49 Fairleigh Avenue South, Hamilton | Image 1

49 Fairleigh Avenue South

Hamilton, Gibson

  • 2 bed 3 bath 2000 sqft
$1,199,000 est.*: $4,062/mo
For Sale

Added 5 days ago

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  • Type: Detached

  • Style: 2 1/2 Storey

  • Size: 2000 sqft

  • Lot Size: 43 x 105 Feet

  • Age: 51-99 years

  • Taxes: $5,253 per year

  • Added: Feb 05, 2025 (5 days ago)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X11957411

  • Listed By: Re/max aboutowne realty corp.

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.

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Property

  • Status: Sale

  • Property Type: Detached

  • Style: 2 1/2 Storey

  • Size (sq ft): 2000

  • Age: 51-99

  • Area: Hamilton

  • Community: Gibson

  • Availability Date: immediate

Inside

  • Bedrooms: 2

  • Bedrooms Plus: 2

  • Bathrooms: 3

  • Kitchens: 1

  • Kitchens Plus: 1

  • Rooms: 5

  • Den/Family Room: Yes

  • Air Conditioning: Other

  • Fireplace: No

  • Laundry Level: Lower

  • Central Vacuum: N

  • Washrooms: 3

Building

  • Basement: Full

  • Basement 2: Unfinished

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Green Verification Status: N

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Spaces: 2

  • Garage Type: Detached

  • Covered Parking Spaces: 5

  • Total Parking Spaces: 7

Fees

  • Tax Year: 2024

  • Tax Legal Description: Pt Lt 34, Pl 399 ; Pt Residence Reserve, Pl 399 ,

  • Taxes: $5,253

Land

  • Cross Street: Main St E

  • Municipality District: Hamilton

  • Fronting On: East

  • Parcel Number: 172020067

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 105 Feet

  • Lot Frontage: 43 Feet

  • Zoning: RES

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Walker's Paradise

  • Daily errands do not require a car.
92 /100

Good Transit

  • Some errands can be accomplished by public transportation.
60 /100

Very Bikeable

  • Most errands can be accomplished on bike.
73 /100
JK-8

Sacred Heart of Jesus Catholic Elementary School

Elementary: Catholic
1.09 km
JK-8

ÉÉC Notre-Dame

Elementary: Catholic
1.04 km
JK-8

St. Brigid Catholic Elementary School

Elementary: Catholic
0.99 km
JK-8

St. Ann (Hamilton) Catholic Elementary School

Elementary: Catholic
0.85 km
JK-8

Adelaide Hoodless Public School

Elementary: Public
0.66 km
JK-8

Cathy Wever Elementary Public School

Elementary: Public
0.86 km
9-12

King William Alter Ed Secondary School

Secondary: Public
1.54 km
9-12

Turning Point School

Secondary: Public
2.26 km
9-12

Vincent Massey/James Street

Secondary: Public
2.74 km
9-12

Delta Secondary School

Secondary: Public
2.55 km
Pre-Grade 9-12

Sherwood Secondary School

Secondary: Public
2.94 km
9-12

Cathedral High School

Secondary: Catholic
0.95 km
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