117 FAIRLEIGH AVENUE S, Hamilton (St. Clair)

$964,900

For sale: Detached

Detached at 117 FAIRLEIGH AVENUE S, Hamilton (St. Clair)
Property type
Detached
Bedrooms / bathrooms
6 bedrooms, 4 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13869528
Neighbourhood
St. Clair

Turnkey 4-unit investment property on a generous double lot, fully tenanted at market rents. With non-smoking, pet-free tenants already in place, this solid brick property provides immediate income with added long-term upside. Units 2 and 3 feature recently installed heat pumps providing efficient heating and air conditioning, each connected to the unit's own hydro meter. A finished laundry room with coin-operated laundry adds further convenience and income potential. Outside, the rare double lot offers a large yard, paved double driveway and detached garage at the end of the long driveway, which could be rented as-is for additional income or explored for future ADU potential. There may also be future severance potential, offering even more possibilities for the property. Located in a quiet, family-friendly neighbourhood just a short walk from the proposed LRT stop, this property combines strong existing income, and exciting long-term investment potential.

Sold data

Detached homes in Hamilton (St. Clair) — recent sold market

Detached homes in Hamilton (St. Clair) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 762 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.

The median sale price was $750,000.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$750,000
Sale-to-list ratio
96.9%
Sold above asking
11%

Based on 762 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (St. Clair)

Hamilton (St. Clair) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.

Rated schools
130
Elementary
108
Secondary
22
Average rating
5.6 / 10

Top-rated schools in Hamilton (St. Clair)

  • Corpus Christi — elementary, HamiltonFraser rating 10.0/10
  • Norwood Park — elementary, HamiltonFraser rating 8.4/10
  • Pope John Paul II — elementary, HamiltonFraser rating 8.0/10
  • Our Lady of Lourdes — elementary, HamiltonFraser rating 7.3/10
  • Westmount — secondary, HamiltonFraser rating 7.3/10
  • Sacred Heart — elementary, HamiltonFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 117 FAIRLEIGH AVENUE S