536 CANNON STREET E, Hamilton, Ontario, L8L 2E9

$679,900

MLS® # X13417632

Investment For Sale In Gibson, Hamilton, Ontario

$679,900

Property Information:

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. RSA. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Finished
  • Basement Type: N/A, Full, N/A
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Microwave, Stove, Washer, Window Coverings, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 4
  • Amenities Nearby: Park, Public Transit, Schools
  • Features: Carpet Free
  • Fence Type: Fenced yard
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 80 Feet
  • Lot Frontage: 25.5 Feet
  • Lot Size: 25.5 x 80 FT
  • Sewer: Sanitary sewer
  • Parking Type: Other, No Garage, Street

Rooms:

  • Primary Bedroom 2nd Level 4.01 m x 3.05 m
  • 2nd Bedroom 2nd Level 3.51 m x 2.84 m
  • Bathroom 2nd Level Measurements not available
  • Living 2nd Level 3.02 m x 2.39 m
  • Kitchen 2nd Level 2.84 m x 2.79 m
  • Kitchen 3rd Level 3.86 m x 2.79 m
  • Primary Bedroom 3rd Level 4.01 m x 3.86 m
  • Bathroom 3rd Level Measurements not available
  • Recreation Room Basement Level 8.33 m x 6.40 m
  • 2nd Bedroom Basement Level 3.61 m x 3.17 m
  • Bathroom Basement Level Measurements not available
  • Utility Basement Level 6.40 m x 2.29 m
  • Kitchen Main Level 4.14 m x 3.25 m
  • Living Main Level 3.17 m x 3.15 m
  • Primary Bedroom Main Level 3.66 m x 2.69 m
  • Bathroom Main Level Measurements not available

Courtesy of: RE/MAX ESCARPMENT REALTY INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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