ON > Hamilton > Strathcona
Hamilton, ON L8R 2B4,59 Cannon ST W
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Hamilton, ON L8R 2B4,59 Cannon ST W
Hamilton, ON L8R 2B4,59 Cannon ST W
Hamilton, ON L8R 2B4,59 Cannon ST W
Hamilton, ON L8R 2B4,59 Cannon ST W
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Kevin Flaherty

Kevin Flaherty

eXp Realty, Brokerage

+1(226) 270-6433
$ 1,049,000
Est. payment /mo
Save Virtual Tour
Price Dropped by $50K

59 Cannon ST W Hamilton, ON L8R 2B4

5 Beds

5 Baths

UPDATED:

02/08/2025 09:23 PM

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Strathcona

MLS Listing ID X11920673

Style 2 1/2 Storey

Bedrooms 5

Annual Tax Amount $5,311

Tax Year 2024

Property Sub-Type Multiplex

Property 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.

Location

Province ON

County Hamilton

Community Strathcona

Area Hamilton

Rooms

Family Room No

Basement Apartment, Separate Entrance

Kitchen 5

Interior

Interior Features Accessory Apartment

Cooling Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Porch Enclosed

Parking Features Private Triple

Pool None

View Downtown

Roof Type Asphalt Shingle

Topography Level

Lot Frontage 75.59

Lot Depth 50.77

Total Parking Spaces 3

Building

Unit Features Arts Centre,Hospital,Park,Place Of Worship,Public Transit,Rec./Commun.Centre

Foundation Stone

Others

Virtual Tour https://www.myvisuallistings.com/cvtnb/352913

Listed by RE/MAX ESCARPMENT REALTY INC.
agent

Kevin Flaherty

Broker

+1(226) 270-6433

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59 Cannon ST W