For Sale - 563 Cannon Street, Hamilton, Ontario

Est payment $2,017/mo
Views   3
Time on Jump  13 day
  • Duplex property with two self-contained units, perfect for renovation.
  • Each unit has separate kitchens, bathrooms, and hydro meters for independence.
  • Current tenants provide rental income, showcasing strong investment potential.
  • Upper unit in good condition with bright and functional layout.
  • As-is sale offers a blank canvas for creative improvements.



Attention investors, contractors, and renovators. Opportunity to acquire a property at 563cannon st e in the gibson area of hamilton currently configured as a duplex with two self contained units. Each unit offers 2 bedrooms, separate kitchens, individual hydro meters, separate breaker panels, and two furnaces servicing the property. Unit 1: main floor and 2nd floor. 2 bedrooms 1 bathroom 1 kitchenunit 2: main floor and lower. 1 bedroom above grade, 1 bedroom below, a large den, 2 kitchens(1 above grade, 1 below grade)the upper unit is in relatively clean condition with a bright and functional layout. The lowerunit spans part of the main floor and basement and requires cleaningprevious rents were $1,470/month (upper) and $870/month (lower), offering strong upsidepotential for those looking to renovate and reposition the asset. Property is tenanted and access may be limited due to tenancy and site conditions. Property is being sold strictly in "as is, where is" condition. Seller makes norepresentations or warranties with respect to the property, its condition, retrofit status, orlegality of use. Buyers to conduct their own due diligence.
Listing IDX12975732
Address563 Cannon Street
CityHamilton, Ontario
Price$420,000
Bed / Bath5 / 3 Full
Style2 1/2 Storey, Duplex
ConstructionBrick
TypeMulti-Family
StatusFor Sale
Subtype DuplexIndoor Features Separate Heating Controls, Separate Hydro MeterOwnership FreeholdBasement Separate EntranceFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 2.00
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Listing Agency:  THE CANADIAN HOME REALTY INC.

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563 Cannon Street
Hamilton , Ontario
5 3 $420,000
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