49 Fairleigh Ave S, Hamilton

$999,999

2 + 2 Bed, 3 Bath, 2,000 ft2, 2 1/2 Storey home is located near Main St E in Gibson.

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.

49 Fairleigh Ave S, Hamilton is a 2 + 2 bedroom, 3 bathroom residential 2 1/2 Storey detached home. 49 Fairleigh Ave S, Hamilton is conveniently located in the Gibson neighbourhood of Hamilton Ontario. 49 Fairleigh Ave S, Hamilton is an MLS®-Listed home with an asking price of $999,999. This residential property has been listed on ctfrealty.com for 1 days. The home is 51-99 years old. Based on the Listing Price of 49 Fairleigh Ave S, Hamilton, the estimated monthly mortgage payment would be $4,832. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 49 Fairleigh Ave S, Hamilton are approximately $4,930/year based on 2023 assessment.

This 2 1/2 Storey detached home located at 49 Fairleigh Ave S, Hamilton features a Brick exterior. The lot size of this East facing property is 43 x 105 feet. The property has 5 parking spaces with 2 car Detached garage. The home has Gas fueled Forced Air heating and has other type of air conditioning for cooling.

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Property

  • Mortgage (est): $4,832
  • Taxes: $4,930/year
  • Square Feet: 2000-2500
  • Lot Size: 43 x 105
  • Age: Ask us

Building

  • Fronting: East
  • Exterior: Brick
  • Basement: Full, Unfinished
  • Parking: 5 Space
  • Garage: Detached

Utilities

  • Heat: Forced Air
  • Hydro: Ask us
  • Gas: Ask us
  • Sewers: Sewers
  • Water: Municipal

Extras

  • Air Condition: Ask us

Room Size Level Features

 
 
 
 

Mortgage Amount:

Down Payment Amount:

Monthly Mortgage Payment:

This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%.