For Sale: 10 Fairleigh Avenue N, Hamilton, ON - REW
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$559,000
5 bd • 3 ba • 2000 - 2499 sf • House
10 Fairleigh Avenue N
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$559,000
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10 Fairleigh Avenue NHamilton, ON, L8L 6H2

Gibson
  • 5 Bed
  • 3 Bath
  • 2000 - 2499 Sqft
  • House

About this home

Exceptional opportunity to own a legal duplex with a separate basement apartment, offering strong income potential and immediate upside. This well-maintained multi-unit property features three self-contained residential units, with two units currently vacant, allowing the new owner to secure market rents immediately or occupy one unit while generating income from the others. ALL UNITS will be VACANT as of September 1st !! Pick your own tenants! Unit 1 (Main Floor): Bright and spacious 1-bedroom apartment. Unit 2 (Upper Level): Large 3-bedroom apartment featuring an expansive finished attic space, ideal for a home office, recreation room, additional living area, or storage. Unit 3 (Basement): Renovated 1-bedroom apartment, updated approximately one year ago. The property previously generated approximately $4,700/month in gross rental income, with rents of approximately $1,400/month (Unit 1, Vacant on September 1st), $2,100/month (Unit 2, Vacant), and $1,250/month (Unit 3, Vacant on Aug 1st). Tenants pay their own utilities, helping minimize operating expenses, and the property benefits from two separate hydro meters. Ideal for investors seeking strong cash flow and long-term appreciation or owner-occupants looking for a mortgage helper, this property offers exceptional flexibility and income-generating potential. The vacant units provide an immediate opportunity to maximize returns based on current market conditions. Conveniently located just minutes from Hamilton General Hospital, the future LRT corridor along Highway 8/Main Street East, West Harbour GO Station, Downtown Hamilton, schools, parks, shopping, public transit, and major commuter routes. This central location provides excellent connectivity and access to Hamilton's growing employment, healthcare, and transportation hubs. A rare opportunity to acquire a versatile income-producing property with immediate leasing flexibility, strong rental demand, and outstanding long-term investment potential. (id:63626)
Listed by: S KHAJEH HASSANI MOHAMMADIAN, Salesperson, ROYAL LEPAGE CERTIFIED REALTY

Home facts and features

Price details
List Price
$559,000
Get Pre-Approved
Gross Taxes for 2026
$3,526
Home facts
Bedrooms
5
Full Bathrooms
3
Parking Details
No Garage
Property Type
House
Depth
44.7 feet
Frontage
21.0 feet
Title
Freehold
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished, Apartment in basement, ,
Features
Carpet Free
Appliances
All, Dryer, Range, Refrigerator, Stove
Community
Agent details
Primary Agent
Primary Broker
ROYAL LEPAGE CERTIFIED REALTY
Secondary Agent
OLIVIA TRAN
Secondary Broker
ROYAL LEPAGE CERTIFIED REALTY
Listing details
Days on REW
38 Days
MLS® Number
X13451952
Source
Canadian Real Estate Association
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Property Insights

Cathedral High School
  • Catholic
  • 9 - 12
St. Ann (Hamilton) Catholic Elementary School
  • Catholic
  • JK - 8
Cathy Wever Elementary Public School
  • Public
  • JK - 8
Adelaide Hoodless Public School
  • Public
  • JK - 8
St. Brigid Catholic Elementary School
  • Catholic
  • JK - 8
Prince of Wales Elementary Public School
  • Public
  • JK - 8
Living Hope Christian School
  • Private
  • 9 - 12
St. Patrick Catholic Elementary School
  • Catholic
  • JK - 8
ÉÉC Notre-Dame
  • Catholic
  • JK - 8
Sacred Heart of Jesus Catholic Elementary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
S KHAJEH HASSANI MOHAMMADIAN
Phone:
(905) 268-1000
Office:
905-858-0000
Salesperson
Olivia Tran
Phone:
9055074776
Cell:
647-964-9889
Office:
905-858-0000
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