536 Cannon Street E, Hamilton, Ontario L8L 2E9

Listed for:
$724,900
5 beds
4 baths
Listed 29 days ago
House for rent: 536 Cannon Street E, Hamilton, Ontario L8L 2E9

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About

Cannon St E between Stirton St & Sanford Ave An exceptional opportunity in Hamilton’s Gibson/Stipley neighbourhood, just steps to downtown, this tastefully renovated century home offers over 2,100 sq ft of finished living space across three self-contained units, making it an ideal investment property generating $4,777.50 per month or an incredible multi-generational home for a large family. Configured as a legal duplex with an in-law suite, it delivers strong rental income potential with an estimated net cashflow of $975.65* per month OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down to an estimated $151* PER MONTH! Talk about affordability! Fully renovated in 2022, each unit features bright white kitchens with quartz countertops, stainless steel appliances, over-the-range microwaves, dishwashers, and the added convenience of in-suite laundry. Separate hydro meters allow for efficient utility management, enhancing tenant appeal and investor returns. The spacious unit mix includes a two-level 2-bedroom, 2-bathroom suite both levels with family rooms, a well-appointed 2-bedroom unit, and a 1-bedroom suite with a full 4-piece bath. Modernized bathrooms, a fenced backyard, and a fire escape for added safety complete the offering. Positioned steps to Tim Hortons Field, the Wentworth Stairs, public transit, and quick downtown Hamilton access, this turnkey property combines location, functionality, income and affordability in one compelling package. Don’t miss this rare opportunity to own a fully renovated multi-unit property with excellent house-hacking potential. Contact us today to schedule your private viewing or to learn more about what this property can do for you! RSA. (id:27476)

Property Highlights

MLS® Number
40813527
Type
Single Family
Ownership Type
Freehold
Land Size
under 1/2 acre

Building

Building Type
House
Storeys
2.50
Square Footage
2107 sqft
Bathrooms Total
4
Bedrooms Above Ground
4
Bedrooms Total
5
Amenities
Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Exterior Finish
Brick, Vinyl siding
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

Living room
Second level
9'11'' x 7'10''
Kitchen
Second level
9'4'' x 9'2''
Primary Bedroom
Second level
13'2'' x 10'0''
Bedroom
Second level
11'6'' x 9'4''
4pc Bathroom
Second level
Measurements not available
4pc Bathroom
Third level
Measurements not available
Primary Bedroom
Third level
13'2'' x 12'8''
Kitchen/Dining room
Third level
12'8'' x 9'2''
Recreation room
Basement
27'4'' x 21'0''
Bedroom
Basement
11'10'' x 10'5''
3pc Bathroom
Basement
Measurements not available
Storage
Basement
21'0'' x 7'6''
Living room
Main level
10'5'' x 10'4''
Primary Bedroom
Main level
12'0'' x 8'10''
4pc Bathroom
Main level
Measurements not available
Kitchen
Main level
13'7'' x 10'8''

Location

Learn more about this property
Listing provided by:
RE/MAX Escarpment Realty Inc.
MLS® number:
40813527
Agent:
Tiffany Funke
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Street Spotlight - For sale