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Renanza Realty
For sale

117 FAIRLEIGH Avenue S

Hamilton, Ontario

MLS® 40868438

$964,900

Status
Active
Property type
House
MLS® number
40868438
Bedrooms
6
Bathrooms
4
Year built
1907

Listing 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.

Property summary

MLS® number
40868438
Property type
Single Family
Building type
House
Square footage
2,299 sq ft
Title
Freehold
Built in
1907
Annual property taxes
$6,244.00
Parking
9 spaces · Detached Garage
Days on market
2 days

Features & details

Cooling
Ductless
Basement
Partially finished, Partial
Exterior features
Brick
Lot features
Laundry- Coin operated
Architectural style
Other

What would this home cost you?

Based on the $964,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,490 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Real Broker Ontario Ltd., Burlington.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.