5 days on Market

18 Fairholt Rd, Hamilton, Ontario L8M 2T1

Other
-
-
- sqft
$598,888
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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,572/mo

Tax Amount (2024)$4,163/yr

Days On Market5 days


Description

Great Investment or First-Time Buyer Opportunity! This centrally located single family home operating as 2-units in Hamilton offers incredible potential. Main floor unit is tastefully kept offering a spacious living room, front bedroom + den, with room to allow you to customize to your needs. The home features bright, spacious windows that bring in plenty of natural light.A good-sized detached garage (manual door) with rear alleyway access with potential to add additional parking. Full size walk out basement provides ample storage or potential for additional rental income. Situated on a quiet, well-maintained street, this property is perfect for a first-time buyer looking to offset their mortgage with a rental unit or an investor stepping into the rental market.Enjoy the convenience of Ottawa Street shopping, restaurants, Tim Hortons Field, and easy access to bus routes and mountain access. The property is clean and vacant, ready for immediate occupancy or further improvements. Dont miss this opportunity! Some updates include; Furnace & AC 2024, most electrical has been updated - panel 2024, mostly newer windows mix 89-16-24, windows in basement 2024, no laundry machines but hook up available, 2nd floor unit completely renovated 2024, both units have 2 exits, hardwired security cameras.


Property Details

StyleApartment
View-
Age of property-
SqFt-
Lot Size2,929 SqFt(108.5 x 27)
Parking Spaces1
MLS ®NumberX11979193
Community NameStipeley
Data SourceTRREB
Listing byRE/MAX ESCARPMENT REALTY INC.

Features

Heating: Gas Forced Air Open
Cooling: Y
Basement: Y

Features

Lot size: 2,929 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property listed by RE/MAX ESCARPMENT REALTY INC., Brokerage

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Population and Demographics

Overview

Total population 6276
Average household income $91,677

Age (%)

20 to 34
26%
0 to 19
21%
35 to 49
21%
50 to 64
19%
65 and plus
12%

Household composition (%)

Single family
54%
Single person
37%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
87%
Spanish
2%
Italian
2%
Polish
2%
Portuguese
1%
French
1%
Vietnamese
1%
Arabic
1%
Others
1%

House tenancy (%)

Renters
51%
Owners
49%

Schools and amenities

Estimated Budget