Key Facts
- MLS® #: 40787327
- Secondary MLS® #: X12542304
- Property ID: SIRC2959161
- Property Type: Residential, Single Family Detached
- Living Area¹: 2,397 sq.ft.
- Bedrooms: 6
- Bathrooms: 5+1
- Parking Spaces: 3
- Listed By:
- RE/MAX Escarpment Realty Inc.
Property Description
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.
Rooms
- TypeLevelDimensionsFlooring
- KitchenMain29' 6.3" x 32' 11.6"Other
- BathroomMain16' 8" x 13' 1.4"Other
- BedroomMain32' 11.6" x 32' 11.6"Other
- Living roomMain39' 4.4" x 26' 4.9"Other
- KitchenMain39' 5.2" x 26' 3.3"Other
- BedroomMain26' 5.7" x 42' 9.7"Other
- BathroomMain13' 3.8" x 26' 3.3"Other
- Kitchen With Eating Area2nd floor33' 6.3" x 32' 11.6"Other
- BedroomMain33' 4.5" x 42' 9.3"Other
- Living room2nd floor36' 4.6" x 33' 6.3"Other
- Bedroom2nd floor22' 11.5" x 33' 6.3"Other
- Bathroom2nd floor22' 11.5" x 16' 7.2"Other
- Kitchen With Eating Area2nd floor23' 3.1" x 32' 11.6"Other
- Bedroom2nd floor36' 3.4" x 32' 11.6"Other
- Bathroom2nd floor13' 1.4" x 16' 4.8"Other
- Kitchen3rd floor36' 4.6" x 36' 10.7"Other
- Bedroom3rd floor36' 4.6" x 26' 3.3"Other
- Living room3rd floor36' 4.6" x 36' 3"Other
- Bathroom3rd floor16' 6.8" x 16' 4.8"Other
Listing Agents
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Location
1367 Cannon Street E, Hamilton, Ontario, L8H 1W2 Canada
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