129 MARGARET Avenue, Stoney Creek, ON L8G3G7
129 MARGARET Avenue, Stoney Creek, ON L8G3G7
129 MARGARET Avenue, Stoney Creek, ON L8G3G7
129 MARGARET Avenue, Stoney Creek, ON L8G3G7
129 MARGARET Avenue, Stoney Creek, ON L8G3G7
129 MARGARET Avenue, Stoney Creek, ON L8G3G7
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 949,000
Est. payment | /mo

4 Beds

2 Baths

1,700 SqFt


Save
$ 949,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,700 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1700

Square Footage 1,700 sqft

Price per Sqft $558

Subdivision 517 - Highway Valley/Dewitt

MLS® Listing ID 40851161

Bedrooms 4

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Freehold

Property Description

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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Extra Room 1 Second level 9'6'' x 8'0'' Bedroom

Extra Room 2 Second level 13'1'' x 12'8'' Bedroom

Extra Room 3 Second level 13'10'' x 12'1'' Primary Bedroom

Extra Room 4 Lower level Measurements not available 3pc Bathroom

Extra Room 5 Lower level 26'6'' x 13'1'' Family room

Extra Room 6 Lower level 9'5'' x 9'2'' Bedroom

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features Yes

Community Features Quiet Area

View Y/N No

Attached Garage Yes

Total Parking Spaces 6

Garage Yes

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by SUTTON GROUP QUANTUM REALTY INC

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129 MARGARET Avenue