Welcome to 1363-1367 cannon st. E, an exceptional investment opportunity that hasn't been available for over 40 years. This well-maintained property offers 2397 sq ft of living space and is zoned as a triplex (323), featuring 5 self-contained units in total. Situated in a highly desirable area with a high walk score, the location is unbeatable. Within walking distance, you'll find the bustling center mall, trendy ottawa street, and a variety of amenities, making this property incredibly convenient for tenants. The building consists of three floors, with each unit offering a functional layout. The first floor contains 2 units: unit 1 features a kitchen, living room, bedroom, and a 4-piece bathroom, while unit 2 offers a similar setup but also includes an additional 2-piece bath. The second floor has 2 more units: unit 3, which is currently vacant and ready for new tenants, includes a kitchen, and 4-piece bath, while unit 4 has a kitchen, and 4-piece bath. The third floor features unit 5, with a kitchen, providing additional rental income potential. The property also includes a utility room and storage space in the basement, offering added convenience. With parking for 3 cars, tenants will enjoy the practicality of dedicated parking spaces in a busy neighborhood. This is an excellent opportunity for investors seeking a property that offers solid income potential in a highly sought-after location. After being under the same ownership for over four decades, this property is now available for the first time, offering a rare chance to capitalize on its long-term value.
Listing IDX12542304
Address1367 Cannon Street
CityHamilton, Ontario
Price$689,999
Bed / Bath6 / 9 Full
Style2 1/2 Storey, Detached
ConstructionBrick
TypeResidential
StatusFor Sale
