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10 Fairleigh Avenue N, Hamilton, ON L8L 6H2

Hamilton, ON, L8L 6H2 · Gibson

5 Beds
3 Baths
Sq Ft
Detached Type
X13451952 MLS#

About this property

Exceptional opportunity to own a legal duplex with a separate basement apartment, offering strong income potential and immediate upside. This well-maintained multi-unit property features three self-contained residential units, with two units currently vacant, allowing the new owner to secure market rents immediately or occupy one unit while generating income from the others. Unit 1 (Main Floor): Bright and spacious 1-bedroom apartment. Unit 2 (Upper Level): Large 3-bedroom apartment featuring an expansive finished attic space, ideal for a home office, recreation room, additional living area, or storage. Unit 3 (Basement): Renovated 1-bedroom apartment, updated approximately one year ago. The property previously generated approximately $4,700/month in gross rental income, with rents of approximately $1,400/month (Unit 1), $2,100/month (Unit 2), and $1,250/month (Unit 3). Tenants pay their own utilities, helping minimize operating expenses, and the property benefits from two separate hydro meters. Ideal for investors seeking strong cash flow and long-term appreciation or owner-occupants looking for a mortgage helper, this property offers exceptional flexibility and income-generating potential. The vacant units provide an immediate opportunity to maximize returns based on current market conditions. Conveniently located just minutes from Hamilton General Hospital, the future LRT corridor along Highway 8/Main Street East, West Harbour GO Station, Downtown Hamilton, schools, parks, shopping, public transit, and major commuter routes. This central location provides excellent connectivity and access to Hamilton's growing employment, healthcare, and transportation hubs. A rare opportunity to acquire a versatile income-producing property with immediate leasing flexibility, strong rental demand, and outstanding long-term investment potential.

Features & Amenities

  • Basement: Apartment, Finished
  • Garage: None
  • Cooling: Central Air
  • 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 5
Bathrooms 3
Basement Apartment, Finished
Garage None
Heat Type Forced Air
Heat Source Gas
Cooling Central Air
Sewer Sewer
Annual Tax $3,526
Tax Year 2026

Interior Features

Interior Features
Carpet Free

Exterior Features

Pool Features
None

Building & Construction

Architectural Style
2 1/2 Storey
Construction Materials
Brick
Foundation Details
Poured Concrete
Roof
Asphalt Shingle
Basement
Apartment, Finished
Approximate Age
51-99

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air
Cooling
Yes
Heating
Yes

Parking & Garage

Garage Type
None
Parking Spaces
0
Parking Total
0.00
Parking Features
None
Covered Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
44.71
Lot Width
21.00
Lot Irregularities
21.04 X 42.58 X 29.06 X 44.80
Lot Features
Irregular Lot

Financial & Tax

Tax Annual Amount
$3,526
Tax Year
2026
Possession Type
Flexible
Possession Details
Flex

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
7
Rooms Below Grade
3
Rooms Total
10
Kitchens Above Grade
2
Kitchens Total
3
Bedrooms Above Grade
4
Bedrooms Below Grade
1

Additional Details

Occupant Type
Tenant
Direction Faces
North
County Or Parish
Hamilton
Cross Street
King St E & Sherman Ave S
Directions
King St E & Sherman Ave S
Special Designation
Unknown
Showing Requirements
Lockbox

Location

10 Fairleigh Avenue N, Hamilton, ON L8L 6H2, Hamilton, ON, L8L 6H2

Listing courtesy of ROYAL LEPAGE CERTIFIED REALTY
Out believe has request not how comfort evident. Up delight cousins we feeling minutes genius.

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