536 CANNON STREET E, Hamilton, Ontario, L8L 2E9

MLS® # X13016214

House For Sale In Gibson, Hamilton, Ontario

$724,900 QuickQuote^TM: Not Available

5 Beds

4 Baths

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536 Cannon Street E, Hamilton, ON - Outdoor With Deck Patio Veranda With Facade

536 Cannon Street E, Hamilton, ON - Outdoor

536 Cannon Street E, Hamilton, ON - Indoor

536 Cannon Street E, Hamilton, ON - Indoor Photo Showing Bathroom

536 Cannon Street E, Hamilton, ON - Indoor Photo Showing Kitchen

536 Cannon Street E, Hamilton, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen

536 Cannon Street E, Hamilton, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen With Upgraded Kitchen

536 Cannon Street E, Hamilton, ON - Indoor Photo Showing Other Room

536 Cannon Street E, Hamilton, ON - Indoor Photo Showing Laundry Room

536 Cannon Street E, Hamilton, ON - Indoor Photo Showing Kitchen With Double Sink

536 Cannon Street E, Hamilton, ON - Indoor Photo Showing Bedroom

536 Cannon Street E, Hamilton, ON - Outdoor With Exterior

536 Cannon Street E, Hamilton, ON - Other

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536 CANNON STREET E, Hamilton, Ontario, L8L 2E9

$724,900

5 Beds

4 Baths

Property Information:

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. (id:27)

Building Features:

Style: Detached
Building Type: House
Amenities: Separate Hydro Meters
Basement Development: Finished
Basement Type: N/A, Full, N/A
Construction Style - Attachment: Detached
Exterior Finish: Brick, Vinyl siding
Floor Space: 1500 - 2000 sqft
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Amenities Nearby: Park, Public Transit, Schools
Features: Carpet Free
Fence Type: Fenced yard
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 80 Feet
Lot Frontage: 25.5 Feet
Lot Size: 25.5 x 80 FT
Sewer: Sanitary sewer
Parking Type: No Garage, Street

Rooms:

Primary Bedroom 2nd Level 4.01 m x 3.05 m
Bedroom 2nd Level 3.51 m x 2.84 m
Bathroom 2nd Level Measurements not available
Living 2nd Level 3.02 m x 2.39 m
Kitchen 2nd Level 2.84 m x 2.79 m
Kitchen 3rd Level 3.86 m x 2.79 m
Primary Bedroom 3rd Level 4.01 m x 3.86 m
Bathroom 3rd Level Measurements not available
Recreation Room Basement Level 8.33 m x 6.40 m
Bedroom Basement Level 3.61 m x 3.17 m
Bathroom Basement Level Measurements not available
Utility Basement Level 6.40 m x 2.29 m
Kitchen Main Level 4.14 m x 3.25 m
Living Main Level 3.17 m x 3.15 m
Primary Bedroom Main Level 3.66 m x 2.69 m
Bathroom Main Level Measurements not available

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Courtesy of: RE/MAX ESCARPMENT REALTY INC.

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