$1,100,000
For sale: Multiplex

This exceptional duplex property offers a unique combination of immediate rental income and outstanding future development potential. Situated on an expansive oversized lot measuring approximately 87 ft x 150 ft, this property is truly a "diamond in the rough" for investors, builders, and families alike. Currently tenanted, the property generates strong cash flow, with opportunities to further enhance its income potential through strategic improvements. This multi family home with tremendous potential, requiring some TLC and creative remodeling ideas to unlock its full value. Prime Location: Ideally located in the heart of Stoney creek, a major intersection and surrounded by thriving commercial plazas, places of worship, schools, and essential community amenities. Development Potential: Positioned in a high-traffic, high-visibility area, this property presents numerous possibilities for future redevelopment or expansion, subject to applicable approvals. A must-see property with endless potential, waiting for your vision and creativity. Don't miss this rare opportunity to secure a valuable asset in one of Stoney Creek's most desirable and growing locations.
Sold data
Homes in Stoney Creek took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 49, across 75 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $739,900.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
Based on 75 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Stoney Creek) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$1,150,000
Multiplex258 LYNDEN ROAD, Lynden, Hamilton

$1,099,000
Detached73 ELEANOR AVENUE, Eleanor, Hamilton

$1,098,000
Detached23 WOODVALLEY COURT, Falkirk, Hamilton

$1,099,900
Detached174 IRWIN AVENUE, Meadowlands, Hamilton

$949,900
Detached2 CRESTHAVEN DRIVE, Stoney Creek, Hamilton

$1,050,000
Detached121 CRAFTER CRESCENT, Stoney Creek, Hamilton

$1,059,000
Detached7 APEX COURT, Stoney Creek Mountain, Hamilton

$979,000
Detached9 HILTS DRIVE, Stoney Creek, Hamilton