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129 MARGARET Avenue

129 MARGARET Avenue

Stoney Creek, Ontario

4 bed • 2 bath • Single Family

$949,000

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. PLEASE NOTE:*Some Images have been Virtually Staged*

Price History

Property

Lot Size
0.34 acres

Schools

Elementary

  • South Meadow Public School0.4 km

    Public · Hamilton-Wentworth DSB · 590 students

    Grade 3 reading: 72% met the provincial standard · Grade 6 math: 35% met the provincial standard

  • St. Clare of Assisi Catholic Elementary School0.7 km

    Catholic · Hamilton-Wentworth CDSB · 320 students

    Grade 3 reading: 74% met the provincial standard · Grade 6 math: 62% met the provincial standard

  • St. Francis Xavier Catholic Elementary School0.9 km

    Catholic · Hamilton-Wentworth CDSB · 410 students

    Grade 3 reading: 93% met the provincial standard · Grade 6 math: 42% met the provincial standard

Secondary

  • Orchard Park Secondary School1 km

    Public · Hamilton-Wentworth DSB · 1070 students

    Grade 10 literacy: 85% met the provincial standard

  • St. John Henry Newman Catholic Secondary School1.9 km

    Catholic · Hamilton-Wentworth CDSB · 1640 students

    Grade 10 literacy: 90% met the provincial standard

  • Glendale Secondary School4.7 km

    Public · Hamilton-Wentworth DSB · 1260 students

    Grade 10 literacy: 78% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L8G

Population
21,805
Private dwellings
9,518
Median age
50.8
Average household size
2.3
Median household income
$77,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Single Family in Stoney Creek · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of single family properties in Stoney Creek over the last 12 months.

Location

Mortgage Calculator

$189,800

Estimated Monthly Payment

$4,662

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $4,662/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $237/mo

Estimates only. Consult a financial advisor.

R

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