1367 Cannon ST E Active

Hamilton,ON L8H 1W2

$ 689999

6 Beds

9 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Crown Point

MLS Listing ID X12542304

Style 2 1/2 Storey

Bedrooms 6

Annual Tax Amount $3,621

Tax Year 2025

Property Sub-Type Detached

Property Description

Welcome to 1363-1367 Cannon St. E, an exceptional investment opportunity that hasn't been available for over 40 years. This well-maintained property offers 2397 sq ft of living space and is zoned as a Triplex (323), featuring 5 self-contained units in total. Situated in a highly desirable area with a high walk score, the location is unbeatable. Within walking distance, you'll find the bustling Center Mall, trendy Ottawa Street, and a variety of amenities, making this property incredibly convenient for tenants. The building consists of three floors, with each unit offering a functional layout. The first floor contains 2 units: Unit 1 features a kitchen, living room, bedroom, and a 4-piece bathroom, while Unit 2 offers a similar setup but also includes an additional 2-piece bath. The second floor has 2 more units: Unit 3, which is currently vacant and ready for new tenants, includes a kitchen, living room, bedroom, and 4-piece bath, while Unit 4 has a kitchen, bedroom, and 4-piece bath. The third floor features Unit 5, with a kitchen, living room, bedroom, and 4-piece bath, providing additional rental income potential. The property also includes a utility room and storage space in the basement, offering added convenience. With parking for 3 cars, tenants will enjoy the practicality of dedicated parking spaces in a busy neighborhood. This is an excellent opportunity for investors seeking a property that offers solid income potential in a highly sought-after location. After being under the same ownership for over four decades, this property is now available for the first time, offering a rare chance to capitalize on its long-term value.

Location

State ON

County Hamilton

Community Crown Point

Area Hamilton

Rooms

Family Room Yes

Basement Full,Unfinished

Kitchen 5

Interior

Interior Features Accessory Apartment

Cooling Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle

Lot Frontage 25.0

Lot Depth 100.0

Total Parking Spaces 3

Building

Foundation Concrete Block

Others

ParcelsYN No

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