Renovated legal triplex on a deep lot in the heart of old stoney creek. Three self-contained units, major updates done, and a location that's hard to beat. If you're looking for a property that works as hard as you do, this legal triplex delivers the rare combination of income, flexibility and lifestyle in one of Stoney Creek's most walkable neighbourhoods. The big standout is the work that's already been done. A metal roof, most windows replaced, new flooring, fresh paint and updated landscaping mean the major capital expenses are already taken care of, giving you peace of mind instead of a renovation list. Each unit has its own kitchen and four-piece bath, with separate hydro meters. The front unit has three bedrooms plus a basement, while the middle and back units each have two bedrooms. With two units vacant, you have the flexibility to set fresh market rents for those units or move family in. Imagine living in one unit while the other two help pay the mortgage. Parking is plentiful, with room for every unit, and the exceptionally deep lot gives you outdoor space that's rare this close to everything. Step outside and you're minutes from the King Street shops, cafés and restaurants of Old Stoney Creek, Battlefield Park, schools and everyday amenities. Lake Ontario, Confederation Beach Park and the waterfront trail are a short drive away, with quick access to the QEW and Confederation GO for easy commuting. Whether you're a first-time buyer looking to house hack, a family wanting multi-generational living, or an investor building a long-term hold, this is a rare opportunity where income, location and lifestyle come together.
7 bedrooms, 3 bathrooms, about 3,000 sq ft, works out to roughly $300 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
Inside 52 Lake Avenue Dr
Every detail from the listing, in one place.
Type
Triplex
Style
2-Storey
Living space
3000-3500 sq ftas stated on the listing
Parking
10 spaces
Basement
Unfinished
Features & systems
Parking & garage
Parking spaces
10
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Triplex
52 Lake Avenue Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14174900$899,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 52 Lake Avenue Dr 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
$4,421
/mo
based on the purchase price of $899,900
$179,980 cash
$719,920 financed
$606,362 total interest
Principal54%$719,920
Interest46%$606,362
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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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 6–7 bed homes for sale in Hamilton around $900K.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings2,578Homes for sale here right now.
Median vs prior 90 days−3.0%Compared with May 16 – Aug 14, 2026: prices down.
Based on 1,819 sales from Aug 14 – Nov 12, 2026 (1,563 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 52 Lake Avenue Dr
How much is 52 Lake Avenue Dr listed for?
52 Lake Avenue Dr is listed at $899,900 (MLS® X14174900). Summitly updates the price as soon as the MLS® record changes.
Is $899,900 a good price for 52 Lake Avenue Dr?
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 52 Lake Avenue Dr changed?
No — 52 Lake Avenue Dr is still listed at its original asking price of $899,900.
How many bedrooms and bathrooms does 52 Lake Avenue Dr have?
52 Lake Avenue Dr has 7 bedrooms and 3 bathrooms, with about 3,000–3,500 square feet of living space. It is a triplex in Hamilton.
How much would the monthly mortgage be on 52 Lake Avenue Dr?
About $4,421 a month — principal and interest on $899,900 with 20% down ($179,980), 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.
Are there open houses at 52 Lake Avenue Dr?
Yes — Sunday, November 15, 2:00 PM – 3:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 52 Lake Avenue Dr compare with other homes in Hamilton?
Its asking price of $899,900 is about 34% above the median sold price in Hamilton over the last 90 days, $672,000, across 1,819 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 52 Lake Avenue Dr been sold before?
Summitly has no earlier MLS® sale or lease of 52 Lake Avenue Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 52 Lake Avenue Dr?
52 Lake Avenue Dr is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 52 Lake Avenue Dr been on the market?
52 Lake Avenue Dr was listed today (November 12, 2026).
What is the price per square foot of 52 Lake Avenue Dr?
About $257 to $300 per square foot: the asking price of $899,900 over the 3,000–3,500 sq ft the listing gives as its size range.
