536 Cannon Street

Hamilton (Gibson), Ontario L8L2E9

MLS # X13417632

$679,900

Property Details

Type

Duplex

Beds

Baths

Status

For Sale

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About this property

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.

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Property taxes: about $399/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
Kitchen	Main level	4.14 x 3.25
Primary Bedroom	Second level	4.01 x 3.05
Bedroom 2	Second level	3.51 x 2.84
Bathroom	Second level	0 x 0
Kitchen	Third level	3.86 x 2.79
Primary Bedroom	Third level	4.01 x 3.86
Bathroom	Third level	0 x 0
Living room	Main level	3.17 x 3.15
Primary Bedroom	Main level	3.66 x 2.69
Bathroom	Main level	0 x 0
Recreational, Games room	Basement	8.33 x 6.4
Bedroom 2	Basement	3.61 x 3.17
Bathroom	Basement	0 x 0
Utility room	Basement	6.4 x 2.29
Living room	Second level	3.02 x 2.39
Kitchen	Second level	2.84 x 2.79