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    For Sale - 536 Cannon Street, Hamilton, Ontario

    Est payment $3,481/mo
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    Time on Jump  1 days

    AI Summary *

    • Renovated century home with over 2,100 sq ft of living space.
    • Flexible setup as a legal duplex plus in-law suite.
    • Strong rental income potential of $4,777.50 per month.
    • Conveniently located near downtown and public transit.
    • Modern kitchens and baths with in-suite laundry for each unit.




    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.
    Listing IDX13016214
    Address536 Cannon Street
    CityHamilton, Ontario
    Price$724,900
    Bed / Bath5 / 4 Full
    Style2 1/2 Storey, Detached
    ConstructionBrick, Vinyl Siding
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Carpet Free, In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro MeterAmenities Fenced Yard, Library, Park, Place Of Worship, Public Transit, SchoolOwnership FreeholdBasement Finished, Full, Separate EntranceFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  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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    536 Cannon Street
    Hamilton , Ontario
    5 4 $724,900
    Get more info