New Listing
$899,900
 $4,831 est/mo Sourced by Back At You

129 Margaret Avenue,Stoney Creek, ON L8G3G7

Stoney Creek, ON L8G3G7

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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:13843)

Details

MLS #40859270
Listing TypeFor Sale
StyleHouse
StatusActive
Days On Site1
Listing Provided BySUTTON GROUP QUANTUM REALTY INC | Matthew Czaplinski

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet1,700
Garage6
BasementY
Story(s)3
ZoningR2
Acreage0.34

Interior

CoolingCentral air conditioning
HeatingForced air, Natural gas
AppliancesWasher, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Garage door opener
Fireplace Yes / NoNo

Exterior

Lot FeaturesAutomatic Garage Door Opener

Parking

Parking FeaturesAttached Garage
Parking Total6

Utilities

SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount6265.83

Area Information

ProvinceON
CityStoney Creek
Postal CodeL8G3G7
Community Name517 Highway Valley/Dewitt
Listing VS Median (in 517 Highway Valley/Dewitt)
Price:
$899,900
low | high
Med:
$874,900
52.77808645405% of Average
sqft:
1,700
low | high
Med:
1,605
55.588235294118% of Average
$ / sqft:
$529
low | high
Med:
$546
46.836256272772% of Average
On site:
1
low | high
Med:
84
2% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityStoney Creek
Postal CodeL8G3G7
Community Name517 Highway Valley/Dewitt
Listing VS Median (in 517 Highway Valley/Dewitt)
Price:
$899,900
low | high
Med:
$874,900
52.77808645405% of Average
sqft:
1,700
low | high
Med:
1,605
55.588235294118% of Average
$ / sqft:
$529
low | high
Med:
$546
46.836256272772% of Average
On site:
1
low | high
Med:
84
2% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $674K - $1.124M
sqft: 1,000 - 2,000
Listing Updated: August 29, 2026 at 1:38:47 PM PDT