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. RSA. (id:63203)
Property Details
| MLS® Number | X13016214 |
| Property Type | Single Family |
| Community Name | Gibson |
| Amenities Near By | Park, Place Of Worship, Public Transit, Schools |
| Equipment Type | Water Heater, Water Heater - Tankless |
| Features | Carpet Free, In-law Suite |
| Rental Equipment Type | Water Heater, Water Heater - Tankless |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Amenities | Separate Electricity Meters |
| Appliances | Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (finished), Full, N/a |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage | |
| Street |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Park, Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 80 Ft |
| Size Frontage | 25 Ft ,6 In |
| Size Irregular | 25.5 X 80 Ft |
| Size Total Text | 25.5 X 80 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 4.01 m | 3.05 m | 4.01 m x 3.05 m |
| Second Level | Bedroom | 3.51 m | 2.84 m | 3.51 m x 2.84 m |
| Second Level | Bathroom | Measurements not available | ||
| Second Level | Living Room | 3.02 m | 2.39 m | 3.02 m x 2.39 m |
| Second Level | Kitchen | 2.84 m | 2.79 m | 2.84 m x 2.79 m |
| Third Level | Kitchen | 3.86 m | 2.79 m | 3.86 m x 2.79 m |
| Third Level | Primary Bedroom | 4.01 m | 3.86 m | 4.01 m x 3.86 m |
| Third Level | Bathroom | Measurements not available | ||
| Basement | Recreational, Games Room | 8.33 m | 6.4 m | 8.33 m x 6.4 m |
| Basement | Bedroom | 3.61 m | 3.17 m | 3.61 m x 3.17 m |
| Basement | Bathroom | Measurements not available | ||
| Basement | Utility Room | 6.4 m | 2.29 m | 6.4 m x 2.29 m |
| Main Level | Kitchen | 4.14 m | 3.25 m | 4.14 m x 3.25 m |
| Main Level | Living Room | 3.17 m | 3.15 m | 3.17 m x 3.15 m |
| Main Level | Primary Bedroom | 3.66 m | 2.69 m | 3.66 m x 2.69 m |
| Main Level | Bathroom | Measurements not available |
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April 18 2026 05:43:55
Toronto Regional Real Estate Board
RE/MAX Escarpment Realty Inc.