Last Sold Price
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Overview
Key Facts
Type Single Family Residence
Levels Residential
Size -
Garage Yes
Taxes $3,526
Days Active 4
Lot Size
Approx. Age
MLS® Number X13737250
Property Address: 10 Fairleigh Ave N, Hamilton, ON, L8L6H2
Average square foot calculated using Size range provided by listing agent.
Description
Exceptional opportunity to own a legal duplex with a separate basement apartment, offering strong income potential and immediate upside. This well-maintained multi-unit property features three self-contained residential units, with two units currently vacant, allowing the new owner to secure market rents immediately or occupy one unit while generating income from the others. ALL UNITS will be VACANT as of end of September !! Pick your own tenants! Unit 1 (Main Floor): Bright and spacious 1-bedroom apartment. Unit 2 (Upper Level): Large 3-bedroom apartment featuring an expansive finished attic space, ideal for a home office, recreation room, additional living area, or storage. Unit 3 (Basement): Renovated 1-bedroom apartment, updated approximately one year ago. The property previously generated approximately $4, 700/month in gross rental income, with rents of approximately $1, 400/month (Unit 1, Vacant on September 1st), $2, 100/month (Unit 2, Vacant), and $1, 250/month (Unit 3, Vacant end of September). Tenants pay their own utilities, helping minimize operating expenses, and the property benefits from two separate hydro meters. Ideal for investors seeking strong cash flow and long-term appreciation or owner-occupants looking for a mortgage helper, this property offers exceptional flexibility and income-generating potential. The vacant units provide an immediate opportunity to maximize returns based on current market conditions. Conveniently located just minutes from Hamilton General Hospital, the future LRT corridor along Highway 8/Main Street East, West Harbour GO Station, Downtown Hamilton, schools, parks, shopping, public transit, and major commuter routes. This central location provides excellent connectivity and access to Hamilton's growing employment, healthcare, and transportation hubs. A rare opportunity to acquire a versatile income-producing property with immediate leasing flexibility, strong rental demand, and outstanding long-term investment potential. (id:58753)Show Description
MLS® NumberX13737250
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFinished, Apartment in basement, N/A
DrivewayNo Garage
Garage Spaces
HeatForced air, Natural gas
A/CCentral air conditioning
Extras
Price History
Appreciation
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Avg. Days Listed
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Today, For Sale for $559,000
For Sale · 3 days
$559,000
MLS® X13737250
4 days ago
Not Sold Yet
September 2026, For Sale for $559,000
For Sale · 3 days
$559,000
MLS® X13737250
4 days ago
Not Sold Yet
Sep 1, 2026, Canceled for $559,000
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Home Estimate Zoopraisal®
The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.
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