29 Gertrude Street is an investment property within a portfolio. A legal duplex in Hamilton's lower city, offering current income with a clear value-add path. The property is currently generating a 5.44% cap rate with $26,918 in current NOI and 67% occupancy, with 2 of 3 doors currently occupied. One of the three units is month-to-month, creating an opportunity to reset rents to market on turnover and increase income. The property is configured with a 2-bedroom main-floor unit and a 3-room upstairs unit. Separate hydro metering is already in place, with tenants paying their own hydro, helping keep the owner's operating costs low and allowing added rent to flow more directly to NOI. The basement is currently unfinished and vacant, representing the immediate value-add opportunity. A future owner may be able to finish the basement and create a third rentable door, adding a new income stream on top of the in-place NOI without changing the building's footprint, subject to buyer due diligence and any required approvals. The upstairs unit is currently month-to-month and can be brought closer to market rent on turnover, while the vacant basement provides additional rental upside through build-out. With legal-duplex designation, separate hydro metering, current NOI, rent-reset potential, and a clear basement expansion opportunity, 29 Gertrude Street is well positioned for an investor seeking both immediate income and long-term appreciation in a tenant-dense Hamilton lower-city pocket.
4 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $405 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 29 Gertrude St
Every detail from the listing, in one place.
Type
Duplex
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
2 spaces
Basement
Unfinished
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Duplex
29 Gertrude St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$2,186
/mo
based on the purchase price of $445,000
$89,000 cash
$356,000 financed
$299,845 total interest
Principal54%$356,000
Interest46%$299,845
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.
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Similar homes for sale nearby in Hamilton
Other 3–5 bed homes for sale in Hamilton around $445K.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings2,466Homes for sale here right now.
Median vs prior 90 days−2.7%Compared with May 14 – Aug 12, 2026: prices down.
Based on 1,823 sales from Aug 12 – Nov 10, 2026 (1,570 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
29 Gertrude St is listed at $445,000 (MLS® X13540144). Summitly updates the price as soon as the MLS® record changes.
Is $445,000 a good price for 29 Gertrude St?
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 29 Gertrude St changed?
Yes — it was first listed at $495,000 and is now $445,000, a drop of $50,000 (10.1%).
How many bedrooms and bathrooms does 29 Gertrude St have?
29 Gertrude St has 4 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a duplex in Hamilton.
Is 29 Gertrude St close to transit?
The nearest rapid-transit station is West Harbour GO Station (Lakeshore West GO), about 3.6 km in a straight line. Hamilton GO Centre GO Station is about 3.9 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 29 Gertrude St?
About $2,186 a month — principal and interest on $445,000 with 20% down ($89,000), 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 29 Gertrude St compare with other homes in Hamilton?
Its asking price of $445,000 is about 34% below the median sold price in Hamilton over the last 90 days, $674,000, across 1,823 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 29 Gertrude St been sold before?
Summitly has no earlier MLS® sale or lease of 29 Gertrude St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 29 Gertrude St?
29 Gertrude St is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 29 Gertrude St been on the market?
126 days — 29 Gertrude St was listed on July 7, 2026.
What is the price per square foot of 29 Gertrude St?
About $297 to $405 per square foot: the asking price of $445,000 over the 1,100–1,500 sq ft the listing gives as its size range.
