49 Fairleigh Avenue S, Hamilton

  • Bedrooms: 4
  • Bathrooms: 3
  • Living area: 2385 square feet
  • Type: Residential
  • Added: 24 days ago
  • Updated: 13 days ago
  • Last Checked: 4 hours ago
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:1945)
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Property DetailsKey information about 49 Fairleigh Avenue S

  • Heating: Forced air, Natural gas
  • Stories: 2.5
  • Structure Type: House
  • Exterior Features: Brick
  • Foundation Details: Concrete

Interior FeaturesDiscover the interior design and amenities

  • Basement: Unfinished, Full
  • Appliances: Water Heater
  • Bedrooms Total: 4
  • Bathrooms Partial: 1

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 49 Fairleigh Avenue S

  • Lot Features: Carpet Free
  • Water Source: Municipal water
  • Parking Total: 7
  • Parking Features: Detached Garage
  • Building Features: Separate Electricity Meters
  • Lot Size Dimensions: 43 x 105 FT

Location & CommunityUnderstand the neighborhood and community

  • Directions: Main St E
  • Common Interest: Freehold
  • Street Dir Suffix: South

Utilities & SystemsReview utilities and system installations

  • Sewer: Sanitary sewer

Tax & Legal InformationGet tax and legal details applicable to 49 Fairleigh Avenue S

  • Tax Annual Amount: 4930
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Nearby Listings Stat

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Days until Sold
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Additional Information about 49 Fairleigh Avenue S

This House at 49 Fairleigh Avenue S Hamilton, ON with MLS Number x9513280 which includes 4 beds, 3 baths and approximately 2385 sq.ft. of living area listed on Hamilton market by REEM DAOUD - RE/MAX ABOUTOWNE REALTY CORP. at $999,999 24 days ago.

We have found 6 Houses that closely match the specifications of the property located at 49 Fairleigh Avenue S with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 899,900 and 1,369,000.

The current price of the property is $999,999, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 19% down payment, the total amount borrowed would be $809,999. This would result in a monthly mortgage payment of $4,676 over a 25-year amortization period.

More Details?
  • REEM DAOUD
  • RE/MAX ABOUTOWNE REALTY CORP.
  • 905-842-7000