Excellent Turnkey Investment Opportunity In The Heart Of Hamilton! This Well-Maintained Duplex Features Four Self-Contained Units, Each Occupying Its Own Level For Maximum Privacy. Offering Three 1-Bedroom Units And One 2-Bedroom Unit, The Property Delivers Excellent Rental Versatility And Strong Income Potential. Functional Layouts With Bright Interiors Throughout. Situated On A Deep 150 Ft Lot, With Convenient Access To Transit, Schools, Parks, And Amenities. Ideal For Investors Or Multi-Generational Living. Recent Upgrades Include Fresh Paint Throughout, Newer Floors In Upper 3 Units, New Kitchen Cabinets In Third Floor Unit (2025), Roof (2018)
4 bedrooms, 4 bathrooms, about 1,500 sq ft, works out to roughly $426 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 243 Gibson Ave
Every detail from the listing, in one place.
Type
Detached
Style
2 1/2 Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
1 space
Basement
Apartment, Separate Entrance
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
Apartment · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2 1/2 Storey
Property class
Detached
243 Gibson Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13811084$639,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 243 Gibson Ave Compares to the Hamilton Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,139
/mo
based on the purchase price of $639,000
$127,800 cash
$511,200 financed
$430,565 total interest
Principal54%$511,200
Interest46%$430,565
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Hamilton
Other 3–4 bed homes for sale in Hamilton around $639K.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings2,475Homes for sale here right now.
Median vs prior 90 days−3.1%Compared with May 3 – Aug 1, 2026: prices down.
Based on 1,786 sales from Aug 1 – Oct 30, 2026 (1,536 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
243 Gibson Ave is listed at $639,000 (MLS® X13811084). Summitly updates the price as soon as the MLS® record changes.
Is $639,000 a good price for 243 Gibson Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Hamilton. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 243 Gibson Ave changed?
No — 243 Gibson Ave is still listed at its original asking price of $639,000.
How many bedrooms and bathrooms does 243 Gibson Ave have?
243 Gibson Ave has 4 bedrooms and 4 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Hamilton.
Is 243 Gibson Ave close to transit?
The nearest rapid-transit station is West Harbour GO Station (Lakeshore West GO), about 2.4 km in a straight line. Hamilton GO Centre GO Station is about 2.6 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 243 Gibson Ave?
About $3,139 a month — principal and interest on $639,000 with 20% down ($127,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 243 Gibson Ave compare with other homes in Hamilton?
Its asking price of $639,000 is about 5% below the median sold price in Hamilton over the last 90 days, $673,000, across 1,786 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 243 Gibson Ave been sold before?
Summitly has no earlier MLS® sale or lease of 243 Gibson Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 243 Gibson Ave?
243 Gibson Ave is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 243 Gibson Ave been on the market?
39 days — 243 Gibson Ave was listed on September 21, 2026.
What is the price per square foot of 243 Gibson Ave?
About $320 to $426 per square foot: the asking price of $639,000 over the 1,500–2,000 sq ft the listing gives as its size range.
