$999,000
FOR SALE

Detached 2 1/2 Storey

Bedrooms: 4Bathrooms: 3Lot: 43 x 105 ft
2025 Taxes: $5,928.67

49 Fairleigh Ave S
Hamilton, ON L8M 2K1 | Gibson

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.
Extras
Carpet Free, Separate Hydro Meter, Water Heater Owned
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Listed By RE/MAX ABOUTOWNE REALTY CORP.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13144184
Last Updated May 19, 2026
Property Summary
Property Type Detached

More like this:
PIN 172020067
Legal Description Pt Lt 34, Pl 399 ; Pt Residence Reserve, Pl 399 ,
Possession Date Flexible
Taxes (2025) $5,928.67
Directions/Cross Streets Main St E
Neighbourhood Gibson
Area Hamilton
Price History

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Detailed Information
Fronting On East
Special Designations Unknown
Bedrooms 4
Bathrooms 3
Rooms 7
Lot 43 x 105 ft
Exterior Brick
Air Conditioning Other
Family Room Y
Basement Full, Unfinished
Garage Type Detached
Garage/Park Spaces Y
Parking Spaces 5
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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