Photo
Map49 Fairleigh Avenue
Hamilton, ON L8M 2K1 ( Gibson)
Quick Facts
Type: Detached
Style: 2 1/2 Storey
Size: Sq Ft
Age: Years
Taxes: $ 5,929 ( 2025)
Updated: 2026-05-20 00:32:51
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.
Extras
Detached
Property
Status: For Sale
MLS #: X13144184
Price: $ 999,000
Address: 49 Fairleigh Avenue
Type:
Style: 2 1/2 Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 5,929
Tax Year: 2025
Lot Size:
Neighbourhood: Gibson
Nearest Intersection: Main St E
City: Hamilton
Postal Code: L8M 2K1
DOM: 2 Days
Last Update: 2026-05-20 00:32:51
Building
Interior
Bedrooms: 4
Bathrooms: 3
Rooms: 7
Kitchens: 2
Family Room:
Fireplace:
Basement: Full Unfinished,
Central Vacuum:
Exterior
Exterior: Brick,
Driveway:
Garage: Private
Garage Spaces:
Parking Spaces: 7.00
Pool:
Utilities
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: Other
Water:
Sewers:
Features
Rooms