Salehian.com 647-325-5000

10 Fairleigh Avenue N

Gibson, Hamilton, L8L 6H2

$559,000

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  • 4+1 bedrooms
  • 3 bathrooms
  • 0 parking
  • 2000-2500 sq ft

Listed 48 days ago · MLS® X13737250

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.

Details

Type
Detached
Style
2 1/2 Storey
Age
51-99 years
Size
2000-2500 sq ft
Lot
21 × 44.71 ft
Basement
Apartment, Finished
Garage
None
Kitchens
3
Property tax
$3,526 (2026)
Neighbourhood
Gibson
Municipality
Hamilton
Price per sq ft
$248 (33% below detached houses in Gibson, $371)

Interior

Bedrooms
4 above ground + 1 below
Bathrooms
1 × 6-piece (basement), 1 × 6-piece (ground), 1 × 6-piece (second)
Kitchens
3 (1 below ground)
Rooms
7 above ground + 3 below
Family room or den
Yes
Fireplace
No
Features
Carpet Free

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2 1/2 Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Poured Concrete
Age
51-99 years
Faces
North

Lot

Size
21 × 44.71 ft
Acreage
< .50

More

Possession
Flex
Nearby
Rec./Commun.Centre, Public Transit, Hospital, Park, School Bus Route, School
Cross street
King St E & Sherman Ave S

History of this address

9 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚆 Hamilton GO Centre2.2 km

Within a 10-minute walk: 3 grocery stores, 17 cafés and restaurants, 7 parks, 6 pharmacies. Nearest grocery: Mama Africa Tropical Foods & Hair Products (700 m). Nearest park: Stirton Tot-Lot (200 m).

Schools nearby

Elementary

  • Cathy Wever Elementary Public School
    EQAO: Gr 6 reading 72%, math 23%    10 min walk
  • St. Ann Catholic Elementary School Catholic
    EQAO: Gr 6 reading 88%, math 52%    11 min walk
  • Adelaide Hoodless Public School
    EQAO: Gr 6 reading 79%, math 52%    12 min walk
  • Prince of Wales Elementary Public School
    EQAO: Gr 6 reading 79%, math 49%    13 min walk

Secondary

  • Cathedral High School Catholic
    EQAO: Gr 9 math 43%, literacy test 64%    7 min walk
  • St. Charles Adult & Continuing Education Centre - Downtown East Campus Catholic9 min walk
  • Bernie Custis Secondary School
    EQAO: Gr 9 math 36%, literacy test 65%    14 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L8L

Owners / renters
52% / 48%
Median household income
$65,000
Average age
38
Children under 15
17%
Homes
50% detached, 11% high-rise
Commute by transit
14%
Population
32,312

Languages spoken most at home besides English: Portuguese 2.7%, Arabic 1.5%, Vietnamese 1.4%, Spanish 1.2%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Niagara Peninsula Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Hamilton police: 62 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Niagara Peninsula Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Hamilton: 2 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence, with a City business licence (since December 2023).

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE CERTIFIED REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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