1367 Cannon Street E,Hamilton, ON L8H 1W2
Hamilton, ON L8H 1W2
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.
Details
| MLS # | X13668768 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 14 |
| Listing Provided By | RE/MAX ESCARPMENT REALTY INC. | X13668768 184004 |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 6 |
| Basement | Y |
| Story(s) | 2 |
Interior
| Interior Features | Accessory Apartment |
|---|---|
| Heat Source | Gas |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete Block |
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private Double |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 3621.41 |
|---|---|
| Tax Legal Description | LT 8, BLK N, PL 395 ; HAMILTON |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8H 1W2 |
| Area | Crown Point |
| Listing VS Median (in L8H 1W2) | |
Price: $649,999 low | high Med: $649,999 On site: 14 low | high Med: 14 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8H 1W2 |
| Area | Crown Point |
| Listing VS Median (in L8H 1W2) | |
Price: $649,999 low | high Med: $649,999 On site: 14 low | high Med: 14 | |
