$1,049,000

5 Bed, 5 Bath, 2,000 ft², 2 1/2 Storey home is located near Park St in Strathcona.

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.

59 Cannon St W, Hamilton is a 5 bedroom, 5 bathroom residential 2 1/2 Storey multiplex home. 59 Cannon St W, Hamilton is conveniently located in the Strathcona neighbourhood of Hamilton Ontario. 59 Cannon St W, Hamilton is an MLS®-Listed home with an asking price of $1,049,000. This residential property has been listed on ctfrealty.com for 1 days. The home is 100+ years old. Based on the Listing Price of 59 Cannon St W, Hamilton, the estimated monthly mortgage payment would be $5,068. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 59 Cannon St W, Hamilton are approximately $5,311/year based on 2024 assessment.

This 2 1/2 Storey multiplex home located at 59 Cannon St W, Hamilton features a Brick & Metal/Side exterior. The lot size of this South facing property is 75.59 x 50.77 feet. The property has 3 parking spaces. The home has Gas fueled Forced Air heating. The living room at main level has . The bedroom at main level has . The 2nd bedroom at main level has . The kitchen at main level has . The living room at 2nd level has . The kitchen at 2nd level has . The bedroom at 2nd level has . The 2nd bedroom at 2nd level has . The living room at 3rd level has . The kitchen at 3rd level has . The loft room at 3rd level has . The rec room at basement level has . Features of 59 Cannon St W, Hamilton include arts centre, hospital, park, place of worship, public transit, recreation centre.