117 Fairleigh Avenue S

Hamilton, ON L8M2K4

About this property

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:13843)

About this property

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:13843)

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$964,900 Active
6 Bed(s)
4
Baths
2,299 sqft

Presented By Trevor Docherty, Broker/Owner

Agent Image
Get in touch today! Phone: 1-705-787-5060
Brokerage
Real Broker Ontario Ltd.
1-888-311-1172
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

| County | 220 St. Clair/Blakeley

$ 964,900
This listing is play_arrow 79.0% higher than the average in the area
$ 539,000 in the area
2,299 SqFt
This listing is play_arrow 20.3% larger than the average in the area
1,911 SqFt in the area
$ 420 $/SqFt
This listing is play_arrow 48.8% more than the average in the area
$ 282 $/SqFt in the area
28 days on site
This listing is play_arrow 42.9% below the average in the area
49 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School
Listed By Scott Benson
Brokerage: Real Broker Ontario Ltd.

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Trevor Docherty

By submitting, you agree to receive promotional texts and/or calls from Sutton at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.