536 CANNON STREET E
Hamilton (Gibson), Ontario
MLS® X13417632
$679,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13417632
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- —
1 / 42Listing description
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.
Property summary
- MLS® number
- X13417632
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 25.5 x 80 FT
- Annual property taxes
- $4,792.44
- Parking
- Other, No Garage, Street
- Days on market
- 79 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Full, Separate entrance, N/A, N/A
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
- Exterior features
- Brick, Vinyl siding
- Lot features
- Carpet Free, In-Law Suite
What would this home cost you?
Based on the $679,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX ESCARPMENT REALTY INC., BURLINGTON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.