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Royal LePage
Royal LePage
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$689,999

6 Beds

9 Baths

2000 - 2500 FEETSQ

QuickQuoteTM: Not Available

Hamilton ON, L8H 1W2

MLS® # X12542304

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. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Air Conditioning: Yes
  • Basement Development: Unfinished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Window air conditioner
  • Appliances: All, Window Coverings

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 6
  • Bathrooms: 9
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 25.0 Feet
  • Lot Size: 25 x 100 FT
  • Utility Type: Cable - Installed, Sewer - Installed, Hydro - Installed
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Rooms:

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

Convert Measurement to:


Courtesy of: RE/MAX ESCARPMENT REALTY INC.

REALTOR.ca  

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Location of 1367 CANNON STREET E, Hamilton, Ontario, L8H 1W2

Demographic Information of 1367 CANNON STREET E, Hamilton, Ontario, L8H 1W2

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,791.46

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.07 %

High school certificate or equivalent

33.44 %

Apprenticeship trade certificate/diploma

5.96 %

College/non-university certificate

23.07 %

University certificate (below bachelor)

0.59 %

University Degree

12.88 %

Commuter

Travel To Work

By Car

76.95 %

By Public Transit

14.15 %

By Walking

5.37 %

By Bicycle

0.56 %

By Other Methods

2.97 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

8.01 %

Houses

91.99 %

Own Vs. Rent

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