$724,900
Available - For Sale
Listing ID: X13016214
536 Cannon Street East , Hamilton, L8L 2E9, Hamilton
| 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. |
| Price | $724,900 |
| Taxes: | $4792.44 |
| Occupancy: | Tenant |
| Address: | 536 Cannon Street East , Hamilton, L8L 2E9, Hamilton |
| Directions/Cross Streets: | STIRTON ST |
| Rooms: | 12 |
| Bedrooms: | 5 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Finished, Full |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 13.58 | 10.66 | |
| Room 2 | Main | Living Ro | 10.4 | 10.33 | |
| Room 3 | Main | Primary B | 12 | 8.82 | |
| Room 4 | Main | Bathroom | 4 Pc Bath | ||
| Room 5 | Basement | Recreatio | 27.32 | 20.99 | |
| Room 6 | Basement | Bedroom | 11.84 | 10.4 | |
| Room 7 | Basement | Bathroom | 3 Pc Bath | ||
| Room 8 | Basement | Utility R | 20.99 | 7.51 | |
| Room 9 | Second | Living Ro | 9.91 | 7.84 | |
| Room 10 | Second | Kitchen | 9.32 | 9.15 | |
| Room 11 | Second | Primary B | 13.15 | 10 | |
| Room 12 | Second | Bedroom | 11.51 | 9.32 | |
| Room 13 | Second | Bathroom | 4 Pc Bath | ||
| Room 14 | Third | Kitchen | 12.66 | 9.15 | |
| Room 15 | Third | Primary B | 13.15 | 12.66 | Combined w/Laundry |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 3 | Basement |
| Washroom Type 3 | 4 | Second |
| Washroom Type 4 | 4 | Third |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 2 1/2 Storey |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Street Onl |
| Drive Parking Spaces: | 0 |
| Park #1 | |
| Parking Type: | Street Onl |
| Park #2 | |
| Parking Type: | Street Onl |
| Pool: | None |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Fenced Yard, Library |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ESCARPMENT REALTY INC. |
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|
Po Paul Chen
Broker
Dir:
647-283-2020
Bus:
905-475-4750
Fax:
905-475-4770
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Gibson |
| Style: | 2 1/2 Storey |
| Tax: | $4,792.44 |
| Beds: | 5 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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