1 / 25536 CANNON Street E
Hamilton, Ontario, L8L2E9
$679,900
Bedrooms
5
Bathrooms
4
Living area
2,107 square feet
About this property
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. Call or message today for the proforma and more details! RSA. (id:66779)
Details
- Sewer
- Municipal sewage system
- Cooling
- Central air conditioning
- Heating
- Forced air, Natural gas
- List aor
- Cornerstone
- Stories
- 2.5
- Basement
- Finished, Full
- Appliances
- Window Coverings
- Directions
- Cannon St E between Stirton St & Sanford Ave
- Fireplace
- No
- Water source
- Municipal water
- Structure type
- Duplex
- Tax annual amount
- 4,792.44
- Exterior features
- Brick, Vinyl siding
- Community features
- Community Centre
- Zoning description
- D
- Property attached
- Yes
- Above grade finished area
- 1,525
- Below grade finished area
- 582
More in Hamilton
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