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$ 999,999
49 Fairleigh Avenue South
Supermarket

49 Fairleigh Avenue South

Detached
Hamilton, Ontario L8M 2K1
2+2 3 1+1 2+5(7) 2000-2500 sqft
2+2 3 1+1 2+5(7)
2000-2500 sqft
$ 999,999
Sale
Taxes $4,930 2023
Maintenance None
Estimated Monthly Mortgage $2595
Estimated Closing Costs $--
Supermarket

History

MLS®# X9513280

Other Records

2022.03.03 - 2022.03.10 Sold $1,350,000

Details

Interior Rooms
MLS®#
copy
Type
Detached
Style
2 1/2 Storey
Age
51-99
Size (sqft)
2000-2500
Lot Size
43.00 × 105.00 Feet
Parking
7 Total Parking Spaces
2 Detached Garage
5 Parking Spaces
Last Update
2024-10-28
Possession Date
Immediate
Listing Date
2024-10-28
Basement
Full, Unfinished
Fireplace
N
Heating
Gas
Pool
None
Air Conditioning
Other
Broker
RE/MAX ABOUTOWNE REALTY CORP.

About

Rare opportunity to own this FULLY VACANT, newly renovated three unit home in Hamilton 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 vacant two-bedroom suite with the income potential of $2,400+ (Also great for Airbnb), Unit 2 is a newly renovated vacant two-bedroom unit ($2,300), and unit 3 features a really cool bachelor loft space on the 3rd floor, with the income potential of $1,550+. The Gross Annual income is $78,600.00. This is a Rare offering and huge opportunity to increase your annual income by finishing the basmt 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+). Huge income opportunity to be had. Seller has spent $20k in permits to finish bsmt legally, and turning home into legal 4plex.

The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $4,930 2023 year
Community:Gibson
DetachedMarket Stat
Avg. Sold Price
$-
Avg. Rent
$-

Schools

JK - Grade12

Elementary (JK-G8)

Fraser Rank(2018) 2745 / 3064 Elementary English

Secondary (G9-G12)

Fraser Rank(2018) 692 / 747 Secondary English Catholic

Neighbourhood

Groceries
Nations Fresh Food 2.3 km
Unit 445, 2 King Street West, Hamilton, ON, L8P 1A2

Book Showing

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