59 CANNON Street W 101 - Strathcona Central North, Hamilton, Ontario, CA

Address: 59 CANNON Street W, Hamilton, Ontario

6 Beds5 Baths2849 sqftStatus: Buy
Price $950,000

Property Overview


Ideal investor Opportunity in Prime West Hamilton This vacant, income-generating property offers a rare chance to own a multi-residential / commercial investment in one of Hamilton’s most vibrant and sought-after neighborhoods. Featuring 4 self-contained residential units, each with separate entrances, and a detached commercial office, this charming character home offers a total of 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 office unit with a kitchenette and 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 Street’s diners, boutiques, and the local farmers' market, this property benefits from an unbeatable location. Tenants will love the proximity to Bayfront Park, King William’s 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. Note: There is a variance between the frontage recorded on the deed and the survey—buyers are advised to verify. This is an exceptional opportunity to invest in a high-demand location with strong rental appeal. Don’t wait—unlock the potential of this unique property today! (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Storeys
2.5
Square Footage
2849 sqft
Subdivision Name
101 - Strathcona Central North
Title
Freehold
Land Size
under 1/2 acre
Built in
1900
Building
Bathrooms
Total
6
Interior Features
Basement Type
Full (Partially finished)
Building Features
Foundation Type
Stone
Square Footage
2849 sqft
Heating & Cooling
Cooling
Wall unit
Heating Type
Other
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Metal, Vinyl siding
Neighbourhood Features
Community Features
Community Centre, School Bus
Amenities Nearby
Hospital, Park, Place of Worship, Schools, Shopping
Parking
Total Parking Spaces
4
Land
Other Property Information
Zoning Description
D4
Features
           Wall unit
Enter Details Below
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Your Home Finance Calculation

Property Price CA $950,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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