$899,900
Est. payment $3,985/moCalculate yours
129 Margaret Avenue, Hamilton, ON L8G 3G7
Stoney Creek, Hamilton, ON L8G 3G7
- 4 Beds
- 2 Baths
- 2 Garage
- 1,500 Sq Ft
Listing courtesy of SUTTON GROUP QUANTUM REALTY INC. MLS® X13725412
About this home
A rare opportunity in one of Stoney Creek’s quiet, established neighbourhoods! Custom-designed and built in 1979 for the original owners, this exceptionally solid and lovingly maintained home reflects true pride of ownership. Most major improvements were completed around 2008, while the roof, windows, exterior doors and garage doors remain in very good condition. Set on an impressive 86 x 175 ft lot and surrounded by attractive newer custom homes, the property offers outstanding possibilities. Buyers may explore severance into two approximately 43 x 175 ft building lots, subject to Committee of Adjustment and all municipal approvals. At roughly $450,000 per potential lot, the land value alone presents a compelling opportunity. The existing home also offers excellent multi-generational or investment potential, with the possibility of creating up to three independent living areas, each with its own entrance, subject to required permits and approvals. The partially finished basement has separate access through stairs from the garage. Estimated potential gross rental income could reach approximately $7,000 per month once properly configured and approved. Enjoy a peaceful setting close to schools, shopping, parks, Downtown Stoney Creek, Confederation GO Station and the Lake Ontario waterfront, with quick access to the QEW for easy travel toward Hamilton, Burlington, Toronto or Niagara. Live in it, rent it, renovate it, or explore the redevelopment potential-this is the kind of property that rarely comes to market.
Property details
Overview
- Property Type
- Detached
- Style
- Backsplit 4
- For
- For Sale
- Status
- Sold Conditional
- Size
- 1,500 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Partially Finished, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 86 x 175 Feet
- Parking
- Built-In garage · 6 total
Financial
- Property Taxes
- $6,266 (2026)
Location
- Neighbourhood
- Stoney Creek
- Cross Street
- HWY 8 (Queenston Rd)/Margaret Ave
- Direction Faces
- North
Listing
- MLS® Number
- X13725412
- Days on Market
- 51
- Listed On
- 2026-08-28
- Possession
- FLEX
- Listed By
- SUTTON GROUP QUANTUM REALTY INC.
Rooms
Features
Interior
- Water Heater
- In-Law Capability
Pool
- None
- Included
- All Appliances, Washer & Dryer, All Light Fixtures, All Window Coverings
- Rental items
- HWT
Mortgage calculator
Estimated mortgage payment
$3,985 per month
- Principal and interest
- $3,985
- Property tax
- $522
- Condo fees
- $0
- Estimated monthly cost
- $4,507
Your mortgage
- Mortgage amount
- $719,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $475,449
Cash to close
- Down payment
- $179,980
- Land transfer tax
- $14,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $194,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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