




52 Lake Avenue Drive, Hamilton, ON
L8G 3N3
Listed November 12, 2026
About this property
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.
Features
Property Details
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Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 52 Lake Avenue Drive — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$179,980 · Minimum $64,990
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2026 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$5,727/mo
About $68,724 a year
- $3,981
- $541
- Home insurance$125
- Utilities$330
- Maintenance & repairs$750
Cash needed to close
- Down payment (20%)
- $179,980
- Ontario land transfer tax
- $14,473
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $196,953
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
52 Lake Avenue Drive, Hamilton, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: November 12, 2026
Listing Office: YOUR HOME SOLD GUARANTEED REALTY ELITE
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