LOADING

536 Cannon Street E Hamilton, Ontario L8L 2E9

5 Bedroom 4 Bathroom 1500 - 2000 sqft
Central Air Conditioning Forced Air

$724,900

An exceptional opportunity in Hamilton's Gibson/Stipley neighbourhood, just steps to downtown, this tastefully renovated century home offers over 2,100 sq ft of finished living space across three self-contained units, making it an ideal investment property generating $4,777.50 per month or an incredible multi-generational home for a large family. Configured as a legal duplex with an in-law suite, it delivers strong rental income potential with an estimated net cashflow of $975.65* per month OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down to an estimated $151* PER MONTH! Talk about affordability! Fully renovated in 2022, each unit features bright white kitchens with quartz countertops, stainless steel appliances, over-the-range microwaves, dishwashers, and the added convenience of in-suite laundry. Separate hydro meters allow for efficient utility management, enhancing tenant appeal and investor returns. The spacious unit mix includes a two-level 2-bedroom, 2-bathroom suite both levels with family rooms, a well-appointed 2-bedroom unit, and a 1-bedroom suite with a full 4-piece bath. Modernized bathrooms, a fenced backyard, and a fire escape for added safety complete the offering. Positioned steps to Tim Hortons Field, the Wentworth Stairs, public transit, and quick downtown Hamilton access, this turnkey property combines location, functionality, income and affordability in one compelling package. RSA. (id:61852)

Property Details

MLS® Number X13016214
Property Type Single 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, Refrigerator
BasementDevelopment Finished
BasementFeatures Separate Entrance
BasementType N/a (finished), Full, N/a
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick, Vinyl Siding
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 1500 - 2000 Sqft
Type House
UtilityWater Municipal Water

Parking

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 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 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/29625183/536-cannon-street-e-hamilton-gibson-gibson

Interested?

Contact us for more information


Generating Captcha

Nick Delconte
Salesperson


RE/MAX Escarpment Realty Inc.
2180 Itabashi Way #4c
Burlington, Ontario L7M 5A5

Your Favourites

 

No Favourites Found