49 Fairleigh Avenue S, Hamilton, ON L8M 2K1
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49 Fairleigh Avenue S, Hamilton, ON L8M 2K1
49 Fairleigh Avenue S, Hamilton, ON L8M 2K1
49 Fairleigh Avenue S, Hamilton, ON L8M 2K1
49 Fairleigh Avenue S, Hamilton, ON L8M 2K1
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Alex Stepanoski

Alex Stepanoski

+1(647) 696-2077
Listed by Paul Butler • RE/MAX Aboutowne Realty Corp.
$ 999,000
Est. payment /mo
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Active

49 Fairleigh Avenue S Hamilton, ON L8M 2K1

4 Beds

3 Baths

2,385 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,385 sqft

Price per Sqft $418

MLS Listing ID 40824582

Bedrooms 4

Abv Grd Liv Area 2,385

Annual Tax Amount $5,928

Property Sub-Type Multi-3 Unit

Source Cornerstone

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 two-bedroom suite with the income of $2,200, Unit 2 is a newly renovated two-bedroom unit ($1,800), and unit 3 features a really cool bachelor loft space on the 3rd floor, with the income potential of $1,400. The Gross Annual income is $64,800.00. 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.

Location

Province ON

County Hamilton

Area 20 - Hamilton Centre

Zoning D

Direction Turn left off of Main St E

Rooms

Basement Separate Entrance, Full, Unfinished

Kitchen 0

Interior

Interior Features Other

Heating Forced Air, Natural Gas

Cooling Other

Fireplace No

Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Parking Features Detached Garage, Asphalt

Garage Spaces 2.0

Roof Type Asphalt Shing

Lot Frontage 43.0

Lot Depth 105.0

Garage Yes

Building

Lot Description Rectangular, Near Golf Course, Hospital, Library, Park, Place of Worship, Public Transit, Rec./Community Centre, Schools

Faces Turn left off of Main St E

Story 3

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Schools

Elementary Schools Cathy Weaver Elementary School, St. Patricks Elementary School

High Schools Cathedral High School, Bernie Custis Secondary School

Others

Senior Community No

Tax ID 172020067

Ownership Freehold/None

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Alex Stepanoski

Alex Stepanoski

Real Estate Agent

+1(647) 696-2077

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49 Fairleigh Avenue S