536 Cannon Street E
Just listed! New listings in Hamilton often receive offers within the first week.
About this home
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. RSA.
Rooms
| Kitchen | 4.14 × 3.25 m | |
| Living Room | 3.17 × 3.15 m | |
| Primary Bedroom | 3.66 × 2.69 m | |
| Bathroom | 0.00 × 0.00 m | 4 Pc Bath |
| Living Room | 3.02 × 2.39 m | |
| Kitchen | 2.84 × 2.79 m | |
| Primary Bedroom | 4.01 × 3.05 m | |
| Bedroom | 3.51 × 2.84 m | |
| Bathroom | 0.00 × 0.00 m | 4 Pc Bath |
| Kitchen | 3.86 × 2.79 m | |
| Primary Bedroom | 4.01 × 3.86 m | Combined w/Laundry |
| Bathroom | 0.00 × 0.00 m | 4 Pc Bath |
| Recreation | 8.33 × 6.40 m | |
| Bedroom | 3.61 × 3.17 m | |
| Bathroom | 0.00 × 0.00 m | 3 Pc Bath |
| Utility Room | 6.40 × 2.29 m |
Features
- Carpet Free
- In-Law Suite
- Primary Bedroom - Main Floor
- Separate Hydro Meter
- Finished
- Full
- Separate Entrance
- Central Air
- 2 1/2 Storey
Financials
Estimated Rental Income
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Hamilton
Based on active listings in Hamilton. Data updates daily.
Demographics — Hamilton
Our estimate for this home
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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