117 Fairleigh Avenue S,Hamilton, ON L8M2K4
Hamilton, ON L8M2K4
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. (id:13843)
Details
| MLS # | 40868452 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1907 |
| Days On Site | 14 |
| Listing Provided By | Real Broker Ontario Ltd. | Scott Benson |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,299 |
| Garage | 9 |
| Basement | Y |
| Story(s) | 3 |
| Units | 4 |
| Zoning | R1A |
Interior
| Cooling | Ductless |
|---|---|
| Fireplace Yes / No | No |
Exterior
| Lot Features | Laundry- Coin operated |
|---|---|
| Foundation Details | Block |
Parking
| Parking Features | Detached Garage |
|---|---|
| Parking Total | 9 |
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 6244 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8M2K4 |
| Community Name | 220 St. Clair/Blakeley |
| Listing VS Median (in 220 St. Clair/Blakeley) | |
Price: $964,900 low | high Med: $529,000 sqft: 2,299 low | high Med: 1,530 $ / sqft: $420 low | high Med: $367 On site: 14 low | high Med: 42 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8M2K4 |
| Community Name | 220 St. Clair/Blakeley |
| Listing VS Median (in 220 St. Clair/Blakeley) | |
Price: $964,900 low | high Med: $529,000 sqft: 2,299 low | high Med: 1,530 $ / sqft: $420 low | high Med: $367 On site: 14 low | high Med: 42 | |
