536 CANNON Street East, Hamilton, Ontario L8L2E9
Listing courtesy of RE/MAX Escarpment Realty Inc..
- $679,900
- 5
- BD
- 4
- BA
- 2,107
- SqFt
- List Price
- $679,900
- MLS®
- 40837369
- Days on Market
- 48
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 2,107
- Subdivision
- 200 - Gibson/Stipley
Property Description
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. Call or message today for the proforma and more details! RSA. (id:5764)
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Additional Information
- Ownership
- Freehold
- Subdivision
- 200 - Gibson/Stipley
- Cooling
- Central air conditioning
- Country
- Canada
- Sewer
- Municipal sewage system
- Community Features
- Community Centre
- Heating
- Forced air, Natural gas
- Total Number Of Units
- 3
- Stories
- 2.5
