Home with brick exterior material, building for 50 Sanford Ave, Hamilton Ontario L8M 2G6
3 days on Market

50 Sanford Ave, Hamilton, Ontario L8M 2G6

Townhouse
-
2
~1500 sqft
$549,900
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Townhouse
-
2
~1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$366/sqft

Est. Mortgage$2,362/mo

Tax Amount (2024)$3,318/yr

Days On Market3 days


Description

Rare Duplex Opportunity with A+ Tenants for Investors and/or Owner-Occupants in a Desirable Location (Walk Score 94/100); Currently generates $2,400 gross income monthly with reliable Tenants willing to stay, or open to vacate if preferred; Well-maintained and renovated 1 bedroom plus den on upper unit (two floor levels), 1 bedroom on main floor unit with fully unfinished basement; Well-structured and low-maintenance duplex; separate entrances, 2 kitchens, 2 bathrooms, updated flooring, high-efficiency furnace, 40 gallon water heater tank (rental), 100-Amp Panel and Breakers. Note: photos attached herein are pre-leasing and closely resemble the property’s current condition.


Property Details

StyleResidential Income
View-
Age of property1911
SqFt~1500 SqFt
Lot Size1,325 SqFt(53 x 25)
Parking Spaces-
MLS ®Number40724341
Community NameGibson
Data SourceITSO
Listing byChin Property Advisors Inc.

Features

Heating: Forced Air, Natural Gas
Basement: Full, Unfinished

Features

Lot size: 1,325 SqFt
Sewer (Municipal)

Property History

May 1, 2025
Listed for
$549,900
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Listed
$•••,•••
3 days on market
history photo preview24
Listing by itso®
Property listed by Chin Property Advisors Inc., Brokerage

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Market Data - Gibson

Geo Zone Map ThumbnailGibson

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

31 days

Compared to

2024

49 days

2023

0 day

2022

40 days

New Listings

Past 30 days

5 listings

Compared to

2024

0 listing

2023

1 listing

2022

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

2023

0 unit

2022

1 unit

Median Sold Price

Past 30 days

$830,000

Compared to

2024

$455,000

2022

$793,500


Population and Demographics

Overview

Total population 7422
Average household income $86,536

Age (%)

20 to 34
26%
0 to 19
23%
35 to 49
20%
50 to 64
19%
65 and plus
12%

Household composition (%)

Single family
51%
Single person
40%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
81%
Spanish
3%
Arabic
2%
Portuguese
2%
Somali
2%
Vietnamese
2%
Others
2%
French
1%
Italian
1%

House tenancy (%)

Renters
60%
Owners
40%

Schools and amenities

Estimated Budget