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$ 420,000
Est. payment /mo
Active
563 Cannon ST E Hamilton, ON L8L 2G2
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Gibson
MLS Listing ID X12975732
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $2,940
Tax Year 2025
Property Sub-Type Duplex
Property Description
Attention investors, contractors, and renovators. Opportunity to acquire a property at 563Cannon St E in the Gibson area of Hamilton currently configured as a duplex with two self contained units. Each unit offers 2 bedrooms, separate kitchens, individual hydro meters, separate breaker panels, and two furnaces servicing the property. Unit 1: Main Floor and 2nd Floor. 2 Bedrooms 1 Bathroom 1 KitchenUnit 2: Main Floor and Lower. 1 Bedroom Above Grade, 1 bedroom Below, a large Den, 2 Kitchens(1 Above Grade, 1 Below Grade)The upper unit is in relatively clean condition with a bright and functional layout. The lowerunit spans part of the main floor and basement and requires cleaningPrevious rents were $1,470/month (upper) and $870/month (lower), offering strong upsidepotential for those looking to renovate and reposition the asset.Property is tenanted and access may be limited due to tenancy and site conditions.Property is being sold strictly in "as is, where is" condition. Seller makes norepresentations or warranties with respect to the property, its condition, retrofit status, orlegality of use. Buyers to conduct their own due diligence.
Location
Province ON
County Hamilton
Area Hamilton
Rooms
Family Room No
Basement Separate Entrance
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Separate Heating Controls, Separate Hydro Meter
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 24.0
Lot Depth 100.0
Total Parking Spaces 2
Building
Building Age 100+
Foundation Poured Concrete
Others
ParcelsYN No
Listed by THE CANADIAN HOME REALTY INC.