536 CANNON STREET E, Hamilton (Gibson), Ontario, L8L2E9
An exceptional opportunity in Hamilton's Gibson/Stipley neighbourhood, just steps to downtown, this tastefully renovated century home offers over 2,100 sq ft of finished living space across three self-contained units, making it an ideal investment property generating $4,777.50 per month or an incredible multi-generational home for a large family. Configured as a legal duplex with an in-law suite, it delivers strong rental income potential with an estimated net cashflow of $975.65* per month OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down to an estimated $151* PER MONTH! Talk about affordability! Fully renovated in 2022, each unit features bright white kitchens with quartz countertops, stainless steel appliances, over-the-range microwaves, dishwashers, and the added convenience of in-suite laundry. Separate hydro meters allow for efficient utility management, enhancing tenant appeal and investor returns. The spacious unit mix includes a two-level 2-bedroom, 2-bathroom suite both levels with family rooms, a well-appointed 2-bedroom unit, and a 1-bedroom suite with a full 4-piece bath. Modernized bathrooms, a fenced backyard, and a fire escape for added safety complete the offering. Positioned steps to Tim Hortons Field, the Wentworth Stairs, public transit, and quick downtown Hamilton access, this turnkey property combines location, functionality, income and affordability in one compelling package. RSA. (id:2471)
McConkey Real Estate Corp. Brokerage
- 705-875-5957
- 705-745-4321
- 705-745-4324
- john@mcconkeyrealestate.com
- Property Address: 536 CANNON STREET E, Hamilton (Gibson), Ontario, L8L2E9
- Community Name: Gibson
- Property Type: Single Family
- Title: Freehold
- Lot Size: 25.5 x 80 FT
- Acreage: 25.5 x 80 FT
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: No Garage, Street
- Maintenance Fee: 0.00
- Amenities Nearby: Park, Place of Worship, Public Transit, Schools
- Structure Style: House
- Style: Detached
- Storeys: 2.5
- Floor Space: 1500 - 2000 sqft
- Bedrooms: 5
- Bathrooms: 4-Total
- Basement Type: N/A (Finished), Full, N/A
- Heating Type: Natural gas, Forced air
- Cooling: Central air conditioning
- Exterior Type: Brick, Vinyl siding
- Foundation Type: Block
- Appliances Included: Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
- Carpet Free
- In-Law Suite
| Type | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Second level | 4.01 m x 3.05 m |
| Bedroom | Second level | 3.51 m x 2.84 m |
| Bathroom | Second level | Measurements not available |
| Living room | Second level | 3.02 m x 2.39 m |
| Kitchen | Second level | 2.84 m x 2.79 m |
| Kitchen | Third level | 3.86 m x 2.79 m |
| Primary Bedroom | Third level | 4.01 m x 3.86 m |
| Bathroom | Third level | Measurements not available |
| Recreational, Games room | Basement | 8.33 m x 6.4 m |
| Bedroom | Basement | 3.61 m x 3.17 m |
| Bathroom | Basement | Measurements not available |
| Utility room | Basement | 6.4 m x 2.29 m |
| Kitchen | Main level | 4.14 m x 3.25 m |
| Living room | Main level | 3.17 m x 3.15 m |
| Primary Bedroom | Main level | 3.66 m x 2.69 m |
| Bathroom | Main level | Measurements not available |
Listing Office: RE/MAX ESCARPMENT REALTY INC.
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