129 Margaret Avenue, Stoney Creek, ON L8G 3G7
129 Margaret Avenue, Stoney Creek, ON L8G 3G7
129 Margaret Avenue, Stoney Creek, ON L8G 3G7
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Listed by Matthew Czaplinski • SUTTON GROUP QUANTUM REALTY INC
$899,900
Est. payment /mo
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4 Beds
2 Baths
1,700 SqFt
New

129 Margaret Avenue Stoney Creek, ON L8G 3G7

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Eric Johnson

Eric Johnson

+1(905) 329-4799

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,700 sqft

Price per Sqft $529

MLS Listing ID 40859270

Style Backsplit

Bedrooms 4

Full Baths 2

Abv Grd Liv Area 1,700

Annual Tax Amount $6,265

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Detached

Source Cornerstone

Property Description

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.

Location

State ON

County Hamilton

Area 51 - Stoney Creek

Zoning R2

Rooms

Basement Full, Partially Finished

Bedroom 2 3

Kitchen 1

Interior

Interior Features Auto Garage Door Remote(s)

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Dishwasher, Dryer, Range Hood, Refrigerator, Stove, Washer

Exterior

Parking Features Attached Garage, Garage Door Opener

Garage Spaces 2.0

Roof Type Asphalt Shing

Lot Frontage 86.0

Lot Depth 175.0

Garage Yes

Building

Lot Description Urban, Ample Parking, Highway Access, Hospital, Library, Public Transit, Quiet Area, Schools, Shopping Nearby

Story 4

Sewer Sewer (Municipal)

Water Municipal

Architectural Style Backsplit

Level or Stories 3

Structure Type Brick Veneer

New Construction No

Others

Senior Community No

Tax ID 173380027

Ownership Freehold/None

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Eric Johnson

Eric Johnson

Broker

+1(905) 329-4799

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129 Margaret Avenue