536 Cannon Street E, Hamilton, Ontario

$679,900

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5

Beds

4

Baths

2,107

Square feet

About 536 Cannon Street E

An exceptional investment opportunity in Hamilton’s Gibson/Stipley neighbourhood, this fully renovated multi-residential property offers strong cash flow potential and stable, reliable income from day one. OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down! Talk about affordable! Configured as a legal duplex with an additional self-contained in-law suite, the property features three well-maintained suites with quality finishes throughout, including updated kitchens, modern bathrooms, and in-suite laundry in each unit. Separate hydro meters provide efficient expense management and added appeal for investors. Currently tenanted by long-term occupants who are easy to manage, communicative, and paying at or slightly above market rents, this is a true turnkey asset with minimal operational overhead. Ideally located close to downtown Hamilton, transit, and key amenities, the property benefits from consistent rental demand in a high-growth area. A prime addition to any real estate portfolio, offering both immediate income and long-term appreciation potential. Call or message today for the proforma and more details! RSA. (id:6289)

Features of 536 Cannon Street E

Listing # 40837369
Price $679,900
Bedrooms 5
Bathrooms 4.00
Square Footage 2,107
Type Multi-family
Sub-Type Freehold

Community Information

Address 536 Cannon Street E
Subdivision 200 - Gibson/Stipley
City Hamilton
Province Ontario
Postal Code L8L2E9

Amenities

Is Waterfront No
Has Pool No

Interior

Appliances Window Coverings
Heating Forced air, Natural gas
Cooling Central air conditioning
Fireplace No
# of Stories 3
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Brick, Vinyl siding

Listing Details

OfficeRE/MAX Escarpment Realty Inc.

Listing Map

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