- Bedrooms
- 4
- Bathrooms
- 2
- Size
- 1,100–1,500sq ft
- Per sq ft
- $342at the range’s middle
- Lot
- 22.58 x 122 ft
- Tax a year
- $2,2672025 tax year
- Parking
- 2none
- Days on market
- Members
The brief
About 29 Gertrude St
29 Gertrude St is a 4-bedroom, 2-bathroom duplex in Industrial Sector, Hamilton, listed for sale at an asking price of $445,000 (MLS® X13540144).
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.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Strong98/100+$880/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 57 homes with 4 bedrooms for lease in Hamilton right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,267 / 2025
- MLS® number
- X13540144
- Board
- TRREB MLS®
- Property Type
- Duplex
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 22.58 x 122 ft
- Listed on
- Parking
- None, 2 Parking
Property details
Property
- Property Type
- Duplex
- Style
- 2-Storey
- Community
- Industrial Sector
- Municipality
- Hamilton
Building
- Size
- 1100-1500 sqft
- Construction
- Brick Front
Inside
- Bedrooms
- 4
- Bathrooms
- 2
- Bathroom Details
- 2 × 3pc
- Basement Type
- Unfinished
- Kitchens
- 2
Parking
- Garage Type
- None
- Additional Parking
- 2
- Total Parking
- 2
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 22.58 ft
- Depth
- 122 ft
- Lot Size
- 22.58 x 122 ft
Additional
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 29 Gertrude St, Hamilton, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $445,000 | N/A | Pc | X13540144 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $89,000
- Total mortgage amount
- $356,000
- Total interest payment
- $253,300
- Total purchase cost
- $698,300
- Mortgage payment
- $2,031/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$2,220- Carrying cost $2,220
- Surplus $880
Rental income opens at $3,100, the median asking rent of 57 comparable homes for lease in Hamilton. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $5,375
- Total land transfer tax
- $5,375
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $1,375
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $445,000
- $900
- Ontario total
- $5,375
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 2,755 sq ft256 m²
- Street frontage
- 22.58 ft6.9 m
- Depth
- 122 ft37.2 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m9 test or monitoring holes also recorded.250 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home3
- Nearest rail line: 30 m30 m
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 140 m away. Routes and stops change; check the agency’s schedule.400 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data · Municipal transit open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 7 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Air Liquide Canada Inc. — Air Liquide Canada - Hamilton (ASU and H2), 440 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Dotto One, Rogers. Cable: Cogeco Connexion, Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Hamilton Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence
The market
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| West Harbour GO | GO Transit train: Lakeshore West | 3.6 km |
| Hamilton GO Centre | GO Transit train: Lakeshore West | 3.9 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Holy Name of Jesus Catholic Elementary SchoolHamilton-Wentworth CDSB | Catholic · grades JK–8 | 1 km | 66%Grade 6 average |
| Prince of Wales Elementary Public SchoolHamilton-Wentworth DSB | Public · grades JK–8 | 1.2 km | 69%Grade 6 average |
| St. Ann (Hamilton) Catholic Elementary SchoolHamilton-Wentworth CDSB | Catholic · grades JK–8 | 1.2 km | 76%Grade 6 average |
| ÉÉC Notre-DameConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2.2 km | 80%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Bernie Custis Secondary School Secondary SchoolHamilton-Wentworth DSB | Public · grades 9–12 | 1 km | 36%Grade 9 math |
| Cathedral High SchoolHamilton-Wentworth CDSB | Catholic · grades 9–12 · French Immersion | 2.8 km | 43%Grade 9 math |
| Sir Winston Churchill Secondary SchoolHamilton-Wentworth DSB | Public · grades 9–12 | 3.3 km | 35%Grade 9 math |
| ÉSAC Mère-TeresaConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 5.1 km | 45%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Industrial Sector are shown to signed-in members.