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Nest Realty Inc. Brokerage

website@nestrealty.ca +1(519) 354-7474

$ 649,999

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1367 CANNON Street E Hamilton, ON L8H1W2

6 Beds

6 Baths

2,397 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2397

Square Footage 2,397 sqft

Price per Sqft $271

Subdivision 201 - Crown Point

MLS® Listing ID 40854861

Bedrooms 6

Half Baths 1

Property Sub-Type Freehold

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. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 5' x 4' 4pc Bathroom

Extra Room 2 Second level 10'5'' x 11'6'' Bedroom

Extra Room 3 Second level 10'5'' x 7'9'' Eat in kitchen

Extra Room 4 Second level 5'6'' x 7' 4pc Bathroom

Extra Room 5 Second level 10'6'' x 7'1'' Bedroom

Extra Room 6 Second level 10'6'' x 11'9'' Living room

Interior

Heating Forced air,

Cooling Wall unit

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 3

Garage No

Private Pool No

Building

Story 2.5

Sewer Municipal sewage system

Others

Ownership Freehold

Listed by RE/MAX Escarpment Realty Inc.

NEARBY SCHOOL & BUSINESS

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Nest Realty Inc. Brokerage

+1(519) 354-7474