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Home ON Greater Hamilton Hamilton Old Hamilton Central
59 CANNON STREET W
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59 CANNON STREET W $999,999
$999,999
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59 CANNON STREET W
Hamilton (Strathcona), Ontario L8R2B4

MLS® Number: X11920673
5
Bedrooms
5
Bathrooms
2000 - 2500
Square Feet

Listing Description

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. (39716343)

Location Description

Park St

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2.5
Square Footage
2000 - 2500 sqft
Community Name
Strathcona
Land Size
75.6 x 50.8 FT|under 1/2 acre
Annual Property Taxes
$5,311.19
Total Parking Spaces
3
Time on REALTOR.ca
69 days

Building

Bedrooms
Above Grade
5
Bathrooms
Total
5
Interior Features
Basement Features
Apartment in basement, Separate entrance
Basement Type
N/A
Building Features
Features
Level
Foundation Type
Stone
Rental Equipment
Water Heater
Structures
Porch
Heating & Cooling
Cooling
Window air conditioner
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Steel
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Hospital, Park, Place of Worship, Public Transit
Parking
Total Parking Spaces
3

Measurements

Square Footage
2000 - 2500 sqft

Rooms

MetricImperial
Main level
Living room
Bedroom
Bedroom 2
Kitchen
Second level
Living room
Kitchen
Bedroom
Bedroom 2
Third level
Loft
Living room
Kitchen
Basement
Recreational, Games room

Land

Lot Features
Frontage
75 ft ,7 in
Land Depth
50 ft ,9 in
Other Property Information
Zoning Description
D4
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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