Welcome to 124 Gladstone Avenue a legal triplex on a massive 60 foot by 102 foot lot zoned for a fourplex with driveway parking for 8 cars + a detached 2 car garage. Located in one of Hamilton’s most sought-after historic communities on a mature tree lined street, this property blends income potential with long-term value. This property is perfect for maximizing rental income or future development.
CONTACT THE KORMENDY TROTT TEAM
1 (800) 617-0090 info@kormendytrott.com
*Room sizes, year built, lot dimensions, taxes and all other specifications are approximate. Square footage source: MPAC. Buyers and/or their agent are responsible for determining exact figures.
OUtside
§ Brick exterior
§ Covered front porch
§ Eight-car driveway
§ Detached 2-car garage
Unit 1 ( GRO u ND fl OOR )
§ 2 Bedrooms
§ 1 Basement den
§ 1 x 4-piece bathroom
§ Fridge, Stove, Rangehood
§ Pocket doors in living room
§ Washer & Dryer in their basement
§ Back door
what
Unit 2 (2ND flOOR)
§ 2 Bedrooms
§ 1 Den
§ 1.5 Bathrooms
§ Washer & Dryer
§ Back door
Unit 3 (3 RD l E v E l)
§ 1 Bedroom
§ 1 x 4-piece bathroom
§ Kitchen with Fridge & Stove
§ Storage
§ Back deck
Unit 4 (Bas EMENT )
§ 1 Bedroom
§ 1 x 4-piece bathroom
§ Fridge
§ Stove
MisCellaneOUs
§ 200 AMP Electrical Service
§ ESA Certified (previously)
§ Roof (2 years old)
§ New Decking
§ Separate Entrances for All Units
§ Boiler (~5 years old)
§ Separate hydro meters
124GladstoneAve,Hamilton,ON
2ndFloor ExteriorArea1280.07sqft
InteriorArea1162.85sqft
ExcludedArea3.29sqft
Measurements and calculations are approximate To be used as guidelines only
unit #3
124GladstoneAve,Hamilton,ON
Attic
ExteriorArea625.76sqft
InteriorArea527.14sqft
ExcludedArea136.11sqft
Unit# 4 (Basement)
124GladstoneAve,Hamilton,ON
Basement(BelowGrade)
ExteriorArea90.16sqft
ExcludedArea717.52sqft
unit #4 (basement)
Measurements and calculations are approximate To be used as guidelines only
basement apartment is NOT permitted, however the property is zoned for 4 units. Buyer to verify permitted use with the municipality.
(2025) $5,973.00
$10,765.00
totaL annuaL exPenses
$22,876.48
net oPeratinG InCome (noI)
Current noI
$17,384.24
PotentiaL noI (fuLLy rented)
$29,849.96
ProPerty uPdates
- 200 AMP Electrical Service
- ESA Certified (previously)
- Roof (2 years old)
- New Decking
- Separate Entrances for All Units
- Boiler (~5 years old)
neighbourhood
WElCOME TO sT. ClaiR.
Welcome to the charm of St. Clair, one of Hamilton’s most desirable and conveniently located neighbourhoods. Nestled just west of the downtown core and nestled below the iconic Niagara Escarpment, this vibrant residential area offers a perfect balance of character, convenience, and community.
Well-connected to major highways and public transit routes, St. Clair makes commuting and exploring the city a breeze. The neighbourhood features a diverse mix of housing options — from beautiful older homes full of character to apartments — appealing to families, young professionals, and long-time residents alike.
Residents enjoy easy access to nearby parks, local shops, restaurants, schools, and everyday amenities. With its welcoming atmosphere and ideal location near Dundas, Ancaster, and Dundurn Street, St. Clair is a great place to call home for those seeking both comfort and connectivity in Hamilton.
