1363 - 1367 Cannon Street E, Hamilton, Ontario L8H 1W2

Listed for:
$799,990
0 beds
0 baths
Listed 357 days ago
Multi-Family for rent: 1363 - 1367 Cannon Street E, Hamilton, Ontario L8H 1W2

View all 49 photos

Learn more about this property
Listing provided by:
RE/MAX Escarpment Realty Inc.
MLS® number:
H4163431
Agent:
Michael Wotherspoon
*Indicates required field
Name is required
Email is required

About

URBAN INVESTORS DELIGHT, Multiplex - Triplex!!! First time offered for sale in over 4O years_ Welcome to 1363-1367 Cannon ST. E zoned as a Triplex (323) offering 2397 sq ft with 5 self-contained units and parking for 3 cars. The first floor offers 2 units - Unit 1 provides a kitchen, living room, bedroom, and 4 pc bath. Unit 2 features a kitchen, living room, bedroom, 4 pc bath, and 2 pc bath. The second floor also features 2 units. Unit 3 is presently vacant and provides a kitchen, living room, bedroom, and 4 pc bath. Unit 4 offers a kitchen, bedroom, and 4 pc bath. The third floor provides unit 5 offering a kitchen, living room, bedroom, and 4 pc bath. Additional features include a utility room and storage in the basement, and a high walk score with everything within walking distance, including Center Mall and trendy Ottawa St. This is an excellent investment opportunity in a desirable location, get your piece of Hamilton well it's still attainable. 16Ok a door with potential for much more!!! (id:27476)

Property Highlights

Type
Multi-Family
Cooling type
Central air conditioning
Heating fuel
Natural gas
Fireplace
No
Construction material
Brick
Parking space
3
Ownership Type
Amenities nearby

Location

Summary

Offered for the first time in over 40 years, 1363-1367 Cannon St. E is a multiplex-triplex property that is a great opportunity for investors. With a total of 2397 sq ft, this property is zoned as a Triplex (323) and consists of 5 self-contained units with parking space for 3 cars.

The first floor of the property comprises 2 units, each with its own set of amenities. Unit 1 includes a kitchen, living room, bedroom, and a 4 pc bath, while Unit 2 features a kitchen, living room, bedroom, a 4 pc bath, and a 2 pc bath. Moving up to the second floor, there are 2 more units. Unit 3, which is currently vacant, offers a kitchen, living room, bedroom, and a 4 pc bath. Unit 4 has a kitchen, bedroom, and a 4 pc bath. The third floor houses unit 5, which includes a kitchen, living room, bedroom, and a 4 pc bath. Additionally, the property features a utility room and storage in the basement, and is conveniently located within walking distance to Center Mall and Ottawa St.

This property presents an excellent investment opportunity in a sought-after location in Hamilton. Priced at 160k per door, there is potential for even greater returns. With a high walk score and close proximity to amenities, this property is a desirable investment in Hamilton.

Details about the property for sale include a land size of 25 x|under 1/2 acre, located at 1363-1367 Cannon Street E in the city of Hamilton, Ontario, with a postal code of L8H1W2. The architectural style is Multi-Unit, with an unfinished basement and a detached building construction style. Cooling is provided by central air conditioning, and the exterior finish is brick. The property uses natural gas as a heating fuel, with forced air heating. It consists of 2 stories and is classified as a Multi-Family property.