49 Fairleigh Avenue S Hamilton, ON L8M 2K1
Listing Courtesy of: ITSO / Re/Max Aboutowne Realty Corp.

  49 Fairleigh Avenue S Hamilton, ON L8M 2K1

Active (3 Days)
$725,571 (USD)
4
BED
3
BATH
2,385
SQFT

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.

MLS®:
40824582
Taxes
$5,929
Type
Multifamily
County
Hamilton

Listed By

Paul Butler, Re/Max Aboutowne Realty Corp.
Source
ITSO
Last checked May 20 2026 at 7:21 PM GMT+0000
Bathroom Details
Interior Features
  • Other
  • Laundry: In-Suite
  • Dishwasher
  • Dryer
  • Refrigerator
  • Stove
  • Washer
Lot Information
  • Rectangular
  • Near Golf Course
  • Park
  • Rec./Community Centre
  • Schools
  • Place of Worship
  • Public Transit
  • Hospital
  • Library
Property Features
  • Foundation: Poured Concrete
Heating and Cooling
  • Forced Air
  • Natural Gas
  • Other
Basement Information
  • Full
  • Unfinished
  • Separate Entrance
Exterior Features
  • Roof: Asphalt Shing
Utility Information
  • Sewer: Sewer (Municipal)
School Information
  • Elementary School: Cathy Weaver Elementary School, St. Patricks Elementary School
  • High School: Cathedral High School, Bernie Custis Secondary School
Garage
  • Garage
Parking
  • Detached Garage
  • Asphalt
  • Total: 7
Stories
  • 3
Living Area
  • 2,385 sqft
Location
   
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Disclaimer: Listing content protected by copyright and licensed by Information Technology Systems Ontario: Data last updated: 5/20/26 12:21