6 Beds 9 Bath

1367 Cannon Street E, Hamilton, ON L8H 1W2

Hamilton L8H 1W2 Ontario

MLS: X12542304

$689,999

Added 1 hour ago | For Sale

Listed by: RE/MAX ESCARPMENT REALTY INC.

About Property

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, living room, bedroom, and 4-piece bath, while Unit 4 has a kitchen, bedroom, and 4-piece bath. The third floor features Unit 5, with a kitchen, living room, bedroom, and 4-piece bath, 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.

Features

  • House Style:Detached
  • Bathrooms:9
  • Land Size: 25 X 100
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:ROBINS AVE/CANNON ST
  • Basement:Full,Unfinished , Full,Unfinished
  • Possession Date:Flexible
  • Annual Property taxes: $3621.41
  • Bedrooms:6
  • Total Parking Spaces:3
  • Parking Places:3
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12542304

Level Type Features Dimensions
Main Kitchen 10 ft, 5 in x 9 ft, 1 in
Living Room 8 ft, 5 in x 12 ft, 1 in
Bedroom 10 ft, 5 in x 10 ft, 5 in
Bathroom 4 Pc Bath 4 ft x 5 ft, 8 in
Kitchen 8 ft, 1 in x 12 ft, 2 in
Bedroom 13 ft, 5 in x 8 ft, 7 in
Bathroom 3 Pc Bath 8 ft, 1 in x 4 ft, 6 in
Bedroom 13 ft, 4 in x 10 ft, 7 in
Bathroom 2 Pc Bath 1 ft x 1 ft
Second Kitchen Eat-in Kitchen 10 ft, 5 in x 10 ft, 6 in
Living Room 10 ft, 6 in x 11 ft, 9 in
Bedroom 10 ft, 6 in x 7 ft, 1 in
Bathroom 4 Pc Bath 5 ft, 6 in x 7 ft
Kitchen Eat-in Kitchen 10 ft, 5 in x 7 ft, 9 in
Bedroom 10 ft, 5 in x 11 ft, 6 in
Bathroom 4 Pc Bath 5 ft x 4 ft
Third Kitchen 11 ft, 1 in x 11 ft, 9 in
Living Room 11 ft, 5 in x 11 ft, 9 in
Bedroom 8 ft, 1 in x 11 ft, 9 in
Bathroom 4 Pc Bath 5 ft x 5 ft, 5 in
Basement Utility Room 1 ft x 1 ft
Other 1 ft x 1 ft

No property rooms available.

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