Income-Generating All-Brick Backsplit on Deep Lot 216 Margaret Ave, Stoney Creek.Welcome to 216 Margaret Avenue a spacious and solidly built backsplit offering 1980 sq ft of fully finished living space plus basement in a quiet, family-friendly neighbourhood of Stoney Creek. Whether youre an investor, multi-generational family, or first-time buyer, this home offers exceptional versatility and income potential. The main (upper) level features 3 spacious bedrooms, 1 full bathroom, a bright living area, full kitchen/dining, and separate laundry. Currently rented at $2,400/month, this unit provides steady income. The tenant is flexible and may stay or vacate, depending on the buyers preference. The lower level features a self-contained walk-out basement with its own full kitchen, bathroom, laundry, and private entrance Set on a 205-foot deep lot. Previously rented at $2,000/month, its ideal as a mortgage helper, in-law suite. (40849729)
Red Oak Ave & Margaret Ave
Property Type
Single Family
Age Of Building
31 to 50 years
Annual Property Taxes
$5,041 (CAD)
Parking Type
Attached Garage, Garage
Time on REALTOR.ca
26 days
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