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