Hamilton, ON L8M 2K1,49 Fairleigh AVE S
Hamilton, ON L8M 2K1,49 Fairleigh AVE S
Hamilton, ON L8M 2K1,49 Fairleigh AVE S
Hamilton, ON L8M 2K1,49 Fairleigh AVE S
Hamilton, ON L8M 2K1,49 Fairleigh AVE S
Hamilton, ON L8M 2K1,49 Fairleigh AVE S
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$ 999,999
Est. payment | /mo

2 Beds

3 Baths


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$ 999,999
Est. payment | /mo
Save

2 Beds

3 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

MLS Listing ID X9513280

Style 2 1/2 Storey

Bedrooms 2

Annual Tax Amount $4,930

Tax Year 2023

Property Description

Rare opportunity to own this FULLY VACANT, newly renovated three unit home in Hamilton 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 vacant two-bedroom suite with the income potential of $2,400+ (Also great for Airbnb), Unit 2 is a newly renovated vacant two-bedroom unit ($2,300), and unit 3 features a really cool bachelor loft space on the 3rd floor, with the income potential of $1,550+. The Gross Annual income is $78,600.00. This is a Rare offering and huge opportunity to increase your annual income by finishing the basmt 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+). Huge income opportunity to be had. Seller has spent $20k in permits to finish bsmt legally, and turning home into legal 4plex.

Location

Province ON

County Hamilton

Area Gibson

Rooms

Family Room Yes

Basement Full, Unfinished

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Carpet Free, Separate Hydro Meter, Water Heater Owned

Heating Yes

Cooling Other

Fireplace No

Heat Source Gas

Exterior

Garage Private

Garage Spaces 5.0

Pool None

Waterfront No

Roof Type Asphalt Shingle

Parking Type Detached

Total Parking Spaces 7

Building

Foundation Concrete

Listed by RE/MAX ABOUTOWNE REALTY CORP.
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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49 Fairleigh AVE S