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$ 1,099,000
Est. payment /mo
New
59 Cannon ST W Hamilton, ON L8R 2B4
5 Beds
5 Baths
UPDATED:
01/13/2025 05:29 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
MLS Listing ID X11920673
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $5,311
Tax Year 2024
Property Description
Ideal investor Opportunity in Prime West Hamilton This vacant, income-generating property offers a rare chance to own a multi-residential investment in one of Hamilton's most vibrant and sought-after neighborhoods. Featuring 5 self-contained units, each with separate entrances, this charming character home offers over 3,250 sq ft of finished living space and significant income potential. The unit breakdown includes: Main Floor: Spacious 2-bedroom unit (potential for a 3rd bedroom), kitchen, and 3-piece bath. Second Floor: 2-bedroom unit with kitchen and 4-piece bath. Two 1-Bedroom units Units: Each is a 1-bedroom unit with its own kitchen and 3-piece bath. One Additional Detached unit: This is a large bachelor unit with a 3-piece bath. The property also includes 3 separate hydro meters, 2 hot water heaters, and a new H/E boiler for efficient heating. Situated steps from James Streets diners, boutiques, and the local farmers' market, this property benefits from an unbeatable location. Tenants will love the proximity to Bayfront Park, King Williams bustling restaurants, and the convenience of amenities like a walk-in clinic, pharmacy, dentists, and local grocers all right outside the doorstep. For commuters, the property is just minutes from Highway 403, offering easy access to Toronto and surrounding areas. The area also boasts plenty of nightlife, bars, a cinema/movie theatre, and is steps away from the up-and-coming sports venue.
Location
Province ON
County Hamilton
Zoning D4
Rooms
Basement Apartment, Separate Entrance
Kitchen 5
Interior
Interior Features Accessory Apartment
Cooling Window Unit(s)
Inclusions None
Exterior
Exterior Feature Porch Enclosed
Parking Features None
Garage Spaces 3.0
Pool None
View Downtown
Roof Type Asphalt Shingle
Building
Foundation Stone
Lited by RE/MAX ESCARPMENT REALTY INC.