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    For Sale - 1367 Cannon Street, Hamilton, Ontario

    Est payment $3,121/mo
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    Views   3
    Time on Jump  57 day

    AI Summary *

    • Exceptional investment opportunity with a triplex zoning and 5 self-contained units.
    • Well-maintained property offers 2397 sq ft of versatile living space.
    • High walk score with nearby amenities like Center Mall and Ottawa Street.
    • Dedicated parking for 3 cars in a busy neighborhood for tenant convenience.
    • Rare chance to acquire a property available for the first time in over 40 years.




    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 IDX13668768
    Address1367 Cannon Street
    CityHamilton, Ontario
    Price$649,999
    Bed / Bath6 / 6 Full
    Style2 1/2 Storey, Other
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype OtherIndoor Features Accessory ApartmentOwnership FreeholdBasement Full, UnfinishedFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Brokerage: RE/MAX ESCARPMENT REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1367 Cannon Street
    Hamilton , Ontario
    6 6 $649,999
    Get more info