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10 FAIRLEIGH AVENUE N, Hamilton (Gibson)
2026-06-17
Quick Summary
- Location
- 10 FAIRLEIGH AVENUE N, Hamilton (Gibson), Ontario L8L6H2
- Price
- $588,900
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 2000 - 2500 sqft
- Bedrooms:
- 4 bed +1
- Bathrooms:
- 3
MLS®#X13451952
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. 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), $2,100/month (Unit 2), and $1,250/month (Unit 3). 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. (id:32467)
Property Features
Building
- Appliances: All, Dryer, Range, Stove, Refrigerator
- Basement Development: Finished
- Basement Features: Apartment in basement
- Basement Type: N/A, N/A (Finished)
- Construction Style: Detached
- Cooling Type: Central air conditioning
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 2000 - 2500 sqft
- Building Type: House
- Stories: 2.5
- Utility Water: Municipal water
Features
- Feature: Carpet Free
Land
- Land Size: 21 x 44.7 FT ; 21.04 X 42.58 X 29.06 X 44.80|under 1/2 acre
- Sewer: Sanitary sewer
Ownership
- Type: Freehold
Zoning
- Description: Toc-3
Information entered by ROYAL LEPAGE CERTIFIED REALTY
Listing information last updated on: 2026-06-16 18:59:00
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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