1 / 25536 CANNON STREET E
Hamilton (Gibson), Ontario, L8L2E9
$679,900
Bedrooms
5
Bathrooms
4
Parking
0
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. RSA. (id:66779)
Rooms
| Kitchen | Main level | — |
| Primary Bedroom | Second level | — |
| Bedroom 2 | Second level | — |
| Bathroom | Second level | — |
| Kitchen | Third level | — |
| Primary Bedroom | Third level | — |
| Bathroom | Third level | — |
| Living room | Main level | — |
| Primary Bedroom | Main level | — |
| Bathroom | Main level | — |
| Recreational, Games room | Basement | — |
| Bedroom 2 | Basement | — |
| Bathroom | Basement | — |
| Utility room | Basement | — |
| Living room | Second level | — |
| Kitchen | Second level | — |
Details
- Sewer
- Sanitary sewer
- Cooling
- Central air conditioning
- Fencing
- Fenced yard
- Heating
- Forced air, Natural gas
- List aor
- Toronto
- Stories
- 2.5
- Basement
- Finished, Full, Separate entrance, N/A, N/A
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
- Directions
- Cross Streets: STIRTON ST. ** Directions: Cannon St E between Stirton St & Sanford Ave.
- Fireplace
- No
- Lot features
- Carpet Free, In-Law Suite
- Water source
- Municipal water
- Structure type
- Duplex
- Parking features
- Other, No Garage, Street
- Tax annual amount
- 4,792.44
- Building features
- Separate Electricity Meters
- Exterior features
- Brick, Vinyl siding
- Foundation details
- Block
- Lot size dimensions
- 25.5 x 80 FT
- Bedrooms above grade
- 5
- Property attached
- Yes
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