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536 Cannon Street E Hamilton, Ontario L8L 2E9

5 Bedroom 4 Bathroom 1500 - 2000 sqft
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:60365)

Property Details

MLS® Number X13417632
Property Type Multi-family
Community Name Gibson
AmenitiesNearBy Park, Place Of Worship, Public Transit, Schools
EquipmentType Water Heater, Water Heater - Tankless
Features Carpet Free, In-law Suite
RentalEquipmentType Water Heater, Water Heater - Tankless

Building

BathroomTotal 4
BedroomsAboveGround 5
BedroomsTotal 5
Amenities Separate Electricity Meters
Appliances Dishwasher, Dryer, Microwave, Stove, Washer, Window Coverings, Refrigerator
BasementDevelopment Finished
BasementFeatures Separate Entrance
BasementType N/a (finished), Full, N/a
CoolingType Central Air Conditioning
ExteriorFinish Brick, Vinyl Siding
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 1500 - 2000 Sqft
Type Duplex
UtilityWater Municipal Water

Parking

Other
No Garage
Street

Land

Acreage No
FenceType Fenced Yard
LandAmenities Park, Place Of Worship, Public Transit, Schools
Sewer Sanitary Sewer
SizeDepth 80 Ft
SizeFrontage 25 Ft ,6 In
SizeIrregular 25.5 X 80 Ft
SizeTotalText 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

Nick Delconte
Salesperson


RE/MAX Escarpment Realty Inc.

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