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20 Gertrude Street Hamilton, Ontario L8L 4B8

4 Bedroom 2 Bathroom 1113 sqft
Central Air Conditioning Forced Air

$599,999

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:59646)

Property Details

MLS® Number 40740384
Property Type Single Family
Neigbourhood Industrial Sector D
Equipment Type Water Heater
Parking Space Total 3
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 1
Bedrooms Total 4
Appliances Dryer, Refrigerator, Stove, Washer, Hood Fan
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1113 Sqft
Type House
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 37 Ft
Size Total Text Under 1/2 Acre
Zoning Description 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

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