$559,000
10 Fairleigh Avenue N, Hamilton, ON L8L 6H2
Gibson · Hamilton · L8L 6H2
Listing brokerage: ROYAL LEPAGE CERTIFIED REALTY
- Beds
- 4+1
- Baths
- 3
- Sq ft
- 2000–2500
- Parking
- 0
Monthly costs
Property taxes
$294/mo
$3,526 a year (2026)
The home
- Lot size
- 21 × 44.7 ft
- Style
- 2 1/2 Storey
- Basement
- Apartment, Finished
- Parking
- None
- Faces
- North
- Age
- 51-99 years
- Heating · cooling
- Forced Air, Central Air
- Possession
- Flex
About this home
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.
All details23 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing
Interior
- Bedrooms
- 4+1
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 10
- Den / family room
- Yes
- Size
- 2000-2500 sq ft
Features
- Carpet Free
Heating & Cooling
- Heat source
- Gas
Parking
- Covered spaces
- 0
Exterior & Lot
- Exterior
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
Lot features
- Irregular Lot
Utilities
- Sewer
- Sewer
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- X13737250
- Type
- Detached
- Transaction
- For Sale
- Neighbourhood
- Gibson
- Cross streets
- King St E & Sherman Ave S
- Co-listing brokerage
- ROYAL LEPAGE CERTIFIED REALTY
Rooms · 3Washroom ×3
6-piece washroom
Basement
6-piece washroom
Ground
6-piece washroom
Second
History
Past listings and sales for this home and building.
Location
10 Fairleigh Avenue N, Hamilton, ON L8L 6H2 · Near King St E & Sherman Ave S
Monthly cost
Estimated monthly cost
$2,769/mo
- Mortgage
- $2,475
- Property tax
- $294
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$121,379
$111,800 down + $9,579 to $10,829 in closing costs
- Ontario land transfer tax
- $7,655
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Property tax adjustment
- $174
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
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$559,000
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