117 Fairleigh Avenue S Hamilton, Ontario L8M 2K4
$1,300,000
Exceptional Investment Opportunity! Discover this legal triplex, complete with a bonus additional dwelling unit, located on a spacious double lot. With approximately 3,000 square feet of well maintained living space, this property is a true gem for investors. The layout features two 2-bedroom units and two 1-bedroom units, offering versatile rental options. The main-floor 2-bed unit is currently owner occupied and provides a wonderful live-in option or could be quickly rented with a projected rent of $2,200/m. The other 3 units are happily occupied by A++ tenants. The home is equipped with efficient boiler heat, ensuring convenience for both owners and tenants. Additionally, this property includes in-suite coin operated shared laundry, and a detached garage and a storage shed, providing further potential for income (approx. $50/m for laundry and projected $200/m for garage) or personal use. The ideal location, turn key building, and practical layout make this a standout investment opportunity. You'll be hard pressed to find a better layout, location, and overall quality. Pride of ownership is evident throughout—don’t miss this rare offering. Call your Realtor® to book your showing today! (id:57069)
Property Details
| MLS® Number | 40671764 |
| 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 | 2299.03 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/27607971/117-fairleigh-avenue-s-hamilton
4145 North Service Rd - 2nd Floor #c
Burlington, Ontario M5X 1E3
1 (888) 311-1172
4145 North Service Rd - 2nd Floor
Burlington, Ontario L7L 4X6
1 (888) 311-1172
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November 01 2024 09:21:58
Oakville, Milton & District Real Estate Board
Real Broker Ontario Ltd.