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51 Fairview AVE Hamilton, ON L8L 7B7
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Key Details
Sold Price $500,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Crown Point
MLS Listing ID X12179249
Sold Date 06/14/25
Style Bungalow
Bedrooms 4
Annual Tax Amount $3,724
Tax Year 2024
Property Sub-Type Detached
Property Description
51 Fairview Avenue is a lovely 3+1 bedroom brick bungalow in the Crown Point West neighbourhood. Walk to the shops on Ottawa Street, or walk your dog in beautiful Gage Park. Close to Tim Horton's Field, Centre Mall, schools, and restaurants. The home was renovated in 2019 (2 kitchens, 2 bathrooms, new flooring throughout). Detached single car garage, rear parking and street parking. Fenced yard. Covered front porch. In-law suite with separate entrance. This property is great for investors, first time home owners, extended families, down-sizers, or small families. Current 5.4% Cap Rate and Positive Cash Flow with tenants who are busy professionals, who treat it like their own and take good care of the property. You will be generating passive income from Day 1 - no work to do, no headaches, just income and appreciation. Whether you're a local investor or living elsewhere, you will have valuable peace of mind with these tenants and this property. Contact for current handyman who takes care of maintenance can be provided upon request. Many upgrades have been done within the last 6 years and it has been very well-maintained.
Location
Province ON
County Hamilton
Community Crown Point
Area Hamilton
Rooms
Family Room No
Basement Finished, Full
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, In-Law Capability, Guest Accommodations
Cooling Central Air
Exterior
Exterior Feature Patio
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 25.0
Lot Depth 100.0
Total Parking Spaces 2
Building
Foundation Concrete Block
Others
Senior Community Yes
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