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Maria Tompson
Your Company Name , Brokerage
Independently owned and operated.
416-548-7854 sales@bestforagents.com

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$689,999
Available - For Sale
Listing ID: X12542304
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.
Price $689,999
Taxes: $3,621.41
Occupancy by: Tenant
Address: 1367 Cannon Street East , Hamilton, L8H 1W2, Hamilton
Directions/Cross Streets: ROBINS AVE/CANNON ST
Rooms: 20
Rooms +: 2
Bedrooms: 6
Bedrooms +: 0
Washrooms: 9
Family Room: T
Basement: Full
Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 10.40 9.09
Room 2: Main Living Ro 8.43 12.07
Room 3: Main Bedroom 10.40 10.40
Room 4: Main Bathroom 4.00 5.67 4 Pc Bath
Room 5: Main Kitchen 8.07 12.17
Room 6: Main Bedroom 13.42 8.59
Room 7: Main Bathroom 8.07 4.49 3 Pc Bath
Room 8: Main Bedroom 13.32 10.59
Room 9: Main Bathroom 0.98 0.98 2 Pc Bath
Room 10: Second Kitchen 10.40 10.50 Eat-in Kitchen
Room 11: Second Living Ro 10.50 11.74
Room 12: Second Bedroom 10.50 7.08
Room 13: Second Bathroom 5.51 6.99 4 Pc Bath
Room 14: Second Kitchen 10.40 7.74 Eat-in Kitchen
Room 15: Second Bedroom 10.40 11.51
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  3 Main
Washroom 3:  4 Second
Washroom 4:  4 Second
Washroom 5:  4 Third
Washroom 6:  4 Main
Washroom 7:  3 Main
Washroom 8:  4 Second
Washroom 9:  4 Second
Washroom 10:  4 Third
Property Type: Detached
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 3
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Square Footage: 2000-2500
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
Utilities-Cable: Y
Utilities-Hydro: Y
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RE/MAX ESCARPMENT REALTY INC.

1367 Cannon Street East , Hamilton, L8H 1W2, Hamilton


 
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