536 Cannon Street E, Hamilton, ON L8L 2E9

$679,900
5
BD
4
BA
1,500
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$679,900
MLS#
X13417632
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
2 1/2 Storey
Bedrooms
5
Bathrooms
4
Living Area
1500-2000
Province
ON
Municipality
Hamilton
Area
Hamilton
Neighborhood
Gibson
Subdivision
Stirton St

Property Description

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. RSA.

Additional Information

Taxes
$4,792
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Family Room
Yes
Kitchens
3
Exterior
Brick, Vinyl Siding
Garage Type
Other
Pool
None
Parking Type
Street Only

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX ESCARPMENT REALTY INC..