574 Cannon Street E Hamilton, Ontario L8L 2G4
$749,900
Turnkey Multi Family Investment Opportunity in the Heart of Hamilton! An exceptional opportunity to own a fully renovated 3-Unit, cash-flowing multi-unit property in Downtown Hamilton! This investment boasts modern finishes, strong rental income, and minimal maintenance, making it a prime investment for any savvy buyer. SUITE MIX: 1 x 2-Bedroom Unit and 2 x 1-Bedroom Units All units updated within the last 3 years featuring modern finishes such as Quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes, and brand-new bathrooms. 2 of the 3 units feature private laundry for tenant convenience! Rent roll as such; Unit 1 (second floor): $1,695/month + Hydro, Unit 2 (Main floor): $1,600/month + Hydro and Unit 3 (Basement): $1,057/month (All-Inclusive). A sought-after area attracting young professionals and long-term tenants! Buyer to conduct their own due diligence regarding zoning. (id:61015)
Property Details
| MLS® Number | X12047702 |
| Property Type | Multi-family |
| Neigbourhood | Gibson |
| Community Name | Gibson |
| Features | In-law Suite |
| Parking Space Total | 2 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Age | 51 To 99 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (finished) |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick, Stone |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft |
| Size Frontage | 24 Ft |
| Size Irregular | 24 X 100 Ft |
| Size Total Text | 24 X 100 Ft |
https://www.realtor.ca/real-estate/28088087/574-cannon-street-e-hamilton-gibson-gibson
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April 21 2025 09:42:26
Toronto Regional Real Estate Board
Keller Williams Complete Realty