CAONHamiltonGibson487 Cannon St E
Image | Image 1
Link Copied

487 Cannon St E, Hamilton, ON

House

Withdrawn

$--,---,---
to see price

342

MLS® 40745150

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2050 sqft
Garage No
Taxes $3,474
Lot Size 
Approx. Age 1911
Avg. Price Per Sqft $356
MLS® Number 40745150

Property Address: 487 Cannon St E, Hamilton, ON, L8L2E5

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

Description

Welcome to this meticulously maintained 4-unit investment property, o?Ering exceptional cash flow and long-term appreciation potential. Featuring three 1-bedroom units and one 2-bedroom unit, this turnkey asset generates $52 860 in annual gross rent with very low operating expenses; investors can achieve great positive cash flow, a rare find in today's market! Tenants are paying market rents and in good standing, ensuring stable, hassle-free income. Recent updates include a new roof and fence (2018), interior waterproofing, new concrete walkway, plumbing upgrades, window replacements, door updates, and tree trimming see the full list of improvements in the attachments. With extensive maintenance completed, this is a prime, low-maintenance investment in a high-demand rental market. Upside potential exists with interior cosmetic updates, making this an ideal opportunity for savvy investors looking for both immediate income and long-term growth. Financials attached. O?Ers welcome anytime!Show Description
MLS® Number40745150
Laundry LevelIn Building
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1911
BasementSeparate Entrance, Partial, Partially Finished
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Dryer, Refrigerator, Stove, Washer

Similar Listings

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
487 Cannon St E, Hamilton, ON

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties

Explore eXpFind an AgentJoin eXpInvestor RelationsCompany Careers
eXp LifeZoocasaSuccessQuebec ListingsAccessibility
Terms and ConditionsPrivacy PolicyCookie PolicyModalitésPolitique de confidentialitéSitemap

800 - 1070 Douglas Street, Victoria, BC, V8W2C4

833-303-0610

[email protected]

eXp REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. eXp Realty holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2025 eXp Realty. eXp World Holdings, Inc. All Rights Reserved