10 Fairleigh Avenue

ActiveHamilton · Gibson51 days on marketMLS® X13451952

$559,000

$280 / sq ft

Bedrooms5

Bathrooms3

Interior2,000 sq ft

TypeSingle Family Home

ListingFor Sale

Days on Market51

About this property

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.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13451952
Status	Active
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	2,000 sq ft
Beds / Baths	5 bed · 3 bath
Neighbourhood	Gibson
City	Hamilton
Postal Code	L8L 6H2
Province	ON
Listed Date	June 16, 2026
Days on Market	51
Price per Sq Ft	$280
Brokerage	ROYAL LEPAGE CERTIFIED REALTY