59 Cannon Street W Hamilton (Strathcona), Ontario L8R 2B4
$950,000
Ideal investor Opportunity in Prime West Hamilton This vacant, income-generating property offers a rare chance to own a multi-residential investment in one of Hamilton's most vibrant and sought-after neighborhoods. Featuring 5 self-contained units, each with separate entrances, this charming character home offers over 3,250 sq ft of finished living space and significant income potential. The unit breakdown includes: Main Floor: Spacious 2-bedroom unit (potential for a 3rd bedroom), kitchen, and 3-piece bath. Second Floor: 2-bedroom unit with kitchen and 4-piece bath. Two 1-Bedroom units Units: Each is a 1-bedroom unit with its own kitchen and 3-piece bath. One Additional Detached unit: This is a large bachelor unit with a 3-piece bath. The property also includes 3 separate hydro meters, 2 hot water heaters, and a new H/E boiler for efficient heating. Situated steps from James Streets diners, boutiques, and the local farmers' market, this property benefits from an unbeatable location. Tenants will love the proximity to Bayfront Park, King Williams bustling restaurants, and the convenience of amenities like a walk-in clinic, pharmacy, dentists, and local grocers all right outside the doorstep. For commuters, the property is just minutes from Highway 403, offering easy access to Toronto and surrounding areas. The area also boasts plenty of nightlife, bars, a cinema/movie theatre, and is steps away from the up-and-coming sports venue. (id:49269)
Property Details
| MLS® Number | X11920673 |
| Property Type | Multi-family |
| Community Name | Strathcona |
| AmenitiesNearBy | Hospital, Park, Place Of Worship, Public Transit |
| CommunityFeatures | Community Centre |
| EquipmentType | Water Heater |
| Features | Level |
| ParkingSpaceTotal | 3 |
| RentalEquipmentType | Water Heater |
| Structure | Porch |
Building
| BathroomTotal | 5 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| Age | 100+ Years |
| BasementFeatures | Apartment In Basement, Separate Entrance |
| BasementType | N/a |
| CoolingType | Window Air Conditioner |
| ExteriorFinish | Brick, Steel |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 2000 - 2500 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Hospital, Park, Place Of Worship, Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 50 Ft ,9 In |
| SizeFrontage | 75 Ft ,7 In |
| SizeIrregular | 75.6 X 50.8 Ft |
| SizeTotalText | 75.6 X 50.8 Ft|under 1/2 Acre |
| ZoningDescription | D4 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 4.47 m | 4.47 m x Measurements not available | |
| Second Level | Kitchen | Measurements not available | ||
| Second Level | Bedroom | 3.43 m | 3.96 m | 3.43 m x 3.96 m |
| Second Level | Bedroom 2 | 2.82 m | 5.18 m | 2.82 m x 5.18 m |
| Third Level | Loft | 4.83 m | 3.33 m | 4.83 m x 3.33 m |
| Third Level | Living Room | 5.89 m | 3.53 m | 5.89 m x 3.53 m |
| Third Level | Kitchen | Measurements not available | ||
| Basement | Recreational, Games Room | 5.87 m | 5.13 m | 5.87 m x 5.13 m |
| Main Level | Living Room | 3.78 m | 3.78 m | 3.78 m x 3.78 m |
| Main Level | Bedroom | 4.16 m | 3.09 m | 4.16 m x 3.09 m |
| Main Level | Bedroom 2 | 4.34 m | 3.3 m | 4.34 m x 3.3 m |
| Main Level | Kitchen | Measurements not available |
https://www.realtor.ca/real-estate/27795670/59-cannon-street-w-hamilton-strathcona-strathcona
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April 08 2025 08:13:28
Toronto Real Estate Board
RE/MAX Escarpment Realty Inc.