Detached House for sale at 10 Fairleigh Avenue, Hamilton, Ontario, L8L 6H2 - Gibson - MLS: X13451952

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10 Fairleigh Avenue

Hamilton, Ontario, L8L 6H2 - Gibson

$588,900

Neighbourhood

Gibson
Major Intersection

King St E & Sherman Ave S

Listed Since: 1 day(s)
Last update: 1 day(s) ago

Overview

Property Type

Detached, 2 1/2 Storey
Bedrooms

4 + 1
Bathrooms

3
Basement

Apartment + Finished
Kitchen

2 + 1
Total Parking

n/a
Lot Size

21x44.71 (Feet)
Taxes

$3,526.38 (2026)
Type

Freehold

Property Description

Property description for 10 Fairleigh Avenue, Hamilton

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.

Listed by ROYAL LEPAGE CERTIFIED REALTY

Property details

MLS #

X13451952
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

51-99
Pool

None
Drive

None
Garage

None
Total Parking

0
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X13451952
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

51-99
Pool

None
Drive

None
Garage

None
Total Parking

0
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 10 Fairleigh Avenue, Hamilton

This property has been sold 8 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Estimated price

Date

Price

Change

2026-06-16

$599,505

1.88%

Local Real Estate Price Trends for Detached in Gibson

Active listings

Average Selling Price of a Detached

May 2026

$400,000

Last 3 Months

$521,833

Last 12 Months

$494,319

May 2025

$580,000

Last 3 Months LY

$569,913

Last 12 Months LY

$556,964

Change

-31%

Change

-8%

Change

-11%

Historical Average Selling Price of a Detached in Gibson

Average Selling Price

3 years ago

$712,501

Average Selling Price

5 years ago

$655,333

Average Selling Price

10 years ago

$315,200

Change

-44%

Change

-39%

Change

27%

Number of Detached Sold

May 2026

Last 3 Months

Last 12 Months

May 2025

Last 3 Months LY

Last 12 Months LY

Change

-75%

Change

-83%

Change

-40%

Average Selling price

Inventory Graph

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Closing Cost Calculator

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Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.