536 Cannon Street E, Hamilton, Ontario L8L 2E9 (29873715)

536 Cannon Street E Hamilton, Ontario L8L 2E9

5 Bedroom 4 Bathroom 1,500 - 2,000 ft2
Central Air Conditioning Forced Air

$679,900

An exceptional investment opportunity in Hamilton's Gibson/Stipley neighbourhood, this fully renovated multi-residential property offers strong cash flow potential and stable, reliable income from day one! OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down. Talk about affordable! Configured as a legal duplex with an additional self-contained in-law suite, the property features three well-maintained suites with quality finishes throughout, including updated kitchens, modern bathrooms, and in-suite laundry in each unit. Separate hydro meters provide efficient expense management and added appeal for investors. Currently tenanted by long-term occupants who are easy to manage, communicative, and paying at or slightly above market rents, this is a true turnkey asset with minimal operational overhead. Ideally located close to downtown Hamilton, transit, and key amenities, the property benefits from consistent rental demand in a high-growth area. A prime addition to any real estate portfolio, offering both immediate income and long-term appreciation potential. RSA. (id:50976)

Property Details

MLS® Number X13417632
Property Type Multi-family
Community Name Gibson
Amenities Near By Park, Place Of Worship, Public Transit, Schools
Equipment Type Water Heater, Water Heater - Tankless
Features Carpet Free, In-law Suite
Rental Equipment Type Water Heater, Water Heater - Tankless

Building

Bathroom Total 4
Bedrooms Above Ground 5
Bedrooms Total 5
Amenities Separate Electricity Meters
Appliances Dishwasher, Dryer, Microwave, Stove, Washer, Window Coverings, Refrigerator
Basement Development Finished
Basement Features Separate Entrance
Basement Type N/a (finished), Full, N/a
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 1,500 - 2,000 Ft2
Type Duplex
Utility Water Municipal Water

Parking

Other
No Garage
Street

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Park, Place Of Worship, Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 80 Ft
Size Frontage 25 Ft ,6 In
Size Irregular 25.5 X 80 Ft
Size Total Text 25.5 X 80 Ft

Rooms

Level Type Dimensions
Second Level Primary Bedroom 4.01 m x 3.05 m
Second Level Bedroom 2 3.51 m x 2.84 m
Second Level Bathroom Measurements not available
Second Level Living Room 3.02 m x 2.39 m
Second Level Kitchen 2.84 m x 2.79 m
Third Level Kitchen 3.86 m x 2.79 m
Third Level Primary Bedroom 4.01 m x 3.86 m
Third Level Bathroom Measurements not available
Basement Recreational, Games Room 8.33 m x 6.4 m
Basement Bedroom 2 3.61 m x 3.17 m
Basement Bathroom Measurements not available
Basement Utility Room 6.4 m x 2.29 m
Main Level Kitchen 4.14 m x 3.25 m
Main Level Living Room 3.17 m x 3.15 m
Main Level Primary Bedroom 3.66 m x 2.69 m
Main Level Bathroom Measurements not available

https://www.realtor.ca/real-estate/29873715/536-cannon-street-e-hamilton-gibson-gibson

Contact Us

Contact us for more information

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Nick Delconte
Salesperson

(905) 639-7676

RE/MAX Escarpment Realty Inc.
2180 Itabashi Way #4c
Burlington, Ontario L7M 5A5

(905) 639-7676
(905) 681-9908

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