Home with brick exterior material for 117 Fairleigh Ave, Hamilton Ontario L8M 2K4
44 days on Market

117 Fairleigh Ave, Hamilton, Ontario L8M 2K4

Detached
5 + 1
4
~2500-3000 sqft
$1,300,000
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Detached
5 + 1
4
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$477/sqft

Est. Mortgage$5,583/mo

Tax Amount (2024)$5,710/yr

Days On Market44 days


Description

Exceptional Live-In Investment Opportunity! Discover this legal triplex, complete with a bonus additional dwelling unit, located on a spacious double lot. With approximately 3,000 square feet of well maintained living space, this property is a true gem for buyers looking to make amazing passive income while living in the property. The layout features two 2-bedroom units and two 1-bedroom units, offering versatile rental options. The main-floor 2-bed unit is currently owner occupied and provides a wonderful live-in option or could be quickly rented with a projected rent of $2,200/m. The other 3 units are happily occupied by A++ tenants. The home is equipped with efficient boiler heat, ensuring convenience for both owners and tenants. Additionally, this property includes in-suite coin operated shared laundry, and a detached garage and a storage shed, providing further potential for income (approx. $50/m for laundry and projected $200/m for garage) or personal use. The ideal location, turn key building, and practical layout make this a standout investment opportunity. You'll be hard pressed to find a better layout, location, and overall quality. Pride of ownership is evident throughoutdont miss this rare offering. Call your Realtor to book your showing today!


Property Details

Style2 1/2 Storey
View-
Age of property100+
SqFt~2500-3000 SqFt
Lot Size6,658 SqFt(127.17 x 52.36)
Parking Spaces9
MLS ®NumberX10415886
Community NameSt. Clair
Data SourceTRREB
Listing byREAL BROKER ONTARIO LTD.

Features

Heating: Other
Cooling: Other
Basement: Part Bsmt, Part Fin

Main Floor

Br

4.14 x 277.00

Den

2.18 x 3.02

Dining

3.76 x 3.35

Living

4.11 x 3.99


Features

Lot size: 6,658 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 8

Total parking spaces 9


Property listed by REAL BROKER ONTARIO LTD., Brokerage

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Population and Demographics

Overview

Total population 1675
Average household income $103,577

Age (%)

20 to 34
26%
35 to 49
22%
50 to 64
19%
0 to 19
18%
65 and plus
15%

Household composition (%)

Single family
51%
Single person
41%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
87%
Others
4%
Spanish
2%
French
2%
Tagalog (Pilipino, Filipino)
1%
Arabic
1%

House tenancy (%)

Renters
57%
Owners
43%

Schools and amenities

Estimated Budget