117 Fairleigh Avenue S

About this Property

Turnkey 4-unit investment property on a generous double lot, fully tenanted at market rents. With non-smoking, pet-free tenants already in place, this solid brick property provides immediate income with added long-term upside. Units 2 and 3 feature recently installed heat pumps providing efficient heating and air conditioning, each connected to the unit’s own hydro meter. A finished laundry room with coin-operated laundry adds further convenience and income potential. Outside, the rare double lot offers a large yard, paved double driveway and detached garage at the end of the long driveway, which could be rented as-is for additional income or explored for future ADU potential. There may also be future severance potential, offering even more possibilities for the property. Located in a quiet, family-friendly neighbourhood just a short walk from the proposed LRT stop, this property combines strong existing income, and exciting long-term investment potential.

Listing Details

MLS #

40868452

Board

ITSO

Market

ontario

Property Type

Multi-4 Unit

Style

Residential Income

Year Built

1907

Garage Spaces

1

Parking Spaces

9

Basement

Partial, Partially Finished

Heating

Radiator

Cooling

Ductless

Lot Size

52.36 × 127.17 ft

Annual Taxes

$6,244/yr

Listed By

Real Broker Ontario Ltd.

Presented By

REMAX Hallmark®

Listed On

October 5, 2026

Days on Market

1

Features & Extras