23
$899,900 Sale
Listed 44 days ago
129 Margaret Avenue
· 4
· 2
· 2
· 1700
Key Facts
Key facts for 129 Margaret Avenue
Property Type
House, Backsplit
Parking
2 garage, Private Drive Double Wide 6 parking
MLS #
40859270
Size
1700 sqft
Basement
Full,Partially Finished
Listed on
2026-08-28
Lot size
-
Tax
$6,265.83 /yr
Days on Market
46
Year Built
-
Maintenance Fee
-
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, window...s, 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., Directions:, Exclusions:
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Courtesy of: SUTTON GROUP QUANTUM REALTY INC
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