49 Fairleigh Avenue S, Hamilton, ON L8M 2K1
Hamilton, ON, L8M 2K1 · Gibson
About this property
Rare opportunity to own this newly renovated three unit home in Hamilton Centre with potential for a large fourth unit in the basement! Buyer to set their own rent at market value. The house comes equipped with 3 units. Unit 1 is a two-bedroom suite with the income of $2,200, Unit 2 is a newly renovated two-bedroom unit ($1,800), and unit 3 features a really cool bachelor loft space on the 3rd floor, with the income potential of$1,400. The Gross Annual income is $64,800.00. This is a Rare offering and huge opportunity to increase your annual income by finishing the basement which could bring an additional income of $1,500+ per month. The property features a large Double lot (43 x 105) ft lot, a massive driveway with 5+ parking spots and an oversized two-car garage with forecasted rent of ($400+). Perfect for a savvy investor or purchaser looking to supplement their mortgage payment. Huge income opportunity to be had, do not miss out on this rare offering. Seller in the works of obtaining permit to finish basement legally, and turning home into legal 4plex. Steps to downtown, Go Station and highways, the property is located in a desirable family-friendly neighbourhood.
Features & Amenities
- Basement: Full, Unfinished
- Garage: Detached
- Cooling: Other
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2 1/2 Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2 1/2 Storey |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Basement | Full, Unfinished |
| Garage | Detached |
| Parking Spaces | 5 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Other |
| Sewer | Sewer |
| Annual Tax | $5,929 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Carpet Free, Separate Hydro Meter, Water Heater Owned
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2 1/2 Storey
- Construction Materials
- Brick
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Full, Unfinished
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Other
- Cooling
- Yes
- Heating
- Yes
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 5
- Parking Total
- 7.00
- Parking Features
- Private
- Covered Spaces
- 2
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 105.00
- Lot Width
- 43.00
Financial & Tax
- Tax Annual Amount
- $5,929
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 5
- Rooms Below Grade
- 2
- Rooms Total
- 7
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 2
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Hamilton
- Cross Street
- Main St E
- Directions
- Queen to Fairleigh South
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
49 Fairleigh Avenue S, Hamilton, ON L8M 2K1, Hamilton, ON, L8M 2K1