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563 CANNON STREET E, Hamilton, Ontario, L8L 2G2

MLS® # X12975732
Investment For Sale In Gibson, Hamilton, Ontario
$420,000
563 Cannon Street E, Hamilton, ON - Outdoor
563 Cannon Street E, Hamilton, ON - Indoor
563 Cannon Street E, Hamilton, ON - Indoor Photo Showing Bedroom
563 Cannon Street E, Hamilton, ON - Indoor Photo Showing Bathroom
563 Cannon Street E, Hamilton, ON - Indoor
563 Cannon Street E, Hamilton, ON  - Outdoor
563 Cannon Street E, Hamilton, ON  - Indoor
563 Cannon Street E, Hamilton, ON  - Indoor Photo Showing Bedroom
563 Cannon Street E, Hamilton, ON  - Indoor Photo Showing Bathroom
563 Cannon Street E, Hamilton, ON - Indoor
  • Advertising
563 CANNON STREET E, Hamilton, Ontario, L8L 2G2
$420,000

Property Information:

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. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Air Conditioning: Yes
  • Amenities: Separate Heating Controls, Separate Hydro Meters
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Window air conditioner
  • Appliances: All, Window Coverings

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 100 Feet
  • Lot Frontage: 24 Feet
  • Lot Size: 24 x 100 FT
  • Zoning: D
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 2

Rooms:

  • Bedroom 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • Bathroom 2nd Level Measurements not available
  • Kitchen Basement Level Measurements not available
  • Bathroom Basement Level Measurements not available
  • Bedroom Basement Level Measurements not available
  • Living Basement Level Measurements not available
  • Kitchen Main Level Measurements not available
  • Kitchen Main Level Measurements not available
  • Living Main Level Measurements not available
  • Living Main Level Measurements not available
  • Dining Main Level Measurements not available
  • Bedroom Main Level Measurements not available
  • Bathroom Main Level Measurements not available
  • Den Main Level Measurements not available

Courtesy of: THE CANADIAN HOME REALTY INC.

REALTOR.ca  

Location of 563 CANNON STREET E, Hamilton, Ontario, L8L 2G2

Demographic Information of 563 CANNON STREET E, Hamilton, Ontario, L8L 2G2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$83,497.58

Average Number of Children

1.95

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

33.38 %

High school certificate or equivalent

29.76 %

Apprenticeship trade certificate/diploma

5.41 %

College/non-university certificate

18.68 %

University certificate (below bachelor)

0.15 %

University Degree

12.63 %

Commuter

Travel To Work

By Car

72.33 %

By Public Transit

15.89 %

By Walking

7.17 %

By Bicycle

1.07 %

By Other Methods

3.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

32.8 %

Houses

67.2 %

Own Vs. Rent