129 Margaret Avenue, Hamilton, ON L8G 3G7
Stoney Creek, Hamilton · Near HWY 8 (Queenston Rd)/Margaret Ave · View map
About this home
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.
The home
- Type
- Backsplit
- Style
- Backsplit 4
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 8
- Basement
- Partially Finished, Separate Entrance
- Lot size
- 86 x 175 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Built-In
- Garage spaces
- 2
- Driveway spaces
- 4
- Total parking
- 6
- Parking features
- Private Double
Taxes & other
- Property taxes
- $6,266/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- FLEX
- Cross street
- HWY 8 (Queenston Rd)/Margaret Ave
- Neighbourhood
- Stoney Creek
More
- Price per sq ft
- ~$514 (at 1,750 sq ft)
- Listed
- Aug 29, 2026 · 44 days ago
- MLS® number
- X13725412
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The home and its surroundings
- Water Heater
- In-Law Capability
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
129 Margaret Avenue, Hamilton, ON L8G 3G7
Stoney Creek, Hamilton · Near HWY 8 (Queenston Rd)/Margaret Ave
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Listing history for 129 Margaret Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 129 Margaret Avenue
Answers come straight from this home’s MLS® listing.
How much is 129 Margaret Avenue listed for, and what would it cost each month?
129 Margaret Avenue is listed for $899,900. With 20% down ($179,980), the mortgage payment would be roughly $3,630 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,152 a month, all in. That figure is an illustration, not a quote.
Is 129 Margaret Avenue freehold or a condo, and is there a monthly fee?
129 Margaret Avenue is a backsplit in Stoney Creek, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 129 Margaret Avenue have?
129 Margaret Avenue has 4 bedrooms and 2 bathrooms. The listing gives the style as backsplit 4.
Does 129 Margaret Avenue have a garage and parking?
Yes. The listing shows the garage as built-in, with room for 2 cars. The driveway adds 4 spaces. In total the listing counts 6 parking spaces.
Does 129 Margaret Avenue have a finished basement?
The listing describes the basement as partially finished, separate entrance. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 129 Margaret Avenue?
129 Margaret Avenue is a backsplit. A backsplit has its levels staggered front to back: from the street it looks like a bungalow, with extra levels at the rear.
How big is 129 Margaret Avenue, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 86 x 175 ft.
How is 129 Margaret Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 129 Margaret Avenue?
Property taxes are $6,266 a year (2026), or about $522 a month.
Where is 129 Margaret Avenue?
129 Margaret Avenue is in the Stoney Creek community of Hamilton. The nearest main intersection is HWY 8 (Queenston Rd)/Margaret Ave. The postal code is L8G 3G7.
How long has 129 Margaret Avenue been on the market?
129 Margaret Avenue was listed on August 29, 2026. It has been on the market for 44 days. It is an active listing (MLS® X13725412). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 129 Margaret Avenue asking?
Similar bungalow-style homes for sale nearby right now include 72 Henley Drive at $874,900 (4 bed), 104 Glen Cannon Drive at $939,900 (4+1 bed) and 95 Chilton Drive at $699,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 129 Margaret Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 129 Margaret Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near Stoney Creek, picked by style, size and price.
Backsplit$874,90072 Henley Drive, Hamilton4 bed · 2 bath · Stoney CreekCourtesy of: ROYAL LEPAGE STATE REALTYView home →
Backsplit$939,900104 Glen Cannon Drive, Hamilton4+1 bed · 3 bath · Stoney CreekCourtesy of: REALTY NETWORKView home →
Backsplit$699,00095 Chilton Drive, Hamilton4 bed · 2 bath · Stoney Creek MountainCourtesy of: RE/MAX ESCARPMENT REALTY INC.View home →Courtesy of: SUTTON GROUP QUANTUM REALTY INC.
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.