New Listing
59 Cannon Street W , Hamilton, ON L8R 2B4
Hamilton, ON L8R 2B4
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 batchelor 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 Street’s diners, boutiques, and the local farmers' market, this property benefits from an unbeatable location. Tenants will love the proximity to Bayfront Park, King William’s bustling restaurants, and the convenience of amenities like a walk-in clinic, pharmacy, dentists, and local grocersall 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. Note: There is a variance between the frontage recorded on the deed and the surveybuyers are advised to verify. Legal use of the property is not warranted. This is an exceptional opportunity to invest in a high-demand location with strong rental appeal. Don’t waitunlock the potential of this unique property today!
Details
| MLS# | 40688351 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 5 |
| Listing Provided By | RE/MAX Escarpment Realty Inc. | Craig R. Bush |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 2,409 |
| Basement | Y |
| Story(s) | 2 |
| Units | 5 |
| Building(s) | 1 |
| Zoning | D4 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Zip Code | L8R 2B4 |
| Area | 10 Hamilton West |
| Subarea | 101 Strathcona Central North |
| Community Name | 101 Strathcona Central North |
| Listing VS Median (in 101 Strathcona Central North) | |
Price: $1,099,000 low | high Med: $2,000 SqFt: 2,409 low | high Med: 602 $ / SqFt: $456 low | high Med: $3 On Site: 5 low | high Med: 40.500000 | |
