$819,000 - 40 Fairleigh Crescent, Hamilton
Detached for Sale in Hamilton
31 days on marketNeighbourhood: St. Clair
- MLS Number
- X13210666
- Property Type
- Detached
- Status
- active
- Days on Site
- 31
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
The featured home is rich in character, showcasing original pocket doors, stained glass windows, and oversized trim that speak to its heritage. Offering three bedrooms and two bathrooms, 40 Fairleigh also boasts rare parking for up to five vehicles and extensive recent renovations throughout most of the home. Notable updates include a three-year-old furnace and A/C, two beautifully finished bathrooms, refinished hardwood flooring throughout, and a stunning open-concept kitchen centered around an impressive 65" x 53" island. Each enhancement has been completed with care, thoughtfully preserving the home's original craftsmanship and charm. A recent second-floor addition has transformed the upper level into two exceptionally spacious bedrooms, each large enough to accommodate its own sitting area and both featuring ensuite privileges. The lower level offers a clean, unfinished 760 sq. ft. basement, presenting excellent potential for future customization and additional living space. Turning onto Fairleigh Crescent feels like stepping back in time. Nestled in Hamilton's highly sought-after St. Clair neighbourhood, this hidden gem is lined with beautifully maintained century homes beneath a canopy of mature, old-growth trees. Among them stands a remarkable Ginkgo tree believed to be over 800 years old covering this thoughtfully landscaped yard with multiple seating areas. Over a century ago, the crescent was intentionally curved, creating a graceful, meandering streetscape that offers far more charm than a traditional grid-and results in a slightly larger lot for this property.
Estimate your monthly payments for this property
Estimated Payment
$4,201.89/mo
Includes CMHC insurance ($22,850)
5-yr fixed avg.
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.
Discover St. Clair
St. Clair 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 St. Clair
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
St. Clair 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.
40 Fairleigh Crescent, Hamilton
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $745/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 31 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.
Detached Home Advantages
Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About St. Clair
I know St. Clair 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.
Investment Perspective
Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.