House for Sale in Hamilton
574 Cannon Street E, Hamilton, ON
- 3+1 BEDS
- 3 BATHS
- 1,800 sq.ft. Home
Key Facts
- MLS® #: 40708840
- Property ID: SIRC2338118
- Property Type: Residential, Single Family Detached
- Living Space: 1,800 sq.ft.
- Bedrooms: 3+1
- Bathrooms: 3
- Parking Spaces: 2
- Listed By:
- Keller Williams Complete Realty
Property Description
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.
Rooms
- TypeLevelDimensionsFlooring
- BathroomMain4' 11.8" x 7' 4.1"Other
- Living roomMain11' 3.8" x 9' 8.9"Other
- Kitchen With Eating AreaMain11' 3.8" x 9' 6.1"Other
- Primary bedroomMain12' 9.4" x 12' 9.4"Other
- Kitchen2nd floor12' 11.9" x 18' 11.9"Other
- Bathroom2nd floor6' 4.7" x 6' 2"Other
- Primary bedroom2nd floor10' 7.8" x 12' 9.4"Other
- Bedroom3rd floor10' 11.8" x 12' 11.9"Other
- Storage3rd floor4' 11.8" x 12' 11.9"Other
- KitchenBasement10' 2.8" x 14' 9.9"Other
- Primary bedroomBasement6' 3.1" x 12' 6"Other
Listing Agents
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Location
574 Cannon Street E, Hamilton, Ontario, L8L 2G4 Canada
Around this property
Information about the area within a 5-minute walk of this property.
- 25.05% 20 to 34 years
- 20.79% 35 to 49 years
- 18.04% 50 to 64 years
- 7.69% 65 to 79 years
- 7.38% 10 to 14 years
- 6.76% 5 to 9 years
- 6.52% 15 to 19 years
- 5.86% 0 to 4 years
- 1.9% 80 and over
- Households in the area are:
- 56.34% Single family
- 33.97% Single person
- 9.01% Multi person
- 0.68% Multi family
- $83,498 Average household income
- $36,574 Average individual income
- People in the area speak:
- 76.45% English
- 4.2% Somali
- 4.14% English and non-official language(s)
- 3.34% Vietnamese
- 3.09% Arabic
- 2.79% Spanish
- 2.54% Portuguese
- 1.3% French
- 1.3% Italian
- 0.84% Yue (Cantonese)
- Housing in the area comprises of:
- 42.39% Single detached
- 23.37% Apartment 1-4 floors
- 15.15% Duplex
- 9.43% Apartment 5 or more floors
- 5.34% Semi detached
- 4.32% Row houses
- Others commute by:
- 15.89% Public transit
- 7.17% Foot
- 3.54% Other
- 1.07% Bicycle
- 33.38% Did not graduate high school
- 29.76% High school
- 18.68% College certificate
- 10.48% Bachelor degree
- 5.41% Trade certificate
- 2.15% Post graduate degree
- 0.15% University certificate
- The average air quality index for the area is 2
- The area receives 306.71 mm of precipitation annually.
- The area experiences 7.39 extremely hot days (32.08°C) per year.
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- Principal and Interest $3,661 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a