A rare opportunity in one of Stoney Creek's quiet, established neighbourhoods! Custom-designed and built in 1979 for the original owners, this exceptionally solid and lovingly maintained home reflects true pride of ownership. Most major improvements were completed around 2008, while the roof, windows, exterior doors and garage doors remain in very good condition. Set on an impressive 86 x 175 ft lot and surrounded by attractive newer custom homes, the property offers outstanding possibilities. Buyers may explore severance into two approximately 43 x 175 ft building lots, subject to Committee of Adjustment and all municipal approvals. At roughly $450,000 per potential lot, the land value alone presents a compelling opportunity. The existing home also offers excellent multi-generational or investment potential, with the possibility of creating up to three independent living areas, each with its own entrance, subject to required permits and approvals. The partially finished basement has separate access through stairs from the garage. Estimated potential gross rental income could reach approximately $7,000 per month once properly configured and approved. Enjoy a peaceful setting close to schools, shopping, parks, Downtown Stoney Creek, Confederation GO Station and the Lake Ontario waterfront, with quick access to the QEW for easy travel toward Hamilton, Burlington, Toronto or Niagara. Live in it, rent it, renovate it, or explore the redevelopment potential-this is the kind of property that rarely comes to market.
Address
129 Margaret Avenue
List Price
$949,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Backsplit 4
Transaction Type
Sale
Area
Hamilton
Sub-Area
Stoney Creek
Bedrooms
4
Bedrooms (Total)
4
Rooms Above Grade
8
Bathrooms
2
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
175
Lot Size Units
Feet
Lot Width
86
Parcel Number
173380027
Occupant Type
Owner
Cross Street
HWY 8 (Queenston Rd)/Margaret Ave
MLS® Number
X13606342
Listing Brokerage
SUTTON GROUP QUANTUM REALTY INC.
Basement Area
Partially Finished, Separate Entrance
Postal Code
L8G 3G7
Posession Details
TBA
Parking
Private Double
Parking Places (Total)
6
Parking Spaces
4
Tax Amount
$6,265.83
Tax Year
2026
Interior Features
Water Heater, In-Law Capability
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
North
Fireplace
Yes
Foundation Details
Concrete Block
Garage
Yes
Garage Type
Built-In
Covered Spaces
2
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 32, PL 922 , PART 1 & 2 , 62R1541 ; STONEY CREEK CITY OF HAMILTON
Waterfront
No
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 4.85 x 3.62 | |
| Main | Dining Room | 6.61 x 3.2 | |
| Main | Kitchen | 5.31 x 3.15 | Breakfast Area, Open Concept |
| Second | Primary Bedroom | 4.01 x 3.68 | Large Closet |
| Second | Bedroom 2 | 3.96 x 3.42 | Large Closet |
| Second | Bedroom 3 | 2.91 x 2.45 | Closet |
| Lower | Bedroom 4 | 2.9 x 2.81 | 3 Pc Bath |
| Lower | Family Room | 8.11 x 3.62 | Fireplace, Sliding Doors, Walk-Out |