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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

5 Beds

3 Baths

Save

Est. payment | -/mo

Save

5 Beds

3 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Gibson

MLS Listing ID X13451952

Style 2 1/2 Storey

Bedrooms 5

Annual Tax Amount $3,526

Tax Year 2026

Property Sub-Type Detached

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 September 1st !! 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 on Aug 1st). 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.

Location

Province ON

County Hamilton

Area Hamilton

Zoning Toc-3

Rooms

Family Room Yes

Basement Apartment, Finished

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Carpet Free

Cooling Central Air

Inclusions All Electrical Lights & Fixtures.All appliances in all 3 units: 3x(Stove), 3x(Fridge), 3x(Range-hood), 2x(Washer & Dryer).

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Lot Frontage 21.0

Lot Depth 44.71

Building

Building Age 51-99

Lot Description Irregular Lot

Foundation Poured Concrete

Others

Senior Community No

ParcelsYN No

Listed by ROYAL LEPAGE CERTIFIED REALTY

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+1(647) 493-3579

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10 Fairleigh AVE N Hamilton, ON L8L 6H2