$679,900
 $3,650 est/mo Sourced by Back At You

536 Cannon Street E,Hamilton, ON L8L2E9

Hamilton, ON L8L2E9

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Description

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. Call or message today for the proforma and more details! RSA. (id:374)

Details

MLS #40837374
Listing TypeFor Sale
StyleHouse
StatusActive
Days On Site73
Listing Provided ByRE/MAX Escarpment Realty Inc. | Tiffany Funke

Features

Bed(s)5
Bath(s) 4 Total
SQ Feet2,107
BasementY
Story(s)2
ZoningD

Taxes

Tax Annual Amount4792.44

Area Information

ProvinceON
CityHamilton
Postal CodeL8L2E9
Community Name200 Gibson/Stipley
Listing VS Median (in 200 Gibson/Stipley)
Price:
$679,900
low | high
Med:
$419,900
88.240917782027% of Average
sqft:
2,107
low | high
Med:
2,400
36.09397247271% of Average
$ / sqft:
$323
low | high
Med:
$175
95.780672402804% of Average
On site:
73
low | high
Med:
100
73% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityHamilton
Postal CodeL8L2E9
Community Name200 Gibson/Stipley
Listing VS Median (in 200 Gibson/Stipley)
Price:
$679,900
low | high
Med:
$419,900
88.240917782027% of Average
sqft:
2,107
low | high
Med:
2,400
36.09397247271% of Average
$ / sqft:
$323
low | high
Med:
$175
95.780672402804% of Average
On site:
73
low | high
Med:
100
73% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $509K - $849K
sqft: 1,500 - 2,500
Listing Updated: July 9, 2026 at 2:38:06 PM PDT