed by EXP REALTY
Data was last updated October 8, 2026 at 07:15 PM (UTC)
Area Statistics
- Listings on market:
- 43
- Avg list price:
- $699,000
- Min list price:
- $330,000
- Max list price:
- $1,399,000
- Avg days on market:
- 52
- Min days on market:
- 2
- Max days on market:
- 219
These statistics are generated based on the current listing's property type
and located in
Hamilton. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Ivana Novak
- Property.ca Inc., Brokerage
- 647. 219. 7205
- info@ivananovak.ca
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
powered by myRealPage.com
