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49 Fairleigh Ave S

Fairleigh Ave SGibsonHamiltonON, L8M 2K1

4
Beds
3
Baths
1,999 - 2,499
Sq. Ft.
$999,999
List Price
49 Fairleigh Ave S, Hamilton, ON - 1 of 3
49 Fairleigh Ave S, Hamilton, ON - 2 of 3
49 Fairleigh Ave S, Hamilton, ON - 3 of 3
New
8 days on market

Quick Summary

  • Fully vacant, newly renovated three-unit home
  • Potential for a large fourth unit in basement
  • Vacant two-bedroom suite with $2,400+ income
  • Newly renovated vacant two-bedroom unit with $2,300 income
  • Cool bachelor loft space with $1,550+ income
  • Massive double lot with 43 x 105 ft dimensions
  • Oversized two-car garage with $400+ rent
  • $20k in permits to finish basement legally

Rare opportunity to own this FULLY VACANT, newly renovated three unit home in Hamilton 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... Show More

Rare opportunity to own this FULLY VACANT, newly renovated three unit home in Hamilton 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 basmt 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+). Huge income opportunity to be had. Seller has spent $20k in permits to finish bsmt legally, and turning home into legal 4plex. (id:54626)

Property Details

Size

1,999 - 2,499 sq. ft.
across 2 floors
4 Beds
2 Above Grade - 2 Below Grade
3 Baths
2 Full - 1 Partial

Parking

7 Parking Spaces
Detached Garage

Lot

Size
516′0″ * 1260′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Unfinished
Exterior
Brick
Foundation
Concrete
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
-

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X9513280
Last Updated
October 28, 2024
Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
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