agent pic
49 Fairleigh Avenue Image 1

$1,199,000

Feb 5Detached For Sale
bedrooms4bed
washrooms5bath
MLS - #X11957411

49 Fairleigh Avenue, Hamilton, ON L8M 2K1

144
Similar Homes Found
$1,230,494
Average Price
-2.6%
Lower than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Detached

Lot size

N/A

Style

2 1/2 Storey

Approx. Area

N/A

About 49 Fairleigh Avenue

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.

Home Overview

Last updated

Feb 5

Virtual tour

None

Basement information

Full, Unfinished

Building size

--

Status

In-Active

Property sub type

Detached

Maintenance fee

$N/A

Year built

--

Listed by RE/MAX ABOUTOWNE REALTY CORP.

Additional Details

Basement:Full, Unfinished
Cooling:Other
Heating:Forced Air
Parking Features:Private

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 49 Fairleigh Avenue

Some information about this property - Fairleigh Avenue

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