<-- style PDP --> 536 Cannon Street, Hamilton - Detached for sale for $724,900
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536 Cannon Street

Hamilton, Ontario, L8L 2E9 - Gibson

$724,900

  • Neighbourhood

    Gibson

  • Major Intersection

    STIRTON ST

  • Listed Since: 2 day(s)

  • Last update: today

Overview

  • Property Type

    Detached, 2 1/2 Storey

  • Bedrooms

    5

  • Bathrooms

    4

  • Basement

    Finished + Full

  • Kitchen

    3

  • Total Parking

    n/a

  • Lot Size

    25.5x80 (Feet)

  • Taxes

    $4,792.44 (2026)

  • Type

    Freehold

Property Description

Property description for 536 Cannon Street, Hamilton

An exceptional opportunity in Hamilton's Gibson/Stipley neighbourhood, just steps to downtown, this tastefully renovated century home offers over 2,100 sq ft of finished living space across three self-contained units, making it an ideal investment property generating $4,777.50 per month or an incredible multi-generational home for a large family. Configured as a legal duplex with an in-law suite, it delivers strong rental income potential with an estimated net cashflow of $975.65* per month OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down to an estimated $151* PER MONTH! Talk about affordability! Fully renovated in 2022, each unit features bright white kitchens with quartz countertops, stainless steel appliances, over-the-range microwaves, dishwashers, and the added convenience of in-suite laundry. Separate hydro meters allow for efficient utility management, enhancing tenant appeal and investor returns. The spacious unit mix includes a two-level 2-bedroom, 2-bathroom suite both levels with family rooms, a well-appointed 2-bedroom unit, and a 1-bedroom suite with a full 4-piece bath. Modernized bathrooms, a fenced backyard, and a fire escape for added safety complete the offering. Positioned steps to Tim Hortons Field, the Wentworth Stairs, public transit, and quick downtown Hamilton access, this turnkey property combines location, functionality, income and affordability in one compelling package. RSA.

Listed by RE/MAX ESCARPMENT REALTY INC.

  • MLS #

    X13016214

  • Sq. Ft

    1500-2000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Street Only

  • Garage

    None

  • Total Parking

    0

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Rolled

  • Foundation

    Concrete Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Kitchen

    4.14 x 3.25 ft Main level

  • Living

    3.17 x 3.15 ft Main level

  • Primary

    3.66 x 2.69 ft Main level

  • Bathroom

    0.0 x 0.0 ft Main level

    4 Pc Bath

  • Rec

    8.33 x 6.4 ft Bsmt level

  • Br

    3.61 x 3.17 ft Bsmt level

  • Bathroom

    0.0 x 0.0 ft Bsmt level

    3 Pc Bath

  • Utility

    6.4 x 2.29 ft Bsmt level

  • Living

    3.02 x 2.39 ft 2nd level

  • Kitchen

    2.84 x 2.79 ft 2nd level

  • Primary

    4.01 x 3.05 ft 2nd level

  • Br

    3.51 x 2.84 ft 2nd level

  • Bathroom

    0.0 x 0.0 ft 2nd level

    4 Pc Bath

  • Kitchen

    3.86 x 2.79 ft 3rd level

  • Primary

    4.01 x 3.86 ft 3rd level

    Combined W/Laundry

  • Bathroom

    0.0 x 0.0 ft 3rd level

    4 Pc Bath

  • MLS #

    X13016214

  • Sq. Ft

    1500-2000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Street Only

  • Garage

    None

  • Total Parking

    0

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Rolled

  • Foundation

    Concrete Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Kitchen

    4.14 x 3.25 ft Main level

  • Living

    3.17 x 3.15 ft Main level

  • Primary

    3.66 x 2.69 ft Main level

  • Bathroom

    0.0 x 0.0 ft Main level

    4 Pc Bath

  • Rec

    8.33 x 6.4 ft Bsmt level

  • Br

    3.61 x 3.17 ft Bsmt level

  • Bathroom

    0.0 x 0.0 ft Bsmt level

    3 Pc Bath

  • Utility

    6.4 x 2.29 ft Bsmt level

  • Living

    3.02 x 2.39 ft 2nd level

  • Kitchen

    2.84 x 2.79 ft 2nd level

  • Primary

    4.01 x 3.05 ft 2nd level

  • Br

    3.51 x 2.84 ft 2nd level

  • Bathroom

    0.0 x 0.0 ft 2nd level

    4 Pc Bath

  • Kitchen

    3.86 x 2.79 ft 3rd level

  • Primary

    4.01 x 3.86 ft 3rd level

    Combined W/Laundry

  • Bathroom

    0.0 x 0.0 ft 3rd level

    4 Pc Bath

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 536 Cannon Street, Hamilton

This property has been sold 3 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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10 9 8 7 6 5 4 3 2 1 0 10+ Months of inventory SELLER'S Market BALANCED Market BUYER'S Market

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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