Home with brick exterior material, street for 216 Margaret Ave, Hamilton Ontario L8E 2H8
23 days on Market

216 Margaret Ave, Hamilton, Ontario L8E 2H8

Detached
3 + 1
2
~1500-2000 sqft
$879,900
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Detached
3 + 1
2
~1500-2000 sqft

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Highlights

Property Estimate

Days on market23 days

Estimated valueNot available

Price/Sqft$513/sqft

Monthly cost

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CMA Subject Property

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+3

Properties sold*

$1.1M

Median sold price*

*Based on last 30 days

Description

Income-Generating All-Brick Backsplit on Deep Lot 216 Margaret Ave, Stoney Creek.Welcome to 216 Margaret Avenue a spacious and solidly built backsplit offering 1980 sq ft of fully finished living space plus basement in a quiet, family-friendly neighbourhood of Stoney Creek. Whether youre an investor, multi-generational family, or first-time buyer, this home offers exceptional versatility and income potential. The main (upper) level features 3 spacious bedrooms, 1 full bathroom, a bright living area, full kitchen/dining, and separate laundry. Currently rented at $2,400/month, this unit provides steady income. The tenant is flexible and may stay or vacate, depending on the buyers preference. The lower level features a self-contained walk-out basement with its own full kitchen, bathroom, laundry, and private entrance Set on a 205-foot deep lot. Previously rented at $2,000/month, its ideal as a mortgage helper, in-law suite.


Property Details

StyleBacksplit 4
View-
Age of property31-50
SqFt~1500-2000 SqFt
Lot Size10,250 SqFt(205 x 50)
Parking Spaces7
MLS ®NumberX12271786
Community NameGuernsey
Data SourceTRREB
Listing byROYAL LEPAGE CERTIFIED REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Fin W/O, Sep Entrance

Lower Floor

Living

4.22 x 6.53

Kitchen

4.19 x 4.14


Features

Lot size: 10,250 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 6

Total parking spaces 7


Market Data - Guernsey

Geo Zone Map ThumbnailGuernsey

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

12 days

Compared to

2024

70 days

2023

29 days

2022

36 days

New Listings

Past 30 days

10 listings

Compared to

2024

6 listings

2023

5 listings

2022

2 listings

Units sold

Past 30 days

2 units

Compared to

2024

3 units

2023

3 units

2022

1 unit

Median Sold Price

Past 30 days

$782,500

Compared to

2024

$1,137,500

2023

$824,900

2022

$838,000


Population and Demographics

Overview

Total population 2869
Average household income $128,037

Age (%)

0 to 19
21%
20 to 34
17%
35 to 49
19%
50 to 64
22%
65 and plus
21%

Household composition (%)

Single family
77%
Single person
19%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
65%
Punjabi (Panjabi)
7%
Italian
7%
Serbian
5%
Croatian
4%
Polish
3%
Others
3%
Urdu
2%

House tenancy (%)

Owners
94%
Renters
6%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget