$445,000
Unlock Price Rating!

29 Gertrude Street, Hamilton (industrial Sector), ON L8L4B7

 Contact
4 Beds
2 Baths
- Sq Ft

29 Gertrude Street is an investment property within a portfolio. A legal duplex in Hamilton's lower city, offering current income with a clear value-add path. The property is currently generating a 5.44% cap rate with $26, 918 in current NOI and 67% occupancy, with 2 of 3 doors currently occupied. One of the three units is month-to-month, creating an opportunity to reset rents to market on turnover and increase income. The property is configured with a 2-bedroom main-floor unit and a 3-room upstairs unit. Separate hydro metering is already in place, with tenants paying their own hydro, helping keep the owner's operating costs low and allowing added rent to flow more directly to NOI. The basement is currently unfinished and vacant, representing the immediate value-add opportunity. A future owner may be able to finish the basement and create a third rentable door, adding a new income stream on top of the in-place NOI without changing the building's footprint, subject to buyer due diligence and any required approvals. The upstairs unit is currently month-to-month and can be brought closer to market rent on turnover, while the vacant basement provides additional rental upside through build-out. With legal-duplex designation, separate hydro metering, current NOI, rent-reset potential, and a clear basement expansion opportunity, 29 Gertrude Street is well positioned for an investor seeking both immediate income and long-term appreciation in a tenant-dense Hamilton lower-city pocket. (id:58753)

Listing By: Mina Bishay - EXP REALTY
Source: CREA #X13540144 Listing provided courtesy of Canadian Real Estate Association
  • MLS® X13540144
  • Date Listed07/08/2026
  • Days on Realty 83 Days
  • Bedrooms 4
  • Bathrooms 2 baths
  • Lot Size -
  • Sewer Other
  • Property Type Duplex
  • Water Public

Interior Features

  • Cooling Central air conditioning
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Cross Streets: Gertrude St & Gage Ave N. ** Directions: Gage Ave. East on Gertrude St.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L8L4B7

Discover key demographics, population statistics, and environmental insights for the Hamilton (industrial Sector), ON area.

Walkability in ON / L8L4B7

Source: Walk Score

36/100

Car-Dependent

Walk Score ®

46/100

Some Transit

Transit Score ®

43/100

Bikable

Bike Score ®

Overview

Most errands require a car. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

3 nearby routes: 3 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 55/100, Transit Score: 48/100, Bike Score: 51/100.

Points of Interest near 29 GERTRUDE STREET, Hamilton (Industrial Sector), ON L8L4B7

Frequently Asked Questions for 29 GERTRUDE STREET

Source: Realty.com

29 GERTRUDE STREET, Hamilton (Industrial Sector), ON L8L4B7 in Hamilton (Industrial Sector), ON L8L4B7 is a duplex listed at $445,000. Highlights include 4 bedrooms, 2 bathrooms. Realty.ca has 21 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 21 photos of 29 GERTRUDE STREET.

The full address for this home is 29 GERTRUDE STREET, Hamilton (Industrial Sector), ON L8L4B7.

29 GERTRUDE STREET has been listed on Realty.com since Wed July 08, 2026

Most errands require a car. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 55/100, Transit Score: 48/100, Bike Score: 51/100.

This content last refreshed on 2026-09-29 08:52:57. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.