$689,999
Available - For Sale
Listing ID: X12542304
1367 Cannon Street East , Hamilton, L8H 1W2, Hamilton
| 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. |
| Price | $689,999 |
| Taxes: | $3621.41 |
| Occupancy: | Tenant |
| Address: | 1367 Cannon Street East , Hamilton, L8H 1W2, Hamilton |
| Directions/Cross Streets: | ROBINS AVE/CANNON ST |
| Rooms: | 20 |
| Rooms +: | 2 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Full, Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 10.4 | 9.09 | |
| Room 2 | Main | Living Ro | 8.43 | 12.07 | |
| Room 3 | Main | Bedroom | 10.4 | 10.4 | |
| Room 4 | Main | Bathroom | 4 | 5.67 | 4 Pc Bath |
| Room 5 | Main | Kitchen | 8.07 | 12.17 | |
| Room 6 | Main | Bedroom | 13.42 | 8.59 | |
| Room 7 | Main | Bathroom | 8.07 | 4.49 | 3 Pc Bath |
| Room 8 | Main | Bedroom | 13.32 | 10.59 | |
| Room 9 | Main | Bathroom | .98 | .98 | 2 Pc Bath |
| Room 10 | Second | Kitchen | 10.4 | 10.5 | Eat-in Kitchen |
| Room 11 | Second | Living Ro | 10.5 | 11.74 | |
| Room 12 | Second | Bedroom | 10.5 | 7.08 | |
| Room 13 | Second | Bathroom | 5.51 | 6.99 | 4 Pc Bath |
| Room 14 | Second | Kitchen | 10.4 | 7.74 | Eat-in Kitchen |
| Room 15 | Second | Bedroom | 10.4 | 11.51 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 3 | Main |
| Washroom Type 3 | 4 | Second |
| Washroom Type 4 | 4 | Second |
| Washroom Type 5 | 4 | Third |
| Washroom Type 6 | 4 | Main |
| Washroom Type 7 | 3 | Main |
| Washroom Type 8 | 4 | Second |
| Washroom Type 9 | 4 | Second |
| Washroom Type 10 | 4 | Third |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 2 1/2 Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 3 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Approximatly Square Footage: | 2000-2500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Window Unit |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ESCARPMENT REALTY INC. |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Crown Point |
| Style: | 2 1/2 Storey |
| Tax: | $3,621.41 |
| Beds: | 6 |
| Baths: | 9 |
| Fireplace: | N |
| Pool: | None |
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