39 PRINCESS STREET, Hamilton (Gibson)

$349,900

For sale: Detached

Detached at 39 PRINCESS STREET, Hamilton (Gibson)
Property type
Detached
Bedrooms / bathrooms
2 bedrooms, 1 bathroom
Living area
1,100 sqft
MLS®
MLS® X14127928
Neighbourhood
Gibson

Imagine the redevelopment possibilities! Bring your vision to 39 Princess Street and explore the opportunity to transform this Hamilton gem into a duplex, with a longer-term concept for as many as five separate residential units. The proposed first phase retains and revitalizes the existing home, pairing a renovated main floor with a self-contained basement apartment and separate entrances. The broader development vision contemplates two additional storeys, creating four residences within the main house, plus a two-bedroom apartment above a proposed rear two-car garage. Exterior improvements and a repaved driveway round out the planned transformation. Whether you're an investor exploring future rental income, a builder looking for your next project, or a buyer ready to turn potential into something special, this property invites you to imagine what comes next. Explore the initial two-unit concept and the possibilities for future expansion. Preliminary financials, conceptual renderings and development proposals are available. Permit and planning applications have not been submitted, and approvals have not been obtained; the buyer is responsible for confirming feasibility and securing all required permits and approvals. Do phase one and stop or continue later. The options are endless.

Sold data

Homes in Gibson — recent sold market

Homes in Gibson took a median of 23 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 42, across 44 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.

The median sale price was $481,000.

Homes sold for about 2.9% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
23
Median sale price
$481,000
Sale-to-list ratio
97.1%
Sold above asking
16%

Based on 44 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (Gibson)

Hamilton (Gibson) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.

Rated schools
130
Elementary
108
Secondary
22
Average rating
5.6 / 10

Top-rated schools in Hamilton (Gibson)

  • Corpus Christi — elementary, HamiltonFraser rating 10.0/10
  • Norwood Park — elementary, HamiltonFraser rating 8.4/10
  • Pope John Paul II — elementary, HamiltonFraser rating 8.0/10
  • Our Lady of Lourdes — elementary, HamiltonFraser rating 7.3/10
  • Westmount — secondary, HamiltonFraser rating 7.3/10
  • Sacred Heart — elementary, HamiltonFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 39 PRINCESS STREET