117 Fairleigh Avenue S
117 Fairleigh Avenue S in Hamilton - 6 bedroom, 4 bathroom. Listed at $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.
Property Details
- Property Type: Mortgage
- Style: 2 1/2 Storey
- Square Footage: 2250 sqft
- Basement: Partially Finished
- Heating: Other
- Cooling: Other
- Parking: 9 spaces
- Property Taxes: $6,244/yr
- Neighbourhood: St. Clair
- Postal Code: L8M 2K4
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