536 CANNON Street

Hamilton, Ontario L8L2E9

MLS # 40837374

$679,900

Property Details

Type

Detached

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. Call or message today for the proforma and more details! RSA.

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

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Rooms

Room	Level	Dimensions
4pc Bathroom	Third level	x
Primary Bedroom	Third level	12'8'' x 13'2''
Kitchen/Dining room	Third level	9'2'' x 12'8''
4pc Bathroom	Second level	x
Bedroom	Second level	9'4'' x 11'6''
Primary Bedroom	Second level	10'0'' x 13'2''
Kitchen	Second level	9'2'' x 9'4''
Living room	Second level	7'10'' x 9'11''
Storage	Basement	7'6'' x 21'0''
3pc Bathroom	Basement	x
Bedroom	Basement	10'5'' x 11'10''
Recreation room	Basement	21'0'' x 27'4''
4pc Bathroom	Main level	x
Primary Bedroom	Main level	8'10'' x 12'0''
Living room	Main level	10'4'' x 10'5''
Kitchen	Main level	10'8'' x 13'7''