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59 CANNON STREET W, Hamilton, Ontario, L8R 2B4

MLS® # X11920673
Investment For Sale In Central, Hamilton, Ontario
$1,099,000
59 Cannon Street W, Hamilton, ON - Outdoor
59 Cannon Street W, Hamilton, ON - Outdoor
59 Cannon Street W, Hamilton, ON -  With Exterior
59 Cannon Street W, Hamilton, ON - Outdoor With Exterior
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Kitchen
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Kitchen
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Bathroom
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Living Room With Fireplace
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Living Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Kitchen
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Bathroom
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Outdoor
59 Cannon Street W, Hamilton, ON - Indoor
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Kitchen
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Bathroom
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Bathroom
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Laundry Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Laundry Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Laundry Room
59 Cannon Street W, Hamilton, ON - Outdoor
59 Cannon Street W, Hamilton, ON - Indoor
59 Cannon Street W, Hamilton, ON - Outdoor
59 Cannon Street W, Hamilton, ON  - Outdoor
59 Cannon Street W, Hamilton, ON  - Outdoor
59 Cannon Street W, Hamilton, ON  -  With Exterior
59 Cannon Street W, Hamilton, ON  - Outdoor With Exterior
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Kitchen
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Kitchen
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Bathroom
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Living Room With Fireplace
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Living Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Kitchen
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Bathroom
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Outdoor
59 Cannon Street W, Hamilton, ON - Indoor
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Kitchen
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Bathroom
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Bathroom
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Other Room
59 Cannon Street W, Hamilton, ON - Indoor
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Laundry Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Laundry Room
59 Cannon Street W, Hamilton, ON - Indoor Photo Showing Laundry Room
59 Cannon Street W, Hamilton, ON - Outdoor
59 Cannon Street W, Hamilton, ON - Indoor
59 Cannon Street W, Hamilton, ON - Outdoor
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59 CANNON STREET W, Hamilton, Ontario, L8R 2B4
$1,099,000

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Basement Type: N/A
  • Exterior Finish: Brick, Steel
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Window air conditioner

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 5
  • Amenities Nearby: Hospital, Park, Public Transit
  • Community Features: Community Centre
  • Features: Level
  • Irregular: Yes
  • Lot Depth: 50.8 Feet
  • Lot Frontage: 75.6 Feet
  • Lot Size: 75.6 x 50.8 FT
  • Structure Type: Porch
  • Zoning: D4
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 3

Rooms:

  • Living 2nd Level 4.47 m x Measurements not available
  • Kitchen 2nd Level Measurements not available
  • Bedroom 2nd Level 3.43 m x 3.96 m
  • 2nd Bedroom 2nd Level 2.82 m x 5.18 m
  • Loft 3rd Level 4.83 m x 3.33 m
  • Living 3rd Level 5.89 m x 3.53 m
  • Kitchen 3rd Level Measurements not available
  • Recreation Room Basement Level 5.87 m x 5.13 m
  • Living Main Level 3.78 m x 3.78 m
  • Bedroom Main Level 4.16 m x 3.09 m
  • 2nd Bedroom Main Level 4.34 m x 3.30 m
  • Kitchen Main Level Measurements not available

Convert Measurement to:

Courtesy of: RE/MAX ESCARPMENT REALTY INC.

REALTOR.ca  

Location of 59 CANNON STREET W, Hamilton, Ontario, L8R 2B4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

29 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 59 CANNON STREET W , experiences 7 hot days per year at around 32.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.6 degrees Celsius.

Projected Avg. Temperature

Past
32.1℃
2050
35.6℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 59 CANNON STREET W , experiences 11 significant 2-day storms per year, with about 306.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 381.7mm of precipitation per year.

Precipitation Per Storm

Past
306.7mm
2050
381.7mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 59 CANNON STREET W, Hamilton, Ontario, L8R 2B4

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$101,786.25

Average Number of Children

1.81

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.65 %

High school certificate or equivalent

29.54 %

Apprenticeship trade certificate/diploma

4.19 %

College/non-university certificate

18.67 %

University certificate (below bachelor)

1.08 %

University Degree

22.87 %

Commuter

Travel To Work

By Car

69.83 %

By Public Transit

11.21 %

By Walking

14.81 %

By Bicycle

0.41 %

By Other Methods

3.74 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

63.94 %

Houses

36.06 %

Own Vs. Rent