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Listed price in listed location currency (CAD).
$899,900

426

MLS® 40859270

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1700 sqft
Garage Yes
Taxes $6,266
Days Active 1
Lot Size 0.34 Acres
Approx. Age 
Avg. Price Per Sqft $529
MLS® Number 40859270

Property Address: 129 Margaret Ave, Stoney Creek, ON, L8G3G7

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number40859270
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFull, Partially Finished
DrivewayAttached Garage, Garage Door Opener
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral Air

Extras

Dishwasher, Dryer, Garage Door Opener, Range Hood, Refrigerator, Stove, Washer

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $899,900

Brick exterior with a covered porch featuring arch
For Sale · 2 days

$899,900

MLS® 40859270

2 days ago

Not Sold Yet

August 2026, Canceled for $949,000

Brick exterior with a covered porch featuring arch
Canceled · 35 days

$949,000

MLS® 40851161

6 hours ago

Canceled on Aug 29, 2026

  • Aug 28, 2026, For Sale for $899,900

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Home Estimate Zoopraisal®

This property is estimated to sell between: $734,000 and $983,000.
Similar properties in this area sold on average for: $734,775
Expected to sell in 38 days. Similar properties sold in 39 days. This home has been on Zoocasa for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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