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117 Fairleigh Avenue S Hamilton, Ontario L8M 2K4

6 Bedroom 4 Bathroom 2299 sqft
Ductless

$964,900

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:61499)

Property Details

MLS® Number 40868452
Property Type Multi-family
AmenitiesNearBy Public Transit
Features Laundry- Coin Operated
ParkingSpaceTotal 9
Structure Porch

Building

BathroomTotal 4
BedroomsTotal 6
BasementDevelopment Partially Finished
BasementType Partial (partially Finished)
ConstructedDate 1907
CoolingType Ductless
ExteriorFinish Brick
FoundationType Block
StoriesTotal 3
SizeInterior 2299 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
LandAmenities Public Transit
Sewer Municipal Sewage System
SizeDepth 127 Ft
SizeFrontage 52 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R1a

https://www.realtor.ca/real-estate/30372788/117-fairleigh-avenue-s-hamilton

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Scott Benson
Salesperson


Real Broker Ontario Ltd.
4145 North Service Rd. 2nd Flr
Burlington, Ontario L7L 6A3

Steve Zahnd
Broker


Real Broker Ontario Ltd.
195 Hanlon Creek Boulevard
Guelph, Ontario N1C 1C1

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