$1,099,000
Available - For Sale
Listing ID: X11920673
59 Cannon St West , Hamilton, L8R 2B4, Ontario
| Ideal investor Opportunity in Prime West Hamilton This vacant, income-generating property offers a rare chance to own a multi-residential investment in one of Hamilton's most vibrant and sought-after neighborhoods. Featuring 5 self-contained units, each with separate entrances, this charming character home offers over 3,250 sq ft of finished living space and significant income potential. The unit breakdown includes: Main Floor: Spacious 2-bedroom unit (potential for a 3rd bedroom), kitchen, and 3-piece bath. Second Floor: 2-bedroom unit with kitchen and 4-piece bath. Two 1-Bedroom units Units: Each is a 1-bedroom unit with its own kitchen and 3-piece bath. One Additional Detached unit: This is a large bachelor unit with a 3-piece bath. The property also includes 3 separate hydro meters, 2 hot water heaters, and a new H/E boiler for efficient heating. Situated steps from James Streets diners, boutiques, and the local farmers' market, this property benefits from an unbeatable location. Tenants will love the proximity to Bayfront Park, King Williams bustling restaurants, and the convenience of amenities like a walk-in clinic, pharmacy, dentists, and local grocers all right outside the doorstep. For commuters, the property is just minutes from Highway 403, offering easy access to Toronto and surrounding areas. The area also boasts plenty of nightlife, bars, a cinema/movie theatre, and is steps away from the up-and-coming sports venue. |
| Price | $1,099,000 |
| Taxes: | $5311.19 |
| Address: | 59 Cannon St West , Hamilton, L8R 2B4, Ontario |
| Lot Size: | 75.59 x 50.77 (Feet) |
| Acreage: | < .50 |
| Directions/Cross Streets: | Park St |
| Rooms: | 14 |
| Bedrooms: | 5 |
| Bedrooms +: | |
| Kitchens: | 5 |
| Family Room: | N |
| Basement: | Apartment, Sep Entrance |
| Approximatly Age: | 100+ |
| Property Type: | Multiplex |
| Style: | 2 1/2 Storey |
| Exterior: | Brick, Metal/Side |
| Garage Type: | None |
| Drive Parking Spaces: | 3 |
| Pool: | None |
| Other Structures: | Aux Residences |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 2000-2500 |
| Property Features: | Arts Centre, Hospital, Park, Place Of Worship, Public Transit, Rec Centre |
| Fireplace/Stove: | N |
| Heat Source: | Gas |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Window Unit |
| Central Vac: | N |
| Laundry Level: | Lower |
| Sewers: | Sewers |
| Water: | Municipal |
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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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|
Mehdi Moghareh Abed
Sales Representative
Dir:
647-937-8237
Bus:
905-731-2000
Fax:
905-886-7556
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Strathcona |
| Style: | 2 1/2 Storey |
| Lot Size: | 75.59 x 50.77(Feet) |
| Approximate Age: | 100+ |
| Tax: | $5,311.19 |
| Beds: | 5 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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