$699,000
243 GIBSON AVENUE
Beds
5
Baths
4
Sqft
—
Year
—
About this home
Excellent Turnkey Investment Opportunity In The Heart Of Hamilton! This Well-Maintained Duplex Features Four Self-Contained Units, Each Occupying Its Own Level For Maximum Privacy. Offering Three 1-Bedroom Units And One 2-Bedroom Unit, The Property Delivers Excellent Rental Versatility And Strong Income Potential. Functional Layouts With Bright Interiors Throughout. Situated On A Deep 150 Ft Lot, With Convenient Access To Transit, Schools, Parks, And Amenities. Ideal For Investors Or Multi-Generational Living. Recent Upgrades Include Fresh Paint Throughout, Newer Floors In Upper 3 Units, New Kitchen Cabinets In Third Flr Unit (2025), Roof (2018) (id:65958)
- Subtype
- Multi-family
- MLS#
- X13017524
- Area
- HAMILTON_(GIBSON)
Cash on cash
-11.84%
Cap rate
3.52%
GRM
16.6
Break-even rent
$4,952
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 19, 2026.