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117 FAIRLEIGH AVENUE S, Hamilton (St. Clair) — listed at $964,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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:60164)
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 4.14 x 277 meters |
| Bedroom | Second level | 3.56 x 3.94 meters |
| Bedroom | Third level | 5.23 x 3.38 meters |
| Den | Main level | 2.18 x 3.02 meters |
| Dining room | Main level | 3.76 x 3.35 meters |
| Kitchen | Other | 2.46 x 3.02 meters |
| Living room | Main level | 4.11 x 3.99 meters |
| Bedroom | Main level | 4.14 x 2.82 meters |
| Bedroom | Second level | 3.81 x 3.23 meters |
| Dining room | Second level | 2.95 x 3.61 meters |
| Kitchen | Second level | 2.03 x 2.34 meters |
| Living room | Second level | 4.11 x 4.72 meters |
How is the home heated? Is it efficient?+
Heating is other, other. Ask for past utility bills to understand real heating costs.
Is 117 FAIRLEIGH AVENUE S a good fit for a growing family?+
With 6 bedrooms and 4 bathrooms, there's room for kids plus a guest room or home office. The 2.5-storey layout keeps living and sleeping areas separated.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
What's the parking situation?+
This property includes 9 spaces — Detached Garage, Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,244, heating is other, other. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the space laid out across floors?+
This is a 2.5-storey single family. The 6 bedrooms and 4 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
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