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$ 679,900
Est. payment /mo
New
536 Cannon ST E Hamilton, ON L8L 2E9
5 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Gibson
MLS Listing ID X13417632
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $4,792
Tax Year 2026
Property Sub-Type Duplex
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.
Location
Province ON
County Hamilton
Area Hamilton
Rooms
Basement Finished, Full, Separate Entrance
Kitchen 3
Interior
Interior Features Carpet Free, In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter
Cooling Central Air
Inclusions BUILT-IN MICROWAVE (3), DISHWASHER (3), DRYER (3), REFRIDGERATOR (3), STOVE (3), WASHER (3), WINDOW COVERINGS
Exterior
Parking Features Other
Pool None
Roof Type Asphalt Shingle
Building
Foundation Concrete Block
Lited by RE/MAX ESCARPMENT REALTY INC.