For Sale - 49 Fairleigh Avenue, Hamilton, Ontario

Est payment $4,797/mo
Views   1
Time on Jump  35 day
  • Recently renovated three-unit home with additional basement potential for income.
  • Current income from three units totals $64,800 annually.
  • Large lot with ample parking and an oversized two-car garage.
  • Perfect for investors looking to boost mortgage affordability.
  • Conveniently located near downtown, transit, and highways for easy access.



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.
Listing IDX13144184
Address49 Fairleigh Avenue
CityHamilton, Ontario
Price$999,000
Bed / Bath4 / 3 Full
Style2 1/2 Storey, Detached
ConstructionBrick
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Carpet Free, Separate Hydro Meter, Water Heater OwnedOwnership FreeholdBasement Full, UnfinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 7.00
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Listing Agency:  RE/MAX ABOUTOWNE REALTY CORP.

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49 Fairleigh Avenue
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