49 FAIRLEIGH Avenue S 200 - Gibson/Stipley, Hamilton, Ontario, CA

Address: 49 FAIRLEIGH Avenue S, Hamilton, Ontario

0 Beds3 Baths2500 sqftStatus: Buy
Price $1,199,000

Property Overview


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 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 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. (id:51532)

 

Tags




Property Summary
Property Type
Single Family
Building Type
House
Storeys
3
Square Footage
2500 sqft
Subdivision Name
200 - Gibson/Stipley
Title
Freehold
Land Size
under 1/2 acre
Parking Type
Detached Garage
Building
Interior Features
Appliances Included
Garage door opener
Basement Type
Full (Partially finished)
Building Features
Features
Paved driveway
Foundation Type
Block
Style
Detached
Architecture Style
3 Level
Square Footage
2500 sqft
Structures
Porch
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick Veneer, Shingles
Parking
Parking Type
Detached Garage
Total Parking Spaces
7
Land
Other Property Information
Zoning Description
RES
Level Rooms Dimensions
Second level 4pc Bathroom Measurements not available
Third level 3pc Bathroom Measurements not available
Basement Laundry room Measurements not available
Main level 3pc Bathroom Measurements not available

Features
           Paved driveway            Detached Garage            Garage door opener
           Central air conditioning
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Your Home Finance Calculation

Property Price CA $1,199,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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