536 Cannon Street E Hamilton, Ontario L8L 2E9
$724,900
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. Don’t miss this rare opportunity to own a fully renovated multi-unit property with excellent house-hacking potential. Contact us today to schedule your private viewing or to learn more about what this property can do for you! RSA. (id:46441)
Property Details
| MLS® Number | 40813527 |
| Property Type | Single Family |
| Amenities Near By | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | Community Centre |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
| Structure | Porch |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 5 |
| Appliances | Window Coverings |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Vinyl Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2107 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 80 Ft |
| Size Frontage | 26 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | D |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 9'11'' x 7'10'' | ||
| Second Level | Kitchen | 9'4'' x 9'2'' | ||
| Second Level | Primary Bedroom | 13'2'' x 10'0'' | ||
| Second Level | Bedroom | 11'6'' x 9'4'' | ||
| Second Level | 4pc Bathroom | Measurements not available | ||
| Third Level | 4pc Bathroom | Measurements not available | ||
| Third Level | Primary Bedroom | 13'2'' x 12'8'' | ||
| Third Level | Kitchen/dining Room | 12'8'' x 9'2'' | ||
| Basement | Recreation Room | 27'4'' x 21'0'' | ||
| Basement | Bedroom | 11'10'' x 10'5'' | ||
| Basement | 3pc Bathroom | Measurements not available | ||
| Basement | Storage | 21'0'' x 7'6'' | ||
| Main Level | Living Room | 10'5'' x 10'4'' | ||
| Main Level | Primary Bedroom | 12'0'' x 8'10'' | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Kitchen | 13'7'' x 10'8'' |
https://www.realtor.ca/real-estate/29624125/536-cannon-street-e-hamilton
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April 18 2026 02:02:31
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.