Hamilton, ON L8M2K1,49 FAIRLEIGH Avenue S
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Hamilton, ON L8M2K1,49 FAIRLEIGH Avenue S
Hamilton, ON L8M2K1,49 FAIRLEIGH Avenue S
Hamilton, ON L8M2K1,49 FAIRLEIGH Avenue S
Hamilton, ON L8M2K1,49 FAIRLEIGH Avenue S
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$ 1,199,000
Est. payment /mo
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49 FAIRLEIGH Avenue S Hamilton, ON L8M2K1

3 Baths

2,500 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $479

Subdivision 200 - Gibson/Stipley

MLS® Listing ID 40695401

Style 3 Level

Property Sub-Type Freehold

Source Cornerstone - Hamilton-Burlington

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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Extra Room 1 Second level Measurements not available 4pc Bathroom

Extra Room 2 Third level Measurements not available 3pc Bathroom

Extra Room 3 Basement Measurements not available Laundry room

Extra Room 4 Main level Measurements not available 3pc Bathroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 7

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Architectural Style 3 Level

Others

Ownership Freehold


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Listed by RE/MAX Aboutowne Realty Corp.
agent

Jordan Rossman

+1(705) 345-0797

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49 FAIRLEIGH Avenue S