$950,000
Available - For Sale
Listing ID: X11920673
59 Cannon Stre West , Hamilton, L8R 2B4, Hamilton


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 $950,000
Taxes: $5311.19
Occupancy: Vacant
Address: 59 Cannon Stre West , Hamilton, L8R 2B4, Hamilton
Acreage: < .50
Directions/Cross Streets: Park St
Rooms: 14
Bedrooms: 5
Bedrooms +: 0
Family Room: F
Basement: Apartment, Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 12.4 12.4
Room 2 Main Bedroom 13.64 10.14
Room 3 Main Bedroom 2 14.24 10.82
Room 4 Main Kitchen
Room 5 Second Living Ro 14.66
Room 6 Second Kitchen
Room 7 Second Bedroom 11.25 12.99
Room 8 Second Bedroom 2 9.25 16.99
Room 9 Third Living Ro 19.32 11.58
Room 10 Third Kitchen
Room 11 Third Loft 15.84 10.92
Room 12 Basement Recreatio 19.25 16.83
Washroom Type No. of Pieces Level
Washroom Type 1 3 Basement
Washroom Type 2 4 Main
Washroom Type 3 4 Second
Washroom Type 4 3 Third
Washroom Type 5 3 Flat
Total Area: 0.00
Approximatly Age: 100+
Property Type: Multiplex
Style: 2 1/2 Storey
Exterior: Brick, Metal/Steel Sidi
Garage Type: None
(Parking/)Drive: Private Tr
Drive Parking Spaces: 3
Park #1
Parking Type: Private Tr
Park #2
Parking Type: Private Tr
Pool: None
Other Structures: Aux Residences
Approximatly Age: 100+
Approximatly Square Footage: 2000-2500
Property Features: Arts Centre, Hospital
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC.
Personal Picture
Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
 
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At a Glance:
Type: Freehold - Multiplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Strathcona
Style: 2 1/2 Storey
Lot Size: x 50.77(Feet)
Approximate Age: 100+
Tax: $5,311.19
Maintenance Fee: $0
Beds: 5
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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