Home with brick exterior material, street for 95-97 Fairholt Rd, Hamilton Ontario L8M 2T6
28 days on Market

95-97 Fairholt Rd, Hamilton, Ontario L8M 2T6

Detached
7
6
~3500-5000 sqft
$•••,•••
$999,000
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Detached
7
6
~3500-5000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$242/sqft

Est. Mortgage$4,290/mo

Tax Amount (2024)$7,547/yr

Days On Market28 days


Description

An exceptional shovel-ready opportunity for developers or renovators seeking a character-rich multi-residential project. The property has already been rezoned to allow for a 6-unit multi-family dwelling. Situated on a generous 67 x 110 ft double lot and offering over 4,100 sq ft of interior living space, the property combines timeless architectural charm with significant development upside. All architectural, electrical, and mechanical plans are complete and included, allowing for immediate progress upon closing. Plans call for 4x1 bedroom and 2x2 bedroom apartments with separate utilities and 4 parking at rear. Located in a community-rich neighbourhood, 95 Fairholt Rd South presents a rare chance to revitalize a landmark property while capitalizing on long-term growth and rental potential. The groundwork has been laid, bring your vision and unlock the full potential of this one-of-a-kind property.


Property Details

Style2 1/2 Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size7,370 Ac(110 x 67)
Parking Spaces6
MLS ®NumberX12062232
Community NameStipeley
Data SourceTRREB
Listing bySAGE REAL ESTATE LIMITED

Features

Heating: Water
Fireplace
Basement: Walk-Up, Unfinished

Main Floor

Br

3.6 x 5.1

Vinyl Floor / Large Window

Kitchen

3.3 x 3.9

Tile Floor

Br

3.3 x 2.7

Closet

Family

5.5 x 5.1

hardwood floor / Bay Window


Features

Lot size: 7,370 Ac

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by SAGE REAL ESTATE LIMITED, Brokerage

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Market Data - Stipeley

Geo Zone Map ThumbnailStipeley

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

25 days

Compared to

2024

37 days

2023

18 days

2022

12 days

New Listings

Past 30 days

21 listings

Compared to

2024

12 listings

2023

12 listings

2022

19 listings

Units sold

Past 30 days

4 units

Compared to

2024

6 units

2023

10 units

2022

10 units

Median Sold Price

Past 30 days

$490,450

Compared to

2024

$572,500

2023

$585,000

2022

$633,500


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