10 Fairleigh Avenue N, Hamilton, ON, L8L 6H2

Address

10 Fairleigh Avenue N, Hamilton, ON

Listing Type

New

Price

$ 559,000

Property Attributes

MLS#X13737250
TypeSingle Family
Listing Status New
CityHamilton
AreaGibson
NeighbourhoodGibson
Postal CodeL8L 6H2
Style2 1/2 Storey
Taxes$ 3526
Price$ 559,000
Bedrooms5
Full Bathrooms3
Half Bathrooms0
Sqr Footage2000-2500
Lot Size0.25 Acres

Data Source:

Toronto Real Estate Board (TRREB)

Property Description

Exceptional opportunity to own a legal duplex with a separate basement apartment, offering strong income potential and immediate upside. This well-maintained multi-unit property features three self-contained residential units, with two units currently vacant, allowing the new owner to secure market rents immediately or occupy one unit while generating income from the others. ALL UNITS will be VACANT as of end of September !! Pick your own tenants! Unit 1 (Main Floor): Bright and spacious 1-bedroom apartment. Unit 2 (Upper Level): Large 3-bedroom apartment featuring an expansive finished attic space, ideal for a home office, recreation room, additional living area, or storage. Unit 3 (Basement): Renovated 1-bedroom apartment, updated approximately one year ago. The property previously generated approximately $4,700/month in gross rental income, with rents of approximately $1,400/month (Unit 1, Vacant on September 1st), $2,100/month (Unit 2, Vacant), and $1,250/month (Unit 3, Vacant end of September). Tenants pay their own utilities, helping minimize operating expenses, and the property benefits from two separate hydro meters. Ideal for investors seeking strong cash flow and long-term appreciation or owner-occupants looking for a mortgage helper, this property offers exceptional flexibility and income-generating potential. The vacant units provide an immediate opportunity to maximize returns based on current market conditions. Conveniently located just minutes from Hamilton General Hospital, the future LRT corridor along Highway 8/Main Street East, West Harbour GO Station, Downtown Hamilton, schools, parks, shopping, public transit, and major commuter routes. This central location provides excellent connectivity and access to Hamilton's growing employment, healthcare, and transportation hubs. A rare opportunity to acquire a versatile income-producing property with immediate leasing flexibility, strong rental demand, and outstanding long-term investment potential.

Price History
9/3/2026	Listed $559,000

General Features

Sewer	Sewer
Cooling	Central Air
Roof	Asphalt Shingle
Architectural Style	2 1/2 Storey
Pool Features	None
Construction Materials	Brick
Heater Type	Forced Air
Property Subtype	Detached
Tax Year	2026
Lot Depth	44.71
PropertyFeatures	Rec./Commun.Centre,Public Transit,Hospital,Park,School Bus Route,School
County	Hamilton
New Construction	No
Property Type	Residential Freehold
Attached Garage	No
Facing Direction	North
Garage Y/N	No
Total Rooms	10
Status	New
City	Hamilton
Senior Community Y/N	No
Lot Size Units	Feet
Property Attached Y/N	Yes
Tax Annual Amount	3526.38
Standard Status	Active
Occupancy Type	Tenant
Legal Description	PT LTS 69 & 70,PL 396,PART 1,62R11172 ; HAMILTON

Interior Features

Interior Amenities	Carpet Free
Basement	Apartment,Finished
Heat Source	Gas
Basement (Y/N)	No
Air Conditioning Y/N	Yes
Heating Y/N	Yes
Fireplace Y/N	No
Total Bedrooms	5
Elevator?	No
Total Baths	3
Bedrooms	4+1
Living Area Range	2000-2500

Exterior Features

Parking Features	None
Lot Features	Irregular Lot
Total Parking	0.0
Garage Type	None
Foundation Details	Poured Concrete
Spa	No
Waterfront Y/N	No
Covered Spaces	0.0
LotDimensionsSource	Other