536 Cannon Street E, Hamilton, ON

$679,900

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5

Beds

4

Baths

1,500

Square feet

About 536 Cannon Street E

An exceptional investment opportunity in Hamilton's Gibson/Stipley neighbourhood, this fully renovated multi-residential property offers strong cash flow potential and stable, reliable income from day one! OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down. Talk about affordable! Configured as a legal duplex with an additional self-contained in-law suite, the property features three well-maintained suites with quality finishes throughout, including updated kitchens, modern bathrooms, and in-suite laundry in each unit. Separate hydro meters provide efficient expense management and added appeal for investors. Currently tenanted by long-term occupants who are easy to manage, communicative, and paying at or slightly above market rents, this is a true turnkey asset with minimal operational overhead. Ideally located close to downtown Hamilton, transit, and key amenities, the property benefits from consistent rental demand in a high-growth area. A prime addition to any real estate portfolio, offering both immediate income and long-term appreciation potential. RSA.

Features of 536 Cannon Street E

MLS® # X13417632
Price $679,900
Bedrooms 5
Bathrooms 4.00
Square Footage 1500-2000
Type Residential Freehold
Sub-Type Duplex
Style 2 1/2 Storey
Status Active

Community Information

Address 536 Cannon Street E
Area Hamilton
Subdivision Gibson
City Hamilton
Province ON
Postal Code L8L 2E9

Amenities

Garages Other
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling Central Air
Fireplace No
Basement Finished, Full, Separate Entrance

Exterior

Exterior Brick, Vinyl Siding

Listing Details

OfficeRE/MAX ESCARPMENT REALTY INC.

Listing Map