117 Fairleigh Avenue S, Hamilton
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Bedrooms: 6
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Bathrooms: 4
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Living area: 2299.03 square feet
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Type: Residential
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Added: 5 days ago
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Updated: 5 days ago
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Last Checked: 8 hours ago
Exceptional Live-In Investment Opportunity! Discover this legal triplex, complete with a bonus additional dwelling unit, located on a spacious double lot. With approximately 3,000 square feet of well maintained living space, this property is a true gem for buyers looking to make amazing passive income while living in the property. The layout features two 2-bedroom units and two 1-bedroom units, offering versatile rental options. The main-floor 2-bed unit is currently owner occupied and provides a wonderful live-in option or could be quickly rented with a projected rent of $2,200/m. The other 3 units are happily occupied by A++ tenants. The home is equipped with efficient boiler heat, ensuring convenience for both owners and tenants. Additionally, this property includes in-suite coin operated shared laundry, and a detached garage and a storage shed, providing further potential for income (approx. $50/m for laundry and projected $200/m for garage) or personal use. The ideal location, turn key building, and practical layout make this a standout investment opportunity. You'll be hard pressed to find a better layout, location, and overall quality. Pride of ownership is evident throughoutdont miss this rare offering. Call your Realtor to book your showing today! (id:1945)
Show More Details and Features
Property DetailsKey information about 117 Fairleigh Avenue S
- Heating: Other
- Stories: 2.5
- Structure Type: House
- Exterior Features: Brick
- Foundation Details: Block
- Type: Triplex
- Additional Dwelling Units: 1
- Total Living Space: approximately 3,000 square feet
- Lot Size: double lot
- Layout: 2-Bedroom Units: 2, 1-Bedroom Units: 2
Interior FeaturesDiscover the interior design and amenities
- Basement: Partially finished, Partial
- Bedrooms Total: 6
- Owner Occupied Unit: Main-floor 2-bedroom unit
- Current Rent: $2,200/month (projected if rented)
- Tenant Quality: A++ tenants in other units
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 117 Fairleigh Avenue S
- Water Source: Municipal water
- Parking Total: 9
- Parking Features: Detached Garage
- Building Features: Separate Electricity Meters
- Lot Size Dimensions: 52.4 x 127.2 FT
- Detached Garage: true
- Storage Shed: true
Location & CommunityUnderstand the neighborhood and community
- Directions: Main St E to Fairleigh Ave S
- Common Interest: Freehold
- Street Dir Suffix: South
- Description: Ideal location
- Turnkey Building: true
Business & Leasing InformationCheck business and leasing options available at 117 Fairleigh Avenue S
- Rental Income Potential: Laundry: $50/month, Garage: $200/month
Utilities & SystemsReview utilities and system installations
- Sewer: Sanitary sewer
- Heating: Efficient boiler heat
- Laundry: In-suite coin operated shared laundry
Tax & Legal InformationGet tax and legal details applicable to 117 Fairleigh Avenue S
- Tax Annual Amount: 5709.87
- Zoning Description: R1A
- Legal Triplex: true
Additional FeaturesExplore extra features and benefits
- Pride Of Ownership: Evident throughout
- Viewing: Call your Realtor to book your showing
Room Dimensions
| Type |
Level |
Dimensions |
| Bedroom |
Main level |
4.14 x 277 |
| Bedroom |
Second level |
3.56 x 3.94 |
| Bedroom |
Third level |
5.23 x 3.38 |
| Den |
Main level |
2.18 x 3.02 |
| Dining room |
Main level |
3.76 x 3.35 |
| Kitchen |
Other |
2.46 x 3.02 |
| Living room |
Main level |
4.11 x 3.99 |
| Bedroom |
Main level |
4.14 x 2.82 |
| Bedroom |
Second level |
3.81 x 3.23 |
| Dining room |
Second level |
2.95 x 3.61 |
| Kitchen |
Second level |
2.03 x 2.34 |
| Living room |
Second level |
4.11 x 4.72 |
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Nearby Listings Stat
Max Sold Price
$2,595,000
Avg Sold Price
$1,092,770
Nearby Places
Name
Type
Address
Distance
Cathedral High School
School
30 Wentworth St N
0.7 km
Juravinski Cancer Centre
Hospital
699 Concession St
0.9 km
Tim Hortons Field
Stadium
75 Balsam Ave N
1.2 km
Parkview Secondary School
School
60 Balsam Ave N
1.3 km
Hamilton General Hospital
Hospital
237 Barton St E
1.8 km
Hamilton
Locality
Hamilton
1.8 km
Beasley Park
Park
Hamilton
1.9 km
Slainte Irish Pub
Bar
33 Bowen St
2.0 km
Hamilton Conservatory For The Arts
School
126 James St S
2.3 km
Jackson Square
Shopping mall
2 King St W
2.4 km
Canadian Football Hall of Fame & Museum
Museum
58 Jackson St W
2.4 km
Hamilton City Hall
City hall
71 Main St W
2.5 km
Additional Information about 117 Fairleigh Avenue S
This House at 117 Fairleigh Avenue S Hamilton, ON with MLS Number x10415886 which includes 6 beds, 4 baths and approximately 2299.03 sq.ft. of living area listed on Hamilton market by SCOTT BENSON - REAL BROKER ONTARIO LTD. at $1,300,000 5 days ago.
We have found 6 Houses that closely match the specifications of the property located at 117 Fairleigh Avenue S with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 949,000 and 1,498,000.
The current price of the property is $1,300,000, 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 20% down payment, the total amount borrowed would be $1,040,000. This would result in a monthly mortgage payment of $6,079 over a 25-year amortization period.
