CAONHamilton536 Cannon St E
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536 Cannon St E, Hamilton, ON

House

For Sale

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540

MLS® 40813527

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2107 sqft
Garage 
Taxes $4,792
Days Active 0
Lot Size 
Approx. Age 
Avg. Price Per Sqft $344
MLS® Number 40813527

Property Address: 536 Cannon St E, Hamilton, ON, L8L2E9

Average square foot calculated using Size range provided by listing agent.

Description

An exceptional opportunity in Hamilton’s Gibson/Stipley neighbourhood, just steps to downtown, this tastefully renovated century home offers over 2, 100 sq ft of finished living space across three self-contained units, making it an ideal investment property generating $4, 777.50 per month or an incredible multi-generational home for a large family. Configured as a legal duplex with an in-law suite, it delivers strong rental income potential with an estimated net cashflow of $975.65* per month OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down to an estimated $151* PER MONTH! Talk about affordability! Fully renovated in 2022, each unit features bright white kitchens with quartz countertops, stainless steel appliances, over-the-range microwaves, dishwashers, and the added convenience of in-suite laundry. Separate hydro meters allow for efficient utility management, enhancing tenant appeal and investor returns. The spacious unit mix includes a two-level 2-bedroom, 2-bathroom suite both levels with family rooms, a well-appointed 2-bedroom unit, and a 1-bedroom suite with a full 4-piece bath. Modernized bathrooms, a fenced backyard, and a fire escape for added safety complete the offering. Positioned steps to Tim Hortons Field, the Wentworth Stairs, public transit, and quick downtown Hamilton access, this turnkey property combines location, functionality, income and affordability in one compelling package. Don’t miss this rare opportunity to own a fully renovated multi-unit property with excellent house-hacking potential. Contact us today to schedule your private viewing or to learn more about what this property can do for you! RSA. (id:58753)Show Description
MLS® Number40813527
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementFinished, Full
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Kitchen:Main FloorNot available
Other:Third FloorNot available
Master Bedroom:Second FloorNot available
Other:Second FloorNot available
Other:BasementNot available
Other:BasementNot available
Other:BasementNot available
Living Room:Second FloorNot available
Bedroom 1:Second FloorNot available

Price History

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Home Appraisal

This property is estimated to sell between: $724,000 and $747,000.
Similar properties in this area sold on average for: $739,041
Expected to sell in 35 days. Similar properties sold in 35 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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