536 Cannon Street E, Hamilton (gibson), Ontario

$679,900

Previous Next

5

Beds

4

Baths

About 536 Cannon Street E

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. (id:36535)

Features of 536 Cannon Street E

Listing # X13417632
Price $679,900
Bedrooms 5
Bathrooms 4.00
Acres 0.00
Type Multi-family

Community Information

Address 536 Cannon Street E
Subdivision Gibson
City Hamilton (gibson)
Province Ontario
Postal Code L8L2E9

Amenities

Amenities Park, Place of Worship, Public Transit, Schools, Separate Electricity Meters
Features Carpet Free, In-Law Suite
Parking No Garage, Other, Street
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Dryer, Microwave, Stove, Washer, Window Coverings, Refrigerator
Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 3
Has Basement Yes
Basement Features Separate entrance
Basement Type N/A (Finished), Full, N/A
Basement Development Finished

Exterior

Exterior Brick, Vinyl siding
Lot Description 25.5 x 80 FT
Foundation Block

Listing Details

OfficeCourtesy Of RE/MAX ESCARPMENT REALTY INC.

Listing Map