1367 Cannon Street E, Hamilton, ON, L8H 1W2

$689,999

MLS® # 40787327

House For Sale In Crown Point East, Hamilton, Ontario

$689,999

  • 6

    Bedrooms

  • 6

    Baths

  • 3

    Parking Spaces

Property Information:

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.

Inclusions: None

Building Features:

  • Floor Space: 2397 Square Feet

Property Features:

  • Bedrooms: 6
  • Bathrooms: 5+1
  • Acres Range: < 0.5
  • Architectural Style: 2.5 Storey
  • Basement: Separate Entrance, Full, Unfinished
  • Construction Materials: Brick
  • Cooling: Wall Unit(s)
  • Driveway Parking: Private Drive Double Wide
  • Floor Space (approx): 2397 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: None
  • Lot Features: Urban, Rectangular, Park, Public Transit
  • Lot Frontage: 25.00 Feet
  • Parking Features: Asphalt
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: D
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Rooms:

  • Kitchen Main Level 3.17 X 2.77
  • Bathroom Main Level 1.22 X 1.73
  • Bedroom Main Level 3.17 X 3.17
  • Living Main Level 2.57 X 3.68
  • Kitchen Main Level 2.46 X 3.71
  • Bedroom Main Level 4.09 X 2.62
  • Bathroom Main Level 2.46 X 1.37
  • Eat-in Kitchen 2nd Level 3.17 X 3.20
  • Bathroom Main Level 0.30 X 0.30
  • Bedroom Main Level 4.06 X 3.23
  • Living 2nd Level 3.20 X 3.58
  • Bedroom 2nd Level 3.20 X 2.16
  • Bathroom 2nd Level 1.68 X 2.13
  • Eat-in Kitchen 2nd Level 3.17 X 2.36
  • Bedroom 2nd Level 3.17 X 3.51
  • Bathroom 2nd Level 1.52 X 1.22
  • Kitchen 3rd Level 3.38 X 3.58
  • Bedroom 3rd Level 2.46 X 3.58
  • Living 3rd Level 3.48 X 3.58
  • Bathroom 3rd Level 1.52 X 1.65
  • Utility Basement Level 0.30 X 0.30
  • Storage Basement Level 0.30 X 0.30

Courtesy of: RE/MAX Escarpment Realty Inc.

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Additional Photos