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1367 Cannon Street E Hamilton, Ontario L8H 1W2

6 Bedroom 9 Bathroom 2000 - 2500 sqft
Window Air Conditioner Forced Air

$689,999

Welcome to 1363-1367 Cannon St. E, an exceptional investment opportunity that hasn't been available for over 40 years. This well-maintained property offers 2397 sq ft of living space and is zoned as a Triplex (323), featuring 5 self-contained units in total. Situated in a highly desirable area with a high walk score, the location is unbeatable. Within walking distance, you'll find the bustling Center Mall, trendy Ottawa Street, and a variety of amenities, making this property incredibly convenient for tenants. The building consists of three floors, with each unit offering a functional layout. The first floor contains 2 units: Unit 1 features a kitchen, living room, bedroom, and a 4-piece bathroom, while Unit 2 offers a similar setup but also includes an additional 2-piece bath. The second floor has 2 more units: Unit 3, which is currently vacant and ready for new tenants, includes a kitchen, living room, bedroom, and 4-piece bath, while Unit 4 has a kitchen, bedroom, and 4-piece bath. The third floor features Unit 5, with a kitchen, living room, bedroom, and 4-piece bath, providing additional rental income potential. The property also includes a utility room and storage space in the basement, offering added convenience. With parking for 3 cars, tenants will enjoy the practicality of dedicated parking spaces in a busy neighborhood. This is an excellent opportunity for investors seeking a property that offers solid income potential in a highly sought-after location. After being under the same ownership for over four decades, this property is now available for the first time, offering a rare chance to capitalize on its long-term value. (id:60365)

Property Details

MLS® Number X12542304
Property Type Single Family
Community Name Crown Point
EquipmentType Water Heater
ParkingSpaceTotal 3
RentalEquipmentType Water Heater

Building

BathroomTotal 9
BedroomsAboveGround 6
BedroomsTotal 6
Appliances All, Window Coverings
BasementDevelopment Unfinished
BasementType Full (unfinished)
ConstructionStyleAttachment Detached
CoolingType Window Air Conditioner
ExteriorFinish Brick
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 2000 - 2500 Sqft
Type House
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 100 Ft
SizeFrontage 25 Ft
SizeIrregular 25 X 100 Ft
SizeTotalText 25 X 100 Ft

Rooms

Level Type Dimensions
Second Level Living Room 3.2 m x 3.58 m
Second Level Bedroom 3.2 m x 2.16 m
Second Level Bathroom 1.68 m x 2.13 m
Second Level Kitchen 3.17 m x 2.36 m
Second Level Bedroom 3.17 m x 3.51 m
Second Level Bathroom 1.52 m x 1.22 m
Second Level Kitchen 3.17 m x 3.2 m
Third Level Kitchen 3.38 m x 3.58 m
Third Level Living Room 3.48 m x 3.58 m
Third Level Bedroom 2.46 m x 3.58 m
Third Level Bathroom 1.52 m x 1.65 m
Basement Utility Room 0.3 m x 0.3 m
Basement Other 0.3 m x 0.3 m
Main Level Kitchen 3.17 m x 2.77 m
Main Level Living Room 2.57 m x 3.68 m
Main Level Bedroom 3.17 m x 3.17 m
Main Level Bathroom 1.22 m x 1.73 m
Main Level Kitchen 2.46 m x 3.71 m
Main Level Bedroom 4.09 m x 2.62 m
Main Level Bathroom 2.46 m x 1.37 m
Main Level Bedroom 4.06 m x 3.23 m
Main Level Bathroom 0.3 m x 0.3 m

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29101068/1367-cannon-street-e-hamilton-crown-point-crown-point

Michael William Wotherspoon
Salesperson


RE/MAX Escarpment Realty Inc.
860 Queenston Rd #4b
Hamilton, Ontario L8G 4A8

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