29 Gertrude Street, Hamilton, ON L8L 4B7
Industrial Sector, Hamilton · Near Gertrude St & Gage Ave N · View map
About this home
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.
The home
- Type
- Duplex
- Style
- 2-Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 4
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 10
- Basement
- Unfinished
- Lot size
- 22.6 x 122 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick Front
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 2
- Total parking
- 2
Taxes & other
- Property taxes
- $2,267/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Available
- Cross street
- Gertrude St & Gage Ave N
- Neighbourhood
- Industrial Sector
More
- Price per sq ft
- ~$342 (at 1,300 sq ft)
- MLS® number
- X13540144
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
29 Gertrude Street, Hamilton, ON L8L 4B7
Industrial Sector, Hamilton · Near Gertrude St & Gage Ave N
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Listing history for 29 Gertrude Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 29 Gertrude Street
Answers come straight from this home’s MLS® listing.
How much is 29 Gertrude Street listed for, and what would it cost each month?
29 Gertrude Street is listed for $445,000. With 20% down ($89,000), the mortgage payment would be roughly $1,795 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,984 a month, all in. That figure is an illustration, not a quote.
Is 29 Gertrude Street freehold or a condo, and is there a monthly fee?
29 Gertrude Street is a duplex in Industrial Sector, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 29 Gertrude Street have?
29 Gertrude Street has 4 bedrooms and 2 bathrooms. The listing gives the style as 2-storey.
Does 29 Gertrude Street have a garage and parking?
The listing does not show a garage. The driveway adds 2 spaces. In total the listing counts 2 parking spaces.
Does 29 Gertrude Street have a finished basement?
The listing describes the basement as unfinished.
What style of home is 29 Gertrude Street?
29 Gertrude Street is a duplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 29 Gertrude Street, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 22.6 x 122 ft.
How is 29 Gertrude Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 29 Gertrude Street?
Property taxes are $2,267 a year (2025), or about $189 a month.
Where is 29 Gertrude Street?
29 Gertrude Street is in the Industrial Sector community of Hamilton. The nearest main intersection is Gertrude St & Gage Ave N. The postal code is L8L 4B7.
Is 29 Gertrude Street still for sale?
Yes. It is an active listing (MLS® X13540144). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 29 Gertrude Street asking?
Similar properties for sale nearby right now include 105 Cheever Street at $399,000 (5 bed), 127 East Avenue S at $570,000 (4 bed) and 24 Somerset Avenue at $449,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 29 Gertrude Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 29 Gertrude Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Duplex$449,90024 Somerset Avenue, Hamilton3 bed · 2 bath · StipleyCourtesy of: RE/MAX ESCARPMENT REALTY INC.View home →Courtesy of: EXP REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.