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$689,999
Ontario,Hamilton
For Sale Active
1367 CANNON Street E, Hamilton, Ontario L8H1W2
  • 2,397 Sqft
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Basic Details
Description

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:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 40787650
  • Price: $689,999
  • Square Footage: 2,397 Sqft
  • Status: Active
  • Office Name: RE/MAX Escarpment Realty Inc.
  • Property Sub Type: Multi-family
  • Office Key: 284640
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Wall unit
  • Basement: Full, Unfinished
  • Exterior Features: Brick
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Hamilton, 201 - Crown Point, L8H1W2
  • Street: CANNON
  • Street Number: 1367
  • Street Suffix: Street
  • Longitude: W80° 11' 24.4''
  • Latitude: N43° 14' 45.4''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Number Of Units Total: 5
  • Stories: 2.0
Financial
  • Tax Annual Amount: 3621.41
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Listing updated: 2025-12-08 05:39:05
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Listing Information
  • List Agent Key: 1985836
  • List Office Key: 284640
  • Modification Timestamp: 2025-11-12T06:05:58Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2025-11-12T05:59:53Z
Powered by REALTOR.ca
Listing updated: 2025-12-08 05:39:05
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