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    For Sale - 10 Fairleigh Avenue, Hamilton, Ontario

    Est payment $2,684/mo
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    Views   2
    Time on Jump  55 day

    AI Summary *

    • Legal duplex with a separate basement apartment for versatile living.
    • Three self-contained units ready for new tenants or personal use.
    • Previously generated strong rental income of approximately $4,700/month.
    • Vacant units provide immediate income potential in a strong rental market.
    • Convenient location near hospitals, transit, and downtown amenities.




    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. All units will be vacant as of september 1st !! Pick your own tenants! 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, vacant on september 1st), $2,100/month (unit 2, vacant), and $1,250/month (unit 3, vacant on aug 1st). 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.
    Listing IDX13451952
    Address10 Fairleigh Avenue
    CityHamilton, Ontario
    Price$559,000
    Bed / Bath5 / 3 Full
    Style2 1/2 Storey, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Carpet FreeFeatures Irregular LotOwnership FreeholdBasement Apartment, FinishedFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  ROYAL LEPAGE CERTIFIED REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    10 Fairleigh Avenue
    Hamilton , Ontario
    5 3 $559,000
    Get more info