<-- style PDP --> 563 Cannon Street, Hamilton - Duplex for sale for $420,000
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  • for sale

563 Cannon Street

Hamilton, Ontario, L8L 2G2 - Gibson

$420,000

  • Neighbourhood

    Gibson

  • Major Intersection

    Cannon St E & Gibson Ave

  • Listed Since: 1 day(s)

  • Last update: today

Overview

  • Property Type

    Duplex, 2 1/2 Storey

  • Bedrooms

    3 + 2

  • Bathrooms

    3

  • Basement

    Sep Entrance

  • Kitchen

    2 + 1

  • Total Parking

    2

  • Lot Size

    24x100 (Feet)

  • Taxes

    $2,940.00 (2025)

  • Type

    Freehold

Property Description

Property description for 563 Cannon Street, Hamilton

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.

Listed by THE CANADIAN HOME REALTY INC.

  • MLS #

    X12975732

  • Sq. Ft

    1100-1500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    100+

  • Pool

    None

  • Drive

    Private

  • Garage

    None

  • Total Parking

    2

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Poured Concrete

  • Elevator

    N

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Window Unit

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Kitchen

    0.0 x 0.0 ft Main level

  • Living

    0.0 x 0.0 ft Main level

  • Dining

    0.0 x 0.0 ft Main level

  • Br

    0.0 x 0.0 ft Main level

  • Bathroom

    0.0 x 0.0 ft Main level

  • Kitchen

    0.0 x 0.0 ft Bsmt level

  • Bathroom

    0.0 x 0.0 ft Bsmt level

  • Br

    0.0 x 0.0 ft Bsmt level

  • Living

    0.0 x 0.0 ft Bsmt level

  • Den

    0.0 x 0.0 ft Main level

  • Kitchen

    0.0 x 0.0 ft Main level

  • Br

    0.0 x 0.0 ft 2nd level

  • Br

    0.0 x 0.0 ft 2nd level

  • Bathroom

    0.0 x 0.0 ft 2nd level

  • Living

    0.0 x 0.0 ft Main level

  • MLS #

    X12975732

  • Sq. Ft

    1100-1500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    100+

  • Pool

    None

  • Drive

    Private

  • Garage

    None

  • Total Parking

    2

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Poured Concrete

  • Elevator

    N

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Window Unit

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Kitchen

    0.0 x 0.0 ft Main level

  • Living

    0.0 x 0.0 ft Main level

  • Dining

    0.0 x 0.0 ft Main level

  • Br

    0.0 x 0.0 ft Main level

  • Bathroom

    0.0 x 0.0 ft Main level

  • Kitchen

    0.0 x 0.0 ft Bsmt level

  • Bathroom

    0.0 x 0.0 ft Bsmt level

  • Br

    0.0 x 0.0 ft Bsmt level

  • Living

    0.0 x 0.0 ft Bsmt level

  • Den

    0.0 x 0.0 ft Main level

  • Kitchen

    0.0 x 0.0 ft Main level

  • Br

    0.0 x 0.0 ft 2nd level

  • Br

    0.0 x 0.0 ft 2nd level

  • Bathroom

    0.0 x 0.0 ft 2nd level

  • Living

    0.0 x 0.0 ft Main level

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

Inventory Graph

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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