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Lady of the House
117 Fairleigh Avenue S, Hamilton, ON L8M 2K4
- $964,900
- 6
- BD
- 4
- BA
- 2,000
- SqFt
- List Price
- $964,900
- MLS#
- X13869528
- Status
- ACTIVE
- Type
- Single Family Residential
- SubType
- Detached
- Style
- 2 1/2 Storey
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 2000-2500
- Province
- ON
- Municipality
- Hamilton
- Area
- Hamilton
- Neighborhood
- St. Clair
- Subdivision
- Main St E To Fairleigh Ave S
Property Description
Turnkey 4-unit investment property on a generous double lot, fully tenanted at market rents. With non-smoking, pet-free tenants already in place, this solid brick property provides immediate income with added long-term upside. Units 2 and 3 feature recently installed heat pumps providing efficient heating and air conditioning, each connected to the unit's own hydro meter. A finished laundry room with coin-operated laundry adds further convenience and income potential. Outside, the rare double lot offers a large yard, paved double driveway and detached garage at the end of the long driveway, which could be rented as-is for additional income or explored for future ADU potential. There may also be future severance potential, offering even more possibilities for the property. Located in a quiet, family-friendly neighbourhood just a short walk from the proposed LRT stop, this property combines strong existing income, and exciting long-term investment potential.
Additional Information
- Taxes
- $6,244
- Heat Type
- Other
- Heat Source
- Other
- Air Conditioning
- Other
- Kitchens
- 4
- Exterior
- Brick
- Garage Spaces
- 1
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 9
- Parking Type
- Private Triple, Private
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Listing courtesy of Real Broker Ontario Ltd..