23 GIBSON Avenue,Hamilton,Ontario,L8L6J4

$699,900

23 GIBSON Avenue,Hamilton,Ontario,L8L6J4

Welcome to 23 Gibson Avenue, an exceptional investment opportunity in Hamiltonâ??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 Hamiltonâ??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! (id:63658)

PROPERTY SUMMARY

MLS® #	:	40850139
Listing price	:	$699,900
Listed on	:	27-09-2026
Property subtype	:	For sale
Square footage	:	1850 sqft
Year built	:	0000
Listing office	:	Keller Williams Complete Realty

BEDROOM & BATHROOM

Total bedrooms	:	3 Bedrooms
Total bathrooms	:	3 Bathrooms

BUILDING

Building type	:
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Community location

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