116 Fairholt Road Unit 2, Hamilton

Price: $2,250

3 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X12963968

Move in and enjoy this beautifully updated 3-bedroom, 1-bath main-floor apartment located in the heart of Hamilton's sought-after Stipley neighbourhood. Airy 10'Ceilings, This bright and spacious Main floor unit offers a great blend of character and modern upgrades, featuring quartz kitchen countertops, stainless steel appliances, dishwasher, sleek pot lights, and stylish finishes throughout. Large windows provide plenty of natural light, making the space feel warm and welcoming. Enjoy the convenience of one parking spot, onsite laundry, and access to a peaceful shared backyard, perfect for relaxing or unwinding after a long day. Ideal for professionals, couples, or small families looking for comfort and location. Situated close to parks, transit, shops, restaurants, and all the amenities that make Stipley one of Hamilton's most vibrant communities.

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$2,250 - 116 Fairholt Road Unit 2, Hamilton

Detached for Sale in Hamilton

3Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X12963968
Property Type
Detached
Status
active
Days on Site
24
Bedrooms
3
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Move in and enjoy this beautifully updated 3-bedroom, 1-bath main-floor apartment located in the heart of Hamilton's sought-after Stipley neighbourhood. Airy 10'Ceilings, This bright and spacious Main floor unit offers a great blend of character and modern upgrades, featuring quartz kitchen countertops, stainless steel appliances, dishwasher, sleek pot lights, and stylish finishes throughout. Large windows provide plenty of natural light, making the space feel warm and welcoming. Enjoy the convenience of one parking spot, onsite laundry, and access to a peaceful shared backyard, perfect for relaxing or unwinding after a long day. Ideal for professionals, couples, or small families looking for comfort and location. Situated close to parks, transit, shops, restaurants, and all the amenities that make Stipley one of Hamilton's most vibrant communities.

Neighbourhood Guide: Hamilton

Discover Hamilton

Hamilton 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 Hamilton

  • 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

Hamilton 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

116 Fairholt Road Unit 2, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1492.3%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$2
Insurance (est.)-$0
Net Cash Flow+$2,798

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 $3/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 24 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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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