117 FAIRLEIGH Avenue S, Hamilton, ON L8M2K4
117 FAIRLEIGH Avenue S, Hamilton, ON L8M2K4
117 FAIRLEIGH Avenue S, Hamilton, ON L8M2K4
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$964,900
Est. payment /mo
6 Beds
4 Baths
2,299 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2299

Square Footage 2,299 sqft

Price per Sqft $419

Subdivision 220 - St. Clair/Blakeley

MLS® Listing ID 40868452

Bedrooms 6

Year Built 1907

Property Sub-Type Freehold

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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Cooling Ductless

Exterior

Parking Features Yes

View Y/N No

Attached Garage No

Total Parking Spaces 9

Garage Yes

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Others

Ownership Freehold

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Judy Mohanty

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