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129 MARGARET Avenue, Stoney Creek — listed at $899,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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:60164)
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Lower level | — |
| Family room | Lower level | 13'1'' x 26'6'' |
| Bedroom | Lower level | 9'2'' x 9'5'' |
| 4pc Bathroom | Main level | — |
| Bedroom | Second level | 8'0'' x 9'6'' |
| Bedroom | Second level | 12'8'' x 13'1'' |
| Primary Bedroom | Second level | 12'1'' x 13'10'' |
| Eat in kitchen | Main level | 10'4'' x 17'5'' |
| Dining room | Main level | 10'6'' x 11'10'' |
| Living room | Main level | 11'11'' x 15'10'' |
What's the parking situation?+
This property includes 6 spaces — Attached Garage.
Is 129 MARGARET Avenue a good fit for a growing family?+
With 4 bedrooms and 2 bathrooms (1700 sq ft), there's room for kids plus a guest room or home office. The 3-storey layout keeps living and sleeping areas separated.
How is the space laid out across floors?+
This is a 3-storey single family. The 4 bedrooms and 2 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Does it have a basement, and is it finished?+
Yes — Partially finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,265.83, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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