77 Gertrude Street, Hamilton, ON

Industrial Sector, Hamilton · MLS® X13476484

$299,000
For Sale
Listed 30 days ago
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3Bedrooms
1Bathrooms
1Garage · 2 parking
1100-1500Sq Ft

About this home

Priced to sell! Great opportunity to get into the Hamilton market on Gertrude St. This detached 3-bedroom, 1-bath home offers a functional layout, a rare detached garage, and a full unfinished basement with great ceiling height for future development. Excellent location minutes from the QEW/Burlington St corridor and the Centre on Barton. Property is sold tenant-occupied with ongoing LTB disclosures. Perfect setup for a buyer looking to build quick equity. Furnance installed in 2024, Roof done in 2013

Key facts

Property type
Detached, 2-Storey
MLS®
X13476484
Bedrooms
3
Bathrooms
1
Size
1100-1500
Lot
25 × 96 ft
Cross streets
Gage St/Ottawa
Parking
1 garage · 2 parking (detached)
Basement
Unfinished, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Metal
Sewer
Sewer
Property tax
$1,775 / 2025
Days on market
30
Listing brokerage
CENTURY 21 GREEN REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Comparable listingsCurrently listed nearby in Industrial Sector · asking prices
$412kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

69 Hillyard Street$430k16 Albemarle Street$430k334 Gage Avenue$380k66 Mars Avenue$399k60 Keith Street$420k

The 5 closest of 7 active listings nearby.

See all comparable homes
299kThis home430k430k380k399k420kThis home vs active comparables
Live market pulseActive comparables in Industrial Sector · median list $430K
$230this home / sqft
8active listings nearby
30days on market
100sold nearby · 90 days
$503Kmedian sold price
97%of asking, on average

This home lists 32% below the area average of $340/sqft.

27 days longer than the Hamilton average (3 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Industrial Sector, Hamilton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Crown Point
$618K
Raleigh
$615K
Hamilton Beach
$1.45M
Westdale
$1.60M
Stoney Creek Mountain
$880K

Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$1,363/mo
$60KIncome needed
5.0×Price ÷ income
$314Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

90%mortgage
Mortgage $1,363Property tax $148Total carry $1,511

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,276per month

Mortgage amount $239,200 · 4.14% over 25 years

$59,800Down payment (20.0%)
$239,200Loan before insurance
$0CMHC premium
$1,424Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,276
Property tax
$148
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$1,424

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$2,960
Estimated closing costs
$2,960

Plus your down payment of $59,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,550/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$143,738Total interest paid
$382,938Total of all payments
Principal $239,200 Interest $143,738
YearPrincipalInterestBalance
1$5,604$9,714$233,596
2$5,838$9,479$227,758
3$6,082$9,235$221,676
4$6,337$8,981$215,340
5$6,602$8,716$208,738
6$6,878$8,440$201,860
7$7,166$8,152$194,695
8$7,465$7,852$187,229
9$7,777$7,540$179,452
10$8,103$7,215$171,349
11$8,442$6,876$162,907
12$8,795$6,523$154,112
13$9,163$6,155$144,950
14$9,546$5,772$135,404
15$9,945$5,372$125,458
16$10,361$4,956$115,097
17$10,795$4,523$104,302
18$11,246$4,071$93,056
19$11,717$3,601$81,340
20$12,207$3,111$69,133
21$12,717$2,600$56,416
22$13,249$2,068$43,167
23$13,803$1,514$29,363
24$14,381$937$14,982
25$14,982$335$0

At the end of your 5-year term

Total paid over the term
$76,588
Principal paid down
$30,462
Interest paid
$46,125
Balance remaining
$208,738

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,300/mo
$27,600Gross annual rent
7.2%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

9.2%
Gross yield
− Property tax $1,775− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $21,389

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 GREEN REALTY INC.. MLS®/PropTx.

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