Welcome to 23 Gibson Avenue, an exceptional investment opportunity in Hamilton’s Gibson/Stipley neighbourhood. This extensively renovated 2.5-storey property features three self-contained units, offering an attractive combination of established rental income and immediate upside with one unit currently vacant. Renovated extensively back to the studs, this property provides investors with the benefit of major improvements already completed while offering a versatile multi-unit layout. The lower level features a tenanted 1-bedroom unit currently generating $1,001/month. The vacant main-floor 1-bedroom unit was previously rented for $1,600/month, providing the opportunity to secure a new tenant or accommodate an owner-occupier. The upper unit spans the second floor and loft, offering two bedrooms and currently generating $1,900/month. With the two occupied units producing $2,901 in monthly rental income and the potential for approximately $4,501/month based on the previous rent of the vacant unit, this is a compelling opportunity for both seasoned and first-time investors. Located in the established Gibson/Stipley neighbourhood, close to transit, shopping, schools, parks, and Hamilton’s downtown core, 23 Gibson Avenue offers convenient access to the amenities tenants value. Whether you're looking to expand your portfolio, enter the investment market, or explore an owner-occupied opportunity while generating rental income, this extensively renovated three-unit property deserves your attention. Book your private showing today! (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
1,850 sq. ft.172 m2
Finished Area Above Grade:
1,850 sq. ft.172 m2
Zoning:
D
Taxes:
$2,937.6 /
-
Community:
200 - Gibson/Stipley
Exterior Features:
Stone, Vinyl siding, Brick Veneer
Structure Type:
House
Appliances Included:
Washer, Refrigerator, Dishwasher, Stove, Dryer
Home Style:
Other
Bedrooms:
3
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
3.0
Cooling:
Window air conditioner
Fireplace:
No
Heating:
Forced air, Natural gas
# Storeys:
2.5
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Finished, Full
Lot Frontage:
26'7.92 m
Floor
Type
Size
Other
Main level
Bedroom
12'8"3.86 m × 12'2"3.71 m
-
Main level
Kitchen
21'3"6.48 m × 13'8"4.17 m
-
Second level
Living room
14'4"4.37 m × 10'9"3.28 m
-
Second level
Dining room
11'6"3.51 m × 6'9"2.06 m
-
Second level
Kitchen
11'9"3.58 m × 10'7"3.23 m
-
Third level
Bedroom
23'3"7.09 m × 21'7"6.58 m
-
Basement
Kitchen
15'4.57 m × 8'2.44 m
-
Basement
Utility room
5'5"1.65 m × 4'2"1.27 m
-
Basement
Bedroom
9'4"2.84 m × 9'2"2.79 m
-
Basement
Recreation room
24'11"7.59 m × 11'11"3.63 m
-
Floor
Ensuite
Pieces
Other
Main level
No
3
Second level
No
3
Basement
No
3
Brick and siding exterior with a pitched roof and black-framed windows
Kitchen featuring white cabinetry, white subway tile backsplash, stainless steel appliances, and a stainless steel sink with a gooseneck faucet
White vanity with integrated sink, chrome faucet, and circular black-framed mirror
Shower featuring white and grey veined tile, a bronze-finish showerhead, and a matching bronze-finish control knob
Accent wall with geometric paneling, recessed lighting, wood-finish flooring, white kitchen cabinetry, and stainless steel appliances
Open-concept living space featuring wood-finish flooring, recessed lighting, and a geometric accent wall
Open-concept living space featuring wood-finish flooring, recessed lighting, and white trim
Open concept living area featuring wood-finish flooring, recessed lighting, and a kitchen with white cabinetry and a subway tile backsplash
Kitchen featuring wood-finish flooring, white cabinetry with modern hardware, stainless steel appliances, a subway tile backsplash, and a movable island with a wood countertop
Three large windows with blinds, wood-finish flooring, and light-toned walls
Light gray wall finish, wood-finish flooring, white trim, white paneled doors, and an open doorway
Engineered wood-finish flooring, recessed lighting, accent wall with geometric paneling, white kitchen cabinetry with black hardware, and an island with an undermount sink
Open-concept living space with wood-finish flooring, a decorative accent wall, recessed lighting, and a kitchen featuring white cabinetry, a subway tile backsplash, and stainless steel appliances
White shaker-style cabinetry, stainless steel appliances, white subway tile backsplash, and wood-finish flooring
Contemporary kitchen featuring white cabinetry, subway tile backsplash, stainless steel appliances, and wood-finish flooring
Wood-finish flooring with white trim
Wood-finish flooring throughout, bright walls, white trim, and a paneled interior door
Bathroom featuring a white bathtub, marble-patterned tile shower surround, matching floor tile, built-in vanity with integrated sink, and white window blinds
Spacious attic room featuring wood-finish flooring, exposed ceiling beams, recessed lighting, and a single window
Vaulted ceilings with exposed wood beams and recessed lighting
Kitchenette featuring white shaker cabinetry, stainless steel appliances, subway tile backsplash, and wood-finish flooring
Photo 22 of 27
Recessed lighting illuminates the wood-finish flooring and light gray walls
Kitchen area featuring white cabinetry, subway tile backsplash, stainless steel appliances, and a matte black faucet
White cabinetry with matte black hardware, subway tile backsplash, stainless steel appliances, wood-finish flooring, and recessed ceiling lighting
Recessed ceiling lighting, wood-finish flooring, white doors with brushed nickel hardware, and neutral wall tones
Bathroom featuring a bathtub with a shower, large format wall and floor tiling, a white vanity with an integrated sink, and a mirrored cabinet
Data was last updated September 20, 2026 at 08:45 PM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$498,950
Min list price:
$299,900
Max list price:
$1,649,000
Avg days on market:
30
Min days on market:
3
Max days on market:
314
Avg price per sq.ft.:
$358.45
These statistics are generated based on the current listing's property type
and located in
200 - Gibson/Stipley. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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