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536 CANNON Street E — photo 1 of 251 / 25

536 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

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