ON > Hamilton
Hamilton, ON L8M 2K1,49 Fairleigh Avenue S
Hamilton, ON L8M 2K1,49 Fairleigh Avenue S
Hamilton, ON L8M 2K1,49 Fairleigh Avenue S
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Listed by Reem Daoud • RE/MAX Aboutowne Realty Corp.
$1,199,000
Est. payment /mo
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3 Baths
2,500 SqFt
Active

49 Fairleigh Avenue S Hamilton, ON L8M 2K1

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Joseph Halleran

Joseph Halleran

+1(519) 341-4992

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $479

MLS Listing ID 40695401

Style 3 Storey

Full Baths 3

Abv Grd Liv Area 2,500

Originating Board Hamilton - Burlington

Annual Tax Amount $5,253

Property Sub-Type Detached

Property Description

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 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 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.

Location

Province ON

County Hamilton

Area 20 - Hamilton Centre

Zoning RES

Direction Main St E

Rooms

Other Rooms None

Basement Separate Entrance, Full, Partially Finished

Kitchen 0

Interior

Interior Features Built-In Appliances, Separate Hydro Meters

Heating Forced Air

Cooling Central Air

Fireplace No

Laundry Common Area

Exterior

Exterior Feature Private Entrance, Separate Hydro Meters

Parking Features Detached Garage, Garage Door Opener, Asphalt

Garage Spaces 2.0

Roof Type Asphalt Shing

Porch Porch

Lot Frontage 43.0

Lot Depth 105.0

Garage Yes

Building

Lot Description Urban, City Lot, Hospital, Library, Place of Worship, Public Parking, Public Transit

Faces Main St E

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Architectural Style 3 Storey

Structure Type Brick Veneer,Shingle Siding

New Construction No

Others

Senior Community No

Tax ID 172020067

Ownership Freehold/None

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+1(519) 341-4992

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49 Fairleigh Avenue S