ON > Hamilton > Gibson
Hamilton, ON L8M 2K1,49 Fairleigh AVE S
Hamilton, ON L8M 2K1,49 Fairleigh AVE S
Hamilton, ON L8M 2K1,49 Fairleigh AVE S
Hamilton, ON L8M 2K1,49 Fairleigh AVE S
Hamilton, ON L8M 2K1,49 Fairleigh AVE S
Hamilton, ON L8M 2K1,49 Fairleigh AVE S
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Fawad Nissari

Fawad Nissari

+1(416) 878-1085
$ 1,199,000
Est. payment | /mo

2 Beds

3 Baths

Save
$ 1,199,000
Est. payment | /mo
Save

2 Beds

3 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Gibson

MLS Listing ID X11957411

Style 2 1/2 Storey

Bedrooms 2

Annual Tax Amount $5,253

Tax Year 2024

Property Sub-Type Detached

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 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.

Location

Province ON

County Hamilton

Community Gibson

Area Hamilton

Rooms

Family Room Yes

Basement Full, Unfinished

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Carpet Free, Separate Hydro Meter, Water Heater Owned

Heating Yes

Cooling Other

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 43.0

Lot Depth 105.0

Total Parking Spaces 7

Building

Foundation Concrete

Listed by RE/MAX ABOUTOWNE REALTY CORP.
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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