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$1,199,000
Available - For Sale
Listing ID: X11957411
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.
Price $1,199,000
Taxes: $5,253.08
Address: 49 Fairleigh Ave South , Hamilton, L8M 2K1, Ontario
Lot Size: 43 x 105 (Feet)
Directions/Cross Streets: Main St E
Rooms: 5
Rooms +: 2
Bedrooms: 2
Bedrooms +: 2
Washrooms: 3
Kitchens: 1
Kitchens +: 1
Family Room: Y
Basement: Full
Unfinished
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  2 Bsmt
Washroom 3:  4 2nd
Property Type: Detached
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 5
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 2000-2500
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Other
Central Vac: N
Laundry Level: Lower
Sewers: Sewers
Water: Municipal
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RE/MAX ABOUTOWNE REALTY CORP.

49 Fairleigh Ave South , Hamilton, L8M 2K1, Ontario

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MD Ashraful Bari
Broker
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Gibson
Style: 2 1/2 Storey
Lot Size: 43.00 x 105.00(Feet)
Approximate Age: 51-99
Tax: $5,253.08
Maintenance Fee: $0
Beds: 2+2
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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