68 GAGE Avenue South, Hamilton, Ontario, L8M3C9




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$479,900
Hamilton
This multi-family property in Hamilton is for sale offering roughly 2,462 sq ft of space.
Situated on the highly desirable south side of Gage Avenue, just footsteps from Gage Park, the Tropical Greenhouse, major transit routes, and the future LRT line, this property offers an exceptional location with strong long-term potential. An ideal investment opportunity, the home features a basement currently functioning as a third unit, creating additional income potential. This property is also an excellent option for first-time home buyers looking to offset mortgage and carrying costs while owning a home in a well-established south side neighbourhood. A rare opportunity to secure a versatile property in one of Hamilton’s most desirable pockets. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 246 days on market, against an average age of 65 days across the listings currently for sale in this city
This 5-bed multi-family in Hamilton is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $479,900, about 7.8× the local median household income of $61,200.
Carrying it typically needs a household income of about $93,741 (20% down, 25-yr amortization, stress-tested) — roughly 53% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8M)
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Loading rates, 30-yr amortization
Cash Needed to Close
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