17 Fairleigh Avenue, Hamilton

Price: $464,900

5 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Multi-Family

MLS#: X13730732

Duplex close to downtown Hamilton and all major amenities. Features three units: one 3-bedroom and two 1-bedroom suites. All units are updated and have separate entrances. Offers a great opportunity for investors or extended families. Sold "As is, Where is" basis. Seller makes no representations and/or warrnties. All room sizes approx.

17 Fairleigh Avenue - Multi-Family photo 1 of 5 in Hamilton, Ontario
17 Fairleigh Avenue - Multi-Family photo 2 of 5 in Hamilton, Ontario
17 Fairleigh Avenue - Multi-Family photo 3 of 5 in Hamilton, Ontario
17 Fairleigh Avenue - Multi-Family photo 4 of 5 in Hamilton, Ontario
17 Fairleigh Avenue - Multi-Family photo 5 of 5 in Hamilton, Ontario
active
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$464,900 - 17 Fairleigh Avenue, Hamilton

Multi-Family for Sale in Hamilton

36 days on market

Neighbourhood: Gibson

5Beds
3Baths
2,000 - 2,499Sq Ft
Multi-Family

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Property Details
MLS Number
X13730732
Property Type
Multi-Family
Status
active
Days on Site
36
Bedrooms
5
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Hamilton
Taxes (2025)
$4,158
Listing Brokerage
ROYAL LEPAGE STATE REALTY
Description

Duplex close to downtown Hamilton and all major amenities. Features three units: one 3-bedroom and two 1-bedroom suites. All units are updated and have separate entrances. Offers a great opportunity for investors or extended families. Sold "As is, Where is" basis. Seller makes no representations and/or warrnties. All room sizes approx.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,385.18/mo

Includes CMHC insurance ($12,971)

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5-yr fixed avg.

Principal: $418,410Interest: $284,173
Mortgage Amount$431,381
Total Interest$284,173
Est. Property Tax$329/mo
Total Cost$715,553

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Gibson

Discover Gibson

Gibson is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Gibson

  • •Convenient location in Hamilton
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Gibson offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

17 Fairleigh Avenue, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
8.5%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$329
Insurance (est.)-$97
Net Cash Flow+$3,274

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $232/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 36 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Gibson

I know Gibson well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    17 Fairleigh Avenue, Hamilton | $464,900 | Battaglia Team