124 Gladstone Avenue Hamilton, Ontario L8M 2H9

$899,000

Legal Triplex with zoning for a Four-plex in the Heart of St. ClairWelcome to 124 Gladstone Avenue, a rare investment opportunity in one of Hamilton's most desirable historic neighbourhoods St. Clair. Situated on a generous 60 ft x 102 ft. lot and zoned for four units, this legal triplex features parking for 10 vehicles, and over 3,750 sq. ft. of finished living space.Each unit has its separate entrance and separate hydro meters. Unit layouts offer a mix of 12 bedrooms, dens, and full bathrooms, making this a versatile property for investors or multi-generational living. The property has recent upgrades, including a new roof (2023), new decking, ESA-certified 200 AMP service, and a 5-year-old boiler system.Located just minutes from downtown, Gage Park, public transit, and major highways (Hwy 403 & Hwy 8), this vibrant, tree-lined neighbourhood is perfect for tenants and owners alike. Nearby schools include Adelaide Hoodless Public School, Bernie Custis Secondary School, and St. Ann Catholic Elementary School. Enjoy weekend walks on the Escarpment Rail Trail, live professional sports at the Hamilton Stadium, or family outings at Gage Park.Whether you're an investor looking for solid rental income (currently generating $3,354/month with potential for more) or a buyer seeking long-term upside in a growth-friendly area, 124 Gladstone Avenue delivers space, flexibility, and income potential. (id:35762)

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https://www.realtor.ca/real-estate/28475368/124-gladstone-avenue-hamilton-st-clair-st-clair