59 CANNON Street, Hamilton, Ontario L8R2B4 is For Sale and has a listing price of 1,049,000. The property is located in the neighbourhood. It's been on the website for 45 Days.
Ideal investor Opportunity in Prime West Hamilton This vacant, income-generating property offers a rare chance to own a multi-residential / commercial investment in one of Hamilton’s most vibrant and sought-after neighborhoods. Featuring 4 self-contained residential units, each with separate entrances, and a detached commercial office, this charming character home offers a total of 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 office unit with a kitchenette and 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 Street’s diners, boutiques, and the local farmers’ market, this property benefits from an unbeatable location. Tenants will love the proximity to Bayfront Park, King William’s 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. Note: There is a variance between the frontage recorded on the deed and the survey—buyers are advised to verify. This is an exceptional opportunity to invest in a high-demand location with strong rental appeal. Don’t wait—unlock the potential of this unique property today! (id:43137)
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 01/07/2025 | 40688351 | $1,049,000 | For Sale | - | - |
