49 Fairleigh Avenue S Hamilton, Ontario L8M 2K1

3 Bathroom 2,500 ft2
3 Level Central Air Conditioning Forced Air

$1,199,000

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:56069)

Property Details

MLS® Number 40695401
Property Type Single Family
Neigbourhood Gibson
Amenities Near By Hospital, Place Of Worship, Public Transit
Features Paved Driveway
Parking Space Total 7
Structure Porch

Building

Bathroom Total 3
Appliances Garage Door Opener
Architectural Style 3 Level
Basement Development Partially Finished
Basement Type Full (partially Finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick Veneer, Shingles
Foundation Type Block
Heating Type Forced Air
Stories Total 3
Size Interior 2,500 Ft2
Type House
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Hospital, Place Of Worship, Public Transit
Sewer Municipal Sewage System
Size Depth 105 Ft
Size Frontage 43 Ft
Size Total Text Under 1/2 Acre
Zoning Description Res

Rooms

Level Type Dimensions
Second Level 4pc Bathroom Measurements not available
Third Level 3pc Bathroom Measurements not available
Basement Laundry Room Measurements not available
Main Level 3pc Bathroom Measurements not available

https://www.realtor.ca/real-estate/27879979/49-fairleigh-avenue-s-hamilton

Contact Us

Contact us for more information

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Reem Daoud
Salesperson

(647) 829-9435

RE/MAX Aboutowne Realty Corp.
1235 North Service Rd. W. #2
Oakville, Ontario L6M 2W2

(905) 842-7000

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