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For Sale
$999,000
Estimated monthly cost
$5,142/mo
20% down • 5.00% rate • 25 yr • incl. tax

49 Fairleigh Avenue South, Hamilton, ON L8M 2K1

Gibson
1 / 1
4
Beds
3
Baths
7
Parking
2,500–3,000 ft²
Size
Property type
Detached
Listed
33 Days
Annual taxes
$5,929 /yr (2025)
MLS® number
X13144184
Listing brokerage
RE/MAX ABOUTOWNE REALTY CORP.

Description

Rare opportunity to own this newly renovated three unit home in Hamilton Centre with potential for a large fourth unit in the basement! Buyer to set their own rent at market value. The house comes equipped with 3 units. Unit 1 is a two-bedroom suite with the income of $2,200, Unit 2 is a newly renovated two-bedroom unit ($1,800), and unit 3 features a really cool bachelor loft space on the 3rd floor, with the income potential of$1,400. The Gross Annual income is $64,800.00. This is a Rare offering and huge opportunity to increase your annual income by finishing the basement which could bring an additional income of $1,500+ per month. The property features a large Double lot (43 x 105) ft lot, a massive driveway with 5+ parking spots and an oversized two-car garage with forecasted rent of ($400+). Perfect for a savvy investor or purchaser looking to supplement their mortgage payment. Huge income opportunity to be had, do not miss out on this rare offering. Seller in the works of obtaining permit to finish basement legally, and turning home into legal 4plex. Steps to downtown, Go Station and highways, the property is located in a desirable family-friendly neighbourhood.

Property Details

Property
Style
2 1/2 Storey
Basement
Full, Unfinished Basement
Exterior Finish
Brick
Heating
Forced Air · Gas
Cooling
Other
Pool
None
Building Age
51–99 years
Parking
Garage Type
Detached
Total Parking
7
Land
Lot Size
43 × 105 ft
Sewer
Sewer
Listing
MLS® Number
X13144184
Listed Date
May 19, 2026
Last Updated
May 21, 2026

About Gibson

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Location

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$999,000
49 Fairleigh Avenue South, Hamilton, ON L8M 2K1

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

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