
List Price: $1,199,000
49 Fairleigh Avenue, Hamilton, L8M 2K1
- By RE/MAX ABOUTOWNE REALTY CORP.
Detached|MLS - #X11957411|New
4 Bed
3 Bath
2000-2500 Sqft.
Detached Garage
Price comparison with similar homes in Hamilton
Compared to 136 similar homes
1.0% Higher↑
Market Avg. of (136 similar homes)
$1,187,293
Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison
Client Remarks
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.
Property Description
49 Fairleigh Avenue, Hamilton, L8M 2K1
Property type
Detached
Lot size
N/A acres
Style
2 1/2 Storey
Approx. Area
N/A Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Full,Unfinished
Building size
N/A
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--

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49 Fairleigh Avenue, Hamilton, L8M 2K1Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Residential ResaleProperty ManagementPre Construction
MORTGAGE INFO
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$0 Principal and Interest
$0 Property Taxes
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