1367 Cannon Street E, Hamilton ON

About 1367 Cannon Street E

Welcome to 1363-1367 Cannon St. E, an exceptional investment opportunity that hasn’t been available for over 40 years. This well-maintained property offers 2397 sq ft of living space and is zoned as a Triplex (323), featuring 5 self-contained units in total. Situated in a highly desirable area with a high walk score, the location is unbeatable. Within walking distance, you ll find the bustling Center Mall, trendy Ottawa Street, and a variety of amenities, making this property incredibly convenient for tenants. The building consists of three floors, with each unit offering a functional layout. The first floor contains 2 units: Unit 1 features a kitchen, living room, bedroom, and a 4-piece bathroom, while Unit 2 offers a similar setup but also includes an additional 2-piece bath. The second floor has 2 more units: Unit 3, which is currently vacant and ready for new tenants, includes a kitchen, living room, bedroom, and 4-piece bath, while Unit 4 has a kitchen, bedroom, and 4-piece bath. The third floor features Unit 5, with a kitchen, living room, bedroom, and 4-piece bath, providing additional rental income potential. The property also includes a utility room and storage space in the basement, offering added convenience. With parking for 3 cars, tenants will enjoy the practicality of dedicated parking spaces in a busy neighborhood. This is an excellent opportunity for investors seeking a property that offers solid income potential in a highly sought-after location. After being under the same ownership for over four decades, this property is now available for the first time, offering a rare chance to capitalize on its long-term value. (id:56071). Get more information on 1367 Cannon Street E

Property Features

Features:  Paved driveway
Rental Equipment:  Water Heater
Directions:  FOLLOW CANNON ST E UNTIL ROBINS AVE
Zoning Description:  D
Interior Size (Approximate):  2397 sqft
Lot (Approximate):  under 1/2 acre
Exterior Finish:  Brick
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / Wall unit
Age (Approximate): 
Foundation: Block
Basement:  Full (Unfinished) Unfinished

Rooms & Sizes

(Approximate)

4pc Bathroom Second level 5 x 4	Bedroom Second level 10 5 x 11 6	Eat in kitchen Second level 10 5 x 7 9
4pc Bathroom Second level 5 6 x 7	Bedroom Second level 10 6 x 7 1	Living room Second level 10 6 x 11 9
Eat in kitchen Second level 10 5 x 10 6	4pc Bathroom Third level 5 x 5 5	Bedroom Third level 8 1 x 11 9
Living room Third level 11 5 x 11 9	Kitchen Third level 11 1 x 11 9	Storage Basement 1 x 1
Utility room Basement 1 x 1	2pc Bathroom Main level 1 x 1	Bedroom Main level 13 4 x 10 7
3pc Bathroom Main level 8 1 x 4 6	Bedroom Main level 13 5 x 8 7	Kitchen Main level 8 1 x 12 2
4pc Bathroom Main level 4 x 5 8	Bedroom Main level 10 5 x 10 5