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Listed price in listed location currency (CAD).
$999,000

437

MLS® 40824582

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 2385 sqft
Garage Yes
Taxes $5,929
Days Active 16
Lot Size 
Approx. Age 
Avg. Price Per Sqft $418
MLS® Number 40824582

Property Address: 49 Fairleigh Ave S, Hamilton, ON, L8M2K1

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to own this newly renovated three unit home in Hamilton Centre 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 two-bedroom suite with the income of $2, 200, Unit 2 is a newly renovated two-bedroom unit ($1, 800), and unit 3 features a really cool bachelor loft space on the 3rd floor, with the income potential of $1, 400. The Gross Annual income is $64, 800.00. This is a Rare offering and huge opportunity to increase your annual income by finishing the basement 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+). Perfect for a savvy investor or purchaser looking to supplement their mortgage payment. Huge income opportunity to be had, do not miss out on this rare offering. Seller in the works of obtaining permit to finish basement legally, and turning home into legal 4plex. Steps to downtown, Go Station and highways, the property is located in a desirable family-friendly neighbourhood.
MLS® Number40824582
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementSeparate Entrance, Full, Unfinished
DrivewayDetached Garage, Asphalt
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $999,000

For Sale · 16 days

$999,000

MLS® 40824582

17 days ago

Not Sold Yet

May 2026, For Sale for $999,000

For Sale · 16 days

$999,000

MLS® 40824582

17 days ago

Not Sold Yet

June 2025, Expired for $1,199,000

Expired · 144 days

$1,199,000

MLS® X11957411

A year ago

Canceled on Jun 30, 2025

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Home Estimate Zoopraisal®

This property is estimated to sell between: $597,000 and $1,200,000.
Similar properties in this area sold on average for: $597,791
Expected to sell in 21 days. Similar properties sold in 37 days. This home has been on Zoocasa for 16 days.

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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