49 Fairleigh Ave, Hamilton, Ontario L8M 2K1
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.$856,000*
Price/Sqft$561/sqft
Days On Market71 days
Est. Mortgage$5,750/mth
Tax Amount (2021)$4,786/yr
Description
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 in the works of obtaining permit to finish bsmt legally, and turning home into legal 4plex.
Property Details
Interior
Features
Exterior
Features
Parking
Garage spaces 2
Garage type -
Other parking spaces 5
Total parking spaces 7
Property History
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-X8350034_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/itso/IMG-40560960_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-X7288302_1-256.webp)
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