1 Madison Avenue
Hamilton (Gibson), ON L8L 5Y2
- 3Bedrooms
- 4Bathrooms
- 2Parking
- 1500–2000Sq Ft
- $3,436Tax
- 33×100 ftLot Size
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About 1 Madison Avenue, Hamilton, Gibson
Summarized Description
- Turnkey investment with four self-contained rental units.
- Fully renovated with modern kitchens and bathrooms.
- Centrally located near Hamilton's downtown and future LRT.
- Strong tenant appeal and minimal maintenance required.
- Solid brick exterior with upgraded systems for efficiency.
- Ideal for investors seeking long-term appreciation.
- Set-and-forget property in a rapidly developing area.
Exceptional turnkey investment opportunity in the heart of Hamilton! This legal duplex features four self-contained units, each occupying its own level for maximum privacy and easy management. The property includes two 1-bedroom units, one 2-bedroom unit, and a bachelor suite in the lower level. Fully renovated throughout with modern kitchens, updated bathrooms, flooring, and finishes, offering strong tenant appeal and minimal maintenance for years to come. Solid brick exterior, separately metered hydro, and upgraded systems add lasting value and efficiency. Centrally located just minutes from Hamiltons downtown core and the future LRT line, ensuring steady rental demand and long-term appreciation. Ideal for investors seeking a clean, income-generating asset in a rapidly developing area. A true set-and-forget property in one of Hamiltons fastest-growing corridors
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,436
- Land Transfer Tax Fee
- $9,573
Rental Items
- Rental Equipment
- Hot Water Heater - If Applicable
- Under Contract
- Hot Water Tank-Gas
- Basement Type
- Full, Partially Finished, Separate Entrance
Interior Features
- Interior Extras
- In-Law Capability
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2 1/2 Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 33.00 ft
- Lot Depth
- 100.00 ft
Inclusions
- Inclusions
- Stove (3), Fridge (3), Dishwasher (3), Washer, Dryer
Exclusions
- Exclusions
- Tenants Belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3
- Washrooms
- 4
- Kitchens
- 3
Washrooms
- 3-piece
- Municipality
- Hamilton
- Neighbourhood
- Gibson
- Main cross streets
- Wilson St
- Directions
- Wilson St - Madison Ave
- MLS® number
- X12936462
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-20
- Listed on
- 2026-03-30
- Days on market
- 112 days
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- eXp Realty
Home Market Value
Current home valuation for 1 Madison Avenue, Hamilton, Gibson, Hamilton, ON. Listed for $654,900
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 1 Madison Avenue, Hamilton, Gibson
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $154,900 over $500K
$40,490
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $24,572 | $18,272 | $15,587 | $0 |
=Total mortgage | $638,868 | $607,682 | $572,252 | $523,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,119monthly | $2,967monthly | $2,794monthly | $2,558monthly |
Land Transfer Tax
$9,573
$9,573
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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